Gas Industry

Region: Washington rejects request for exemption from U.S. sanctions on Russian oil industry Read More »

Region: Washington rejects request for exemption from U.S. sanctions on Russian oil industry

U.S. President Donald Trump has revealed that Hungarian Prime Minister Viktor Orbán personally requested an exemption from the newly imposed U.S. sanctions targeting Russia’s oil sector. However, Washington rejected the request, reaffirming that the restrictions would apply universally, without exceptions. Trump explained that the decision was based on both economic and national security considerations, emphasizing […]

Croatia: Omišalj LNG terminal begins testing of new regasification module, doubling capacity to 6.1 bcm Read More »

Croatia: Omišalj LNG terminal begins testing of new regasification module, doubling capacity to 6.1 bcm

The newly installed regasification module at Croatia’s floating LNG terminal in Omišalj has entered the testing phase and will undergo several weeks of adjustments, the operator LNG Hrvatska announced. The upgrade is a key part of a major capacity expansion project at the liquefied natural gas terminal. According to LNG Hrvatska, the new module must

Bulgaria weighs options for Lukoil Burgas refinery amid U.S. sanctions and energy security concerns Read More »

Bulgaria weighs options for Lukoil Burgas refinery amid U.S. sanctions and energy security concerns

Bulgaria is maintaining active coordination with both the European Union and the United States regarding the uncertain future of the Lukoil Neftochim Burgas refinery, said Pavela Mitova, Chair of the Parliamentary Committee on Energy. She confirmed that domestic fuel supplies remain stable and that reserves are sufficient for the coming months, but emphasized that a

Bulgaria: Electricity production up 7.5% in 2025, driven by strong growth in renewables Read More »

Bulgaria: Electricity production up 7.5% in 2025, driven by strong growth in renewables

According to data released by Bulgaria’s electricity transmission system operator ESO, the country’s electricity production between January 1 and November 2, 2025, rose by 7.51 percent compared to the same period in 2024, reaching 33.68 TWh. Electricity consumption also increased, growing by 6.42 percent to a total of 31.61 TWh. As a result, Bulgaria recorded

Bosnia and Herzegovina: TPP Ugljevik secures new coal concession and higher electricity price, ending workers’ strike Read More »

Bosnia and Herzegovina: TPP Ugljevik secures new coal concession and higher electricity price, ending workers’ strike

The thermal power plant and coalmine complex RiTE Ugljevik has received approval to begin operations in the Ugljevik East 2 concession area, along with authorization for a higher electricity selling price. The decision follows a series of high-level meetings between representatives of the Government of the Republic of Srpska, state-owned power utility ERS, and Gas

Bosnia and Herzegovina: TPP Gacko restored to full operation after boiler repair Read More »

Bosnia and Herzegovina: TPP Gacko restored to full operation after boiler repair

The coal-fired thermal power plant in Gacko has been reconnected to the grid following the successful repair of a technical fault, according to Director Maksim Skoko. The unit was temporarily taken offline on the morning of November 1 after operating continuously for 57 days, due to a malfunction in the boiler system caused by a

Romania: R.Power begins construction of 55 MW Lazuri solar power plant, backed by 15-year CfD contract Read More »

Romania: R.Power begins construction of 55 MW Lazuri solar power plant, backed by 15-year CfD contract

Polish renewable energy developer and operator R.Power has started construction of the Lazuri solar power plant, a 55 MW facility located in the Lazuri commune in Romania’s Satu Mare county. The project is being carried out by NOMAD Electric, R.Power’s engineering and construction subsidiary. The new plant will be connected to Romania’s national electricity grid

Montenegro: Gvozd 2 wind farm cleared without full environmental impact study, expansion to reach 75 MW by 2026 Read More »

Montenegro: Gvozd 2 wind farm cleared without full environmental impact study, expansion to reach 75 MW by 2026

The Montenegrin Environmental Protection Agency has decided that the planned 21 MW Gvozd 2 wind farm does not require a full environmental impact assessment. The agency emphasized that the investor must fully comply with all environmental protection measures specified in the project documentation and adhere to applicable technical regulations. The Gvozd 2 project represents an

Bulgaria: KEVR approves November gas price increase secures stable supply from Azerbaijan and LNG imports Read More »

Bulgaria: KEVR approves November gas price increase secures stable supply from Azerbaijan and LNG imports

The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 7.88 percent increase in the wholesale natural gas price for November 2025, raising the rate to approximately 33.7 euros per megawatt-hour, excluding VAT and excise duty. This follows a smaller, 1 percent increase approved for October. Despite the adjustment, the newly approved price

Bulgaria imposes temporary ban on fuel exports to EU amid sanctions on Russian oil companies Read More »

Bulgaria imposes temporary ban on fuel exports to EU amid sanctions on Russian oil companies

The Bulgarian Parliament has approved a government-backed proposal to restrict the export of petroleum products to other European Union member states, citing the need to protect national energy security in response to new US sanctions targeting Russian oil companies. The decision follows Washington’s announcement of sanctions against Rosneft and Lukoil, which include freezing their US-based

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