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Hungary to abolish fuel price protection as retail prices fall below ceiling

Cabinet decision to end 95-octane retail price cap Hungary’s government plans to phase out its fuel price protection scheme after retail fuel prices fell below...

NIS gets US sanctions license extension to 1 July amid MOL takeover talks

NIS has been granted a new special license by the US Treasury Department that allows the company to continue operating until 1 July, despite...

MOL and Serbia outline NIS governance framework if MOL buys Gazprom Neft stake

MOL Group and the Government of Serbia have signed a shareholders’ agreement covering the future governance structure of Naftna industrija Srbije (NIS) under a...

FBiH limits petroleum profit margins and advances draft natural gas legislation

Margin caps for petroleum products The Government of the Federation of Bosnia and Herzegovina (FBiH) adopted a decision to limit profit margins on petroleum products....

Brent, TTF and EEX prices ease amid Middle East deal expectations

Brent crude oil futures for the front month on ICE reached a weekly peak settlement of $94.25/bbl on Monday, June 8. Prices stayed above...

Republic of Srpska extends fuel discount scheme to 15 July

The Government of the Republic of Srpska has extended its fuel discount programme until 15 July. The measure allows both consumers and businesses to...
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