Rapid energy transition or costly reliance on fossil fuels – time is running out for Southeast Europe
Energy security has become an issue of political stability, economic survival, and national security, Mislav Slade-Šilović said at BEF 2026
Oil trader Gunvor set to take over Lukoil’s refineries, fuel chains in Southeast Europe
Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist
Russia’s Lukoil to sell refineries, fuel chains in Southeast Europe amid US sanctions
Lukoil operates oil refineries in Bulgaria and Romania, as well as fuel retail chains across the region
Ukrainian billionaire Akhmetov completes 60 MW Ruginoasa wind farm in Romania
The Ruginoasa wind farm, featuring Romania’s biggest wind turbines, is expected to start producing electricity next year
Germany again resorts to coal to avert winter power shortages
The German government has given the green light to restarting several coal-fired power units to boost electricity supply this winter
IEA chief warns of fresh energy price hike this winter
China’s economic recovery coupled with a harsh winter could push up gas prices, the IEA executive director has warned
Greece and Bulgaria agree to boost energy ties
The two countries have signed memoranda of understanding on natural gas storage and the construction of a new oil pipeline
Turkey breaks record in solar, wind power output in July
Turkey's solar power plants generated a total of 2.07 billion kWh and wind power plants 4.2 billion kWh in July