The EU is seeking to rapidly increase its LNG imports from the U.S,, according to a trade deal with President Donald Trump. The EU is seeking to rapidly increase its LNG imports from the U.S,, according to a trade deal with President Donald Trump. That will require countries still receiving…

A regional project involving seven countries aims to replace Russian gas and expand transmission capacity across East and Central Europe. The Vertical Gas Corridor, designed to significantly increase gas supplies from LNG terminals at Greek ports on the Mediterranean through Bulgaria to Romania, Hungary, Slovakia, Moldova and Ukraine, is expected…

In unusually blunt terms, the self-styled politician said that Europe is making a mistake by focusing only on armaments. From Riyadh, where he addressed the 9th Future Investment Initiative, Albanian Prime Minister Edi Rama delivered a stark warning to Europe. In unusually blunt terms, he declared: “Europe is making a…

Hungarian Prime Minister Viktor Orbán looks forward to working with Andrei Babiš, whose right-wing populist party won the parliamentary elections in the Czech Republic, and Slovak Prime Minister Robert Fico, to reach a consensus before EU leaders’ meetings. «I think this will happen – and will become more and more…

Pumps may run dry in the region until Russian companies find buyers for their refineries in Bulgaria, Romania, and Serbia. Russian oil company Lukoil announced on Monday that it has begun selling all its international assets following the sanctions imposed by the United States. “Lukoil informs that owing to the…