Lukoil stops supplying oil to Hungary after Ukraine tightened sanctions
Hungary and Russia are looking for a solution so that the Russian oil group Lukoil PJSC can resume oil deliveries…
Hungary and Russia are looking for a solution so that the Russian oil group Lukoil PJSC can resume oil deliveries…
Ukraine is discussing the sending of natural gas from Azerbaijan to the European Union, in the context of which it…
Russia will allow refineries to continue exporting gasoline for another month because the domestic market remains well supplied, reports Bloomberg.…
Europe and the US will not allow Russia to regain its empire, as the regime in Moscow intends to do.…
The Moscow Government has instructed Gazprom not to pay dividends for 2023, according to a decree published on the state…
Russia’s oil and gas industry was crucial to financing the invasion of Ukraine, giving the Kremlin the funds it needs…
Russia overtook Saudi Arabia last year to become China’s largest supplier of oil, which highlights the ineffectiveness of the West’s…
The Austrian group OMV and the German company Wintershall Dea will officially lose their stakes in the Russian Arctic gas…
Hungary’s gas consumption has dropped from the traditional ~10 bcm by 1,5 bcm to 8.5 bcm both on the residential…
Imports of steel products containing Russian raw materials will be banned in the EU from September 30, 2023, even if…
Moscow is sending massive amounts of crude to the market, even as it announced it will extend its voluntary decision…
Russia remained China’s largest supplier of crude oil in July, data published by the Beijing government showed on Sunday, even…
The energy crisis of 2021-2022 was like a tropical tornado: unexpectedly hit, then went without advance warning, and done much…
Exiting natural gas is only feasible by 2050 but accelerating natural gas phase-out is the most efficient way to reduce…
Romania and Bulgaria are very good partners and should continue their cooperation, especially in the energy field and will have…
Russia will reduce the amount of currency it plans to sell by early April as energy export earnings show signs…
The idea of price fixing is having a real renaissance in Central Europe. If any of the retired employees of…
Coupling Eastern European electricity markets at the European level was a big mistake. This forced project was created to hide…
Hungary is in great need of gas from the Neptune perimeter in the Black Sea, due to its massive dependence…
The Ukrainian electricity grid operator, NPC UKRENERGO, was working on Monday evening to restore electricity supplies to the country after…
The Moldovagaz company will not be able to get through this winter without the help of the Chisinau government, because…
The European Commission outlined two possible instruments to cap wholesale gas prices – one of which would be targeted at…
Hungary’s Atomic Energy Authority has granted construction licenses for two new reactors at the Paks nuclear power plant, which are…