Poland, Hungary and the Czech Republic are offering their domestic refiners about 8 million barrels of oil from strategic reserves after supplies from Russia's Druzhba pipeline to Europe were halted, industry sources said on Friday.
read more... 06/05/2019
Public Gas Corporation (DEPA) of Greece has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.
read more... 18/04/2019
The Hungarian government has made an offer to buy 25 percent of a LNG terminal that is to be built in Croatia, Hungarian Foreign Minister Peter Szijjarto told journalists in Dubrovnik on Friday, according to MTI news agency.
read more... 15/04/2019
Spain's Balearic Islands government announced on Monday it will offer a EUR-40-million (USD 45.37m) credit line to aid the construction of photovoltaic (PV) projects.
read more... 18/12/2018
Record U.S. crude production and increased concerns of a global oversupply put pressure on oil prices on Wednesday. US sanctions against Iran failed to support the market, as waivers have been offered to 8 eight countries, including three of the world's major importers, allowing them to continue acquiring Iranian crude for six months.
read more... 08/11/2018