In the early hours of July 22, Russian forces launched a drone attack targeting gas extraction facilities operated by Naftogaz of Ukraine, resulting in damage to infrastructure. Recovery efforts are currently underway, Naftogaz CEO Sergii Koretskyi has announced on Facebook. “Overnight, Russia once again carried out a massive attack on our gas infrastructure. Dozens of…
Energy Minister Zhecho Stankov shared encouraging news for Bulgaria’s energy sector, highlighting that financial institutions were prepared to provide funding eight times greater than what was required for the construction of the Vertical Gas Corridor infrastructure. He attributed this favorable development to the positive momentum following Brussels’ announcement confirming Bulgaria’s eurozone entry starting from January…
While offshore wind farms are now almost certainly off the table in Estonia for the next decade or two, transmission system operator (TSO) Elering still plans to move forward with an undersea power link to Latvia via Saaremaa. The Ministry of Climate now acknowledges that the previously planned reverse auction-based subsidy model isn’t suitable for…
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU. Following the sharp rise in electricity prices caused by carbon emissions quotas under the “Green Deal”, the Commission now aims to extend the emissions trading system to include the transport and building sectors starting in…
Russian forces have attacked a critical energy facility in Kherson region, the residents are urged to prepare for a prolonged power outage, Head of the Kherson Regional Military Administration Oleksandr Prokudin has reported on Telegram. “On the eve of Constitution Day, the Russians decided to plunge Kherson region into darkness by attacking a vital energy…
First Deputy Minister of Energy of Ukraine Yurii Sheiko took part in the first meeting of the Headquarters for the preparation of the housing and communal services (HCS) and the fuel and energy complex for the autumn-winter period of 2025-2026. The meeting was chaired by Oleksii Kuleba, Deputy Prime Minister for Restoration of Ukraine, Minister…
At an open session, the Energy and Water Regulatory Commission (EWRC) reviewed a proposal submitted by Bulgargaz EAD on June 10, for setting the July sale price of natural gas to end suppliers and licensed heating energy producers. The report from the regulator’s working group, published in advance for transparency, included detailed calculations and supplier…