energy sector

In a historic move, Hungary has quietly borrowed €1 billion from three Chinese banks in the spring of 2024. This unprecedented loan, the largest in the country’s history, was reported …

Naftogaz, one of Ukraine’s most prominent state-owned enterprises, recently released a report detailing its financial successes, including significant profits in the first quarter of 2024. At first glance, this appears …

The European Union Council has endorsed the 14th package of economic and individual sanctions in response to Russia’s aggression against Ukraine. This decision was made on 24 June, as announced …

In a bid to escalate pressure on Russia, EU is preparing to expand its sanctions regime, targeting 20 individuals and 22 entities in its latest package of sanctions. These sanctions, …