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HomeWeekly Top 5Top 5 stories of the week: 30 June - 6 July

Top 5 stories of the week: 30 June – 6 July

1. Updating EU’s Climate and Energy Policies: Romania

Continuing with our series on EU member states’ Climate and Energy Policies, we look at Romania’s most recent targets, progress and expectations for the updated document. Since 2020, fossil fuels continue to play a significant role in Romania’s energy mix, while the share of renewables decreased in recent years. Can we expect an ambitious NECP? Read the full story here.

2. ICGB launches first phase of the process incremental capacity process

The independent transmission system operator ICGB, responsible for the management and commercial operations of the Interconnect Greece-Bulgaria gas pipeline is initiating the mandatory process for assessing market demand for incremental capacity. The new infrastructure provides nearly Bulgaria’s annual domestic consumption and creates opportunities for natural gas transportation to other neighbouring countries in the region, including Moldova and Ukraine. Read the full story here.

3. How Ukraine is going to reshape its energy system?

Andrii Zhupanyn, MP of Ukraine and Member of the Energy Committee has shared with us the main takeaways of the Ukrainian Recovery Conference, held recently in London, focusing on what Ukraine needs to do to attract investors in the energy industry. Read the full story here.

4. MOL Group expands in Slovenia, emerging as the country’s second-largest player

MOL Group has successfully concluded the acquisition of OMV Slovenija, solidifying its position as the second-largest player in Slovenia. The group’s own refineries, located in Hungary, Slovakia, and Croatia, play a significant role in ensuring price competitiveness and supply security to regional markets. Read the full story here.

5. ORLEN’s historic second LNG carrier arrives in Świnoujście

At the end of June, the second vessel of the liquefied natural gas (LNG) fleet developed by Polish ORLEN Group arrived at the LNG terminal in Świnoujście, delivering around 65,000 tonnes of LNG from the Freeport terminal in Texas, US. Read the full story here.

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