Tag: legal

Five investors sued the state over SHPP concessions termination – Montenegro, 06 April 2021

According to Montenegrin media, the state has been sued by five investors over unilaterally terminating concession contracts for the construction of small hydropower plants (SHPP). Previously, the Ministry for Capital Investments said that it has terminated seven SHPP concession contracts because Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, […]

Court clears Lukoil management of money laundering charges – Romania, 11 December 2020

The Prahova Court acquitted, in a retrial, the companies Petrotel Lukoil and Lukoil Holland and its management accused of fraud and money laundering. The ruling is not final and can be appealed by prosecutors at the Ploiesti Court of Appeal. In August 2016, Romanian prosecutors announced that the Full article available for subscribers of Energy […]

Electricity production reached 3,066 GWh in April – Bulgaria, 29 June 2020

According to Bulgarian National Statistical Institute, production of electricity in April 2020 decreased by 21.5 % compared to March, to 3,066 GWh, while consumption of electricity dropped by 16.1 % on monthly basis and amounted to 2,587 GWh. Consumption of natural gas in April 2020 decreased by 23. Full article available for subscribers of Energy […]