Ukraine’s State Property Fund plans to sell UAH 4 billion worth of assets at privatization auctions in 2024. “The fund has already created auction commissions to determine the starting prices and terms of sale for 15 objects of large privatization. In the future, the terms of sale and starting prices will be approved by the…
Poland’s listed energy concern Orlen has taken over a 100% stake in Kufpec Norway, a unit of the international oil company Kuwait Foreign Petroleum, which is engaged in exploration in Norway. The deal has a transaction value of $445 million as estimated for January 1, 2024, Orlen has said in a press statement. Thanks to…
The Center Regional Development Agency (ADR) has announced the start of the expropriation procedure, based on the law on the declaration of public utility of national interest for the construction works of Chisinau-Straseni-Calarasi aqueduct. After the publication of the expropriation act in the Official Journal of the Republic of Moldova (November 16), the expropriator (the…
Bulgaria’s Minister of Finance, Asen Vassilev, provided reassurance that the forthcoming abolition of the derogation for Russian oil, scheduled for March 1, 2024, would not disrupt the Bulgarian market or prompt price hikes. Speaking to journalists in Blagoevgrad, Vassilev addressed the recent agreement between political parties – GERB-SDS, We Continue the Change – Democratic Bulgaria…
NNEGC Energoatom specialists have completed scheduled repairs at the last, 9th nuclear power unit of the Ukrainian NPP. All units located on the territory controlled by Ukraine are now operating at full capacity. “The large-scale repair campaign at the nuclear power plants, which lasted several months, was completed before the onset of winter. This is…