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Officials from the Lithuanian Special Investigation Service, or STT, on Wednesday visited the Finance Ministry in Vilnius and took certain documents, the finance minister's spokeswoman confirmed to BNS on Thursday.

The Lithuanian Special Investigation Service, or STT, has launched a pre-trial investigation into a possible abuse by disclosing classified information submitted to the Finance Ministry about a candidate to become a member of the supervisory board of the state energy group Lietuvos Energija (Lithuan...

Lithuanian officials say that hackers constantly search for seek spots in systems of strategic importance, therefore, executives of companies and institutions should pay more attention to cyber security, top executives of relevant institutions told BNS in comment of a Reuters report about hacker att...

France's Alstom has paid 13 million euros in compensation to Lithuania as ordered by London's Southwark Crown Court in a case in which the French group's Swedish energy unit Alstom Power was accused of corruption in Lithuania.

Lithuanian MEP Viktor Uspaskich was on Friday questioned by the Special Investigation Service (STT) as special witness. According to information available to BNS, he was questioned in the probe of large-scale bribery and corruption involving French engineering group Alstom that conducted projects es...

In cooperation with the UK law-enforcement, the Lithuanian Special Investigation Service (STT) is conducting a large-scale corruption and bribery investigation involving, among other things, a 200-million-euro project carried out by France's engineering group Alstom at the Lithuanian Power Plant in ...

Stopping the construction of the Astravyets nuclear power plant in Belarus through legal means is hardly possible, but arguments of European integration could be used for this purpose, Romas Švedas, a member of the Implementation Committee of the UN Espoo Convention, said on Monday evening.

The ministerial cabinet is currently preparing a reform plan for state run enterprises. Experts are certain that it will face resistance from those used to and benefiting from the current situation.

A day after the Tesla Motors lithium accumulator factory opened in Nevada, government and business representatives met for a discussion of the potential to build such a gigafactory in Lithuania as well.

Russian gas concern Gazprom must pay Lithuania a fine of 35.651 million euros, which was imposed two years ago for refusing to sign a gas exchange deal with Lithuania's state-owned electricity production group Lietuvos Energijos Gamyba (Lithuanian Energy Production, LEG) formerly known as Lietuvos E...

Dalius Misiūnas, CEO of the Lithuanian state-energy holding company Lietuvos Energija (Lithuanian Energy), denies that he has been offered the post of transport minister in the country's next government.

The 2015 annual report on the Lithuanian state-owned enterprises (SOEs), which contains financial results of SOEs, was presented at the government meeting on 15 September, Turto bankas informed in the press release.

The Baltic States are considering creating a single gas market that would facilitate gas trading among the three countries and may include Finland.

Dalius Misiūnas, the managing director of UAB Lietuvos Energija has been selected as the 2015 Manager of the year by the weekly magazine Veidas and a panel of experts.

CEO of Lietuvos Energija (Lithuanian Energy), Lithuania’s state-owned energy holding, says the company intends to take part in Gazprom’s natural gas auction for the Baltic countries this week, but the auction price will have to be comparable to those in Europe and lower than the one offered by Gazpr...

Lithuania’s ethics commission announced it is to open a probe into Lietuvos Energija CEO and chairman Dalius Misiūnas over an alleged conflict of interest.

Lithuania's gas trade company Litgas, which is part of the state-owned energy holding Lietuvos Energija (Lithuanian Energy), on Thursday signed a revised LNG supply contract with Norway’s Statoil.

Lithuania's gas company Litgas has concluded negotiations with Norway's Statoil to review it's five-year liquefied natural gas (LNG) supply contract, substantially cutting maintenance costs of Lithuania's LNG terminal and the price for gas consumers, Prime Minister Algirdas Butkevičius says.

Litgas, the gas trading arm of the state-owned energy group Lietuvos Energija, will sign a renewed liquefied natural gas (LNG) supply contract with Norway's Statoil on Monday.