Ukraine: President imposes new sanctions against individuals and companies linked to rosatom and russia’s energy entities

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President of Ukraine Volodymyr Zelenskyy has signed Decrees No. 594/2025 and No. 595/2025, which, upon the submission of the Ministry of Energy of Ukraine, enact personal and sectoral sanctions against 35 individuals and legal entities connected with the russian state corporation “rosatom” and other russian energy structures. Sanction restrictions have been applied to 18 individuals…

Bulgaria: U.S. financiers propose major investment in gas hub

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Two American financiers, one of whom has ties to the former U.S. President Donald Trump’s campaign, have initiated talks with Bulgarian officials over a potential investment in Chiren, Bulgaria’s state-owned underground gas storage facility. According to multiple sources familiar with the discussions, the interest centers on joining a government-backed plan to double the facility’s capacity.…

Ukraine: new opportunities open for expanding energy cooperation with Turkiye

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Ukraine’s Minister of Energy Svitlana Grynchuk held a meeting with the Ambassador of the Republic of Turkiye to Ukraine Mustafa Levent Bilgen, during which the parties discussed expanding cooperation in the energy sector and protecting energy infrastructure. Svitlana Grynchuk and Mustafa Levent Bilgen explored prospects for developing bilateral projects, particularly in the areas of natural…

Bulgaria: Gazprom-owned NIS exits market

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The Serbian oil company NIS, majority-owned by Russia’s Gazprom, has officially decided to exit the Bulgarian market. Its Board of Directors has approved the sale of its local subsidiary due to ongoing difficulties in downstream operations within Bulgaria. Specific details surrounding the deal remain undisclosed, pending further clarity. NIS currently operates 22 gas stations in…