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OMV Petrom refining margin rises while upstream output and gas sales fall

Third-quarter refining margin and refinery operating levels OMV Petrom reported a sharp increase in its third-quarter indicator refining margin, with the refining benchmark reaching $41.75...

Albpetrol crude auction offers 101,400 tonnes with up to 12-month delivery window

Albania is offering 101,400 tonnes of crude oil through a benchmark-linked auction. The sale is scheduled for October 8, with Albpetrol, the state-owned company,...

MOL negotiations for controlling stake in Serbia’s NIS continue under OFAC authorisation

MOL said talks to acquire a controlling stake in Serbia’s NIS are still active, rejecting reports that discussions with the company’s Russian shareholders have...

MOL-NIS majority stake talks in Serbia unresolved as October deadline nears

A potential MOL acquisition of a majority stake in Serbia’s NIS remains unresolved as an October deadline approaches, even after a new US authorisation...

NIS US licence extension to 30 October supports Pančevo refinery output

Serbia’s NIS has received a further US licence extension that allows operations to continue through 30 October. The extension provides additional operating certainty for...

Romania extends 25% diesel excise reduction through 15 October

Romania has extended its 25% excise-duty reduction on standard diesel through 15 October. The measure is set to continue into October after being previously...
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