A collection of 10 posts
Romanian President Klaus Iohannis promulgated the revised law that lays down a “solidarity contribution” from the “excessive profits” of energy companies, on Friday 12 May. The new provisions were much softened compared to the initial version, which was deemed “unconstitutional” by a furious OMV Petrom, the Romanian integrated oil company
Russia has ceased the supply of oil to Poland through the Druzhba pipeline, CEO of Polish oil refiner PKN Orlen Daniel Obajtek announced on Saturday, 25 February. The sudden suspension of oil supplies through the pipeline, which is exempt from EU anti-Russian sanctions, has the potential to impact Poland’s
Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee for usage of the southern, Ukrainian section of the Druzhba pipeline on Wednesday. Ukraine suspended Russian oil flows through the pipeline on Thursday 4 August, Russian pipeline operator Transneft said
Albania may be about to announce the findings of exploratory fossil fuel drillings of such a magnitude that they will change Europe’s energy landscape, Albanian Prime Minister Edi Rama announced Tuesday. “The signs show that we may be close to a very important discovery of gas and oil underground,
Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU, after he met Serbian government officials in Belgrade on Monday, 13 June. Alexander Schallenberg added that he hopes Serbia and other WB states will align their stances on Russia
European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s proposed package of sanctions against Russia with Hungarian Prime Minister Viktor Orban. After the meeting, von der Leyen tweeted: “This evening’s discussion with PM Viktor Orban was helpful
The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn up, Reuters reports. The EU will on Tuesday finalise its sixth package of sanctions against Russia, and is aware of how dependent the two countries are on Russian crude oil,
Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all Russian energy sources, Warsaw says coal will be cut off within two months, while oil imports should cease by the end of 2022, according to Notes From Poland. Poland’s
Representatives from Ukraine and Russia are scheduled to meet on Monday for another round of peace negotiations. Despite their earlier agreement to open up humanitarian corridors, Ukrainian civilians were not able to leave from Mariupol over the weekend; both sides blamed the other for the ceasefire failure. As Russian forces
Belarus will limit the pumping of oil to Poland through its section of the Druzhba pipeline for three days from Thursday, Transneft official Igor Demin announced yesterday. Gomeltransneft, the Belarusian subsidiary of Russia’s Transneft, is carrying out “unscheduled repairs”, Demin said, adding that its planned transit target for November