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Serbia extends export curbs on crude oil and petroleum products until 31 July

The Serbian Government has extended temporary restrictions on the export of crude oil and petroleum products, prolonging the measure until 31 July. The decision...

INA completes 11 MW solar installation at Rijeka refinery for green hydrogen

Solar power works finished under NRRP-linked grant Croatian oil company INA has completed the installation of solar panels at its Rijeka refinery, a milestone in...

Diesel pump prices in Romania set to rise from 1 July as tax relief ends

Fuel excise reduction ends on 30 June Diesel prices in Romania are scheduled to increase from 1 July after a temporary reduction in fuel excise...

OFAC extends Lukoil asset sale negotiations license to 25 July

The U.S. Office of Foreign Assets Control (OFAC) has prolonged until 25 July its general license that allows negotiations related to the sale of...

NIS requests US special license extension ahead of 1 July sanctions deadline

Serbian oil and gas company NIS has asked the US Department of the Treasury to extend its special operating license. The authorization currently allows...

Serbia’s NIS question becomes a regional oil security test for MOL, Gazprom Neft and OFAC

Serbia’s oil market is entering a decisive phase as the future ownership of Naftna Industrija Srbije, or NIS, moves from corporate negotiation into strategic energy security....
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