Energy companies OMV Petrom (currently owned by the Austrian oil company OMV) and NewMed Energy Balkan (NewMed Energy, Israel) have signed a contract to drill two wells at the Khan Asparuh block in the Black Sea (off the coast of Bulgaria) for exploration.
On July 18, the EU Council adopted the new 18th package of sanctions against Russia, which covers the energy and port sectors.
The European Commission and Ukraine have concluded negotiations on updating the trade liberalization provisions of the Association Agreement governing the Deep and Comprehensive Free Trade Area (DCFTA).
The Romanian government has extended the mandatory licensing of imports of Ukrainian agri-food products until December 31, 2025. This was reported by the country’s Ministry of Agriculture, emphasizing that this decision is aimed at protecting national producers and food security.
The European Commission’s Decision No. 2025/1132 of June 3 established the size of quotas on imports of Ukrainian agricultural products, which will come into force on June 6 and will be in force until the end of this year.
Al Dahra (United Arab Emirates) and Getreide AG Ukraine (Ukrainian branch of the German Getreide AG) have entered into an exclusive agreement on grain purchases in Ukraine. The new partnership is expected to provide Al Dahra with direct access to Ukrainian wheat, corn and barley exports.
MHP Group has announced the launch of commercial production of liquefied biomethane and the successful completion of the first exports of Ukrainian Bio-LNG to the European Union.
On February 11, PJSC Oril Leader, a part of MHP agro-industrial holding with a biomethane plant, exported 27,400 cubic meters of biomethane. Thus, the MHP unit became the second Ukrainian company to export this product.
VITAGRO Group of Companies has started exporting biomethane to the European Union by pipeline – a test batch of 720 MWh (68,000 cubic meters) was delivered to Germany via the Ukrainian-Slovak border on February 7, 2025. The delivery was carried out in cooperation with ERU, a trading and energy solutions company in the region.
The Government of the Republic of Moldova has decided to extend the licensing of imports of wheat, corn and sunflower seeds until June 30, 2025. According to country’s Ministry of Agriculture and Food Industry, the licensing is aimed at protecting local farmers and ensuring the stability of domestic agricultural market amid current challenges in…… Read more »