oil

Romania loosens surplus tax on OMV Petrom

Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy…

2 years ago

Russia cuts oil supply to Poland

Russia has ceased the supply of oil to Poland through the Druzhba pipeline, CEO of Polish oil refiner PKN Orlen…

2 years ago

Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis

Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee…

2 years ago

Albania may be sitting on huge oil, gas reserves, PM reveals

Albania may be about to announce the findings of exploratory fossil fuel drillings of such a magnitude that they will…

2 years ago

Austria tries to get Serbia back on EU track

Austria’s foreign and European affairs minister said he expects the countries in the Western Balkans (WB) to join the EU,…

2 years ago

Von der Leyen makes surprise visit to Budapest

European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s…

3 years ago

EU may excuse Hungary, Slovakia from oil ban

The European Commission (EC) may allow Hungary and Slovakia to opt out of the Russian oil embargo currently being drawn…

3 years ago

Warsaw gets serious about eliminating Russian energy imports

Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all…

3 years ago

Peace talks to resume after humanitarian corridor failure

Representatives from Ukraine and Russia are scheduled to meet on Monday for another round of peace negotiations. Despite their earlier…

3 years ago

Belarus drops volume of oil transit to Poland citing ‘unscheduled repairs’

Belarus will limit the pumping of oil to Poland through its section of the Druzhba pipeline for three days from…

3 years ago