Romania: No extension on U.S. sanctions as government moves to secure petrotel operations
Romania will fully comply with the international sanctions imposed on Lukoil and will not request an extension beyond the 21 […]
Montenegro: Jugopetrol positioned to secure contract for fuel reserve storage
Jugopetrol, Montenegro’s main fuel distributor and a subsidiary of Greece’s Hellenic Energy, has become the sole bidder in the Government’s
Hungary: Paks 2 moves toward main construction phase with new regulatory approvals
The Hungarian Atomic Energy Authority (OAH) has issued new construction permits enabling the start of foundation concrete pouring for unit
Hungary: MOL CEO says Danube refinery fire caused by technical failure, not sabotage
MOL Group CEO Zsolt Hernadi has dismissed claims that the recent fire at the company’s Danube refinery in Százhalombatta was
Hungary: HUPX day-ahead power price jumps 20 % in October 2025
The average day-ahead electricity price on the Hungarian power exchange HUPX reached 122.09 euros/MWh in October 2025, marking a 20
Bulgaria: Bulgargaz proposes lower wholesale gas price for December 2025
Bulgarian state-owned gas supplier Bulgargaz has proposed a lower wholesale natural gas price for December 2025. The expected price for
Bulgaria: Cengiz Holding and SOCAR move to acquire Lukoil’s Burgas refinery in $2.5 billion deal
According to media reports, Turkish conglomerate Cengiz Holding and Azerbaijan’s state-owned energy company SOCAR are moving forward with plans to
Design certainty, bankable outcomes: Engineering that inspires investor confidence
Bankability begins long before contracts are signed or funding is arranged. It starts in the design office, where each technical
Technical due diligence as investor defense: The OE as lenders’ first line of verification
Technical due diligence (TDD) transforms project ambition into factual verification. For investors, it is the first barrier against unrealistic proposals.
From obligation to advantage: How ESG and compliance create bankable assurance
Environmental, Social, and Governance (ESG) due diligence has moved from optional to mandatory. Lenders and export-credit agencies demand alignment with
Structuring safeguards: How risk engineering converts uncertainty into control
Every infrastructure investment carries uncertainty—technical, commercial, regulatory, and environmental. Risk engineering converts these uncertainties into measurable safeguards. The OE leads
How the Owner’s Engineer serves as the investor’s technical intelligence arm
Between contractor optimism and investor caution stands the OE—neutral, data-driven, and answerable to the project’s financiers. Its reports inform disbursements,