United States

US extends deadline for sale of Lukoil’s foreign assets amid global interest

The United States has extended the deadline for negotiations regarding the sale of Lukoil’s foreign assets. Under a general license issued by the Office of Foreign Assets Control (OFAC), purchase agreements for the Russian company’s international holdings can now be finalized until 17 January 2026. This extension applies solely to transactions that explicitly require separate […]

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Europe: US plans funding boost to expand Vertical Gas Corridor and supply more LNG to Ukraine

The United States is considering new funding options to support infrastructure projects that would expand the Vertical Gas Corridor and strengthen gas transmission systems across southeastern Europe. The goal is to increase the flow of US liquefied natural gas (LNG) to Ukraine and boost regional energy security. The initiative is gaining momentum ahead of a

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United States grants $130 million for Moldova–Romania high-voltage transmission line to boost energy security

The United States has provided a $130 million grant to support the construction of a new high-voltage transmission line linking Moldova and Romania. The 190-kilometer Straseni–Gutinas line aims to enhance Moldova’s energy security while strengthening cooperation with the US. Once completed, the transmission line will integrate Moldova more fully into the European electricity network. It

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Hungary: U.S. lifts sanctions on Paks nuclear expansion, paving way for full-scale construction

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that the United States has officially lifted sanctions that had been obstructing Hungary’s plans to expand its Paks nuclear power plant. Originally imposed by the Biden administration, the restrictions have now been reversed, reverting to a Trump-era policy stance. Minister Szijjártó emphasized that the

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Croatia explores nuclear energy cooperation with US, focuses on small modular reactors

During a meeting in Washington with a US delegation led by Maria Korsnick, President and CEO of the Nuclear Energy Institute, Croatian Minister of Economy Ante Susnjar discussed potential cooperation between Croatia and the United States in advancing nuclear energy. The focus of the talks was on the deployment of small modular reactor (SMR) technology.

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