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Slovenia extends regulated fuel pricing to December and raises retail margins

The Slovenian Government will keep regulated pricing for key petroleum products in place until mid-December, while also approving higher retail margins for fuel distributors....

MOL and Serbia agree key terms for NIS shareholder deal, refinery guarantees included

Negotiations over the future ownership structure of Serbia’s NIS have reached a major milestone, with Serbian authorities and Hungary’s MOL reportedly resolving all key...

NIS requests new OFAC authorization to extend operations past 16 June

Serbian oil company NIS has asked the US Treasury Department’s Office of Foreign Assets Control (OFAC) for a new special authorization to keep its...

OFAC deadline shapes NIS ownership talks and Pančevo refinery operating plans

Negotiations on the future ownership structure of Serbia’s oil sector are ongoing, with uncertainty remaining over the long-term arrangement for Naftna industrija Srbije (NIS)....

Brent, TTF and EEX EUA move in early June on Middle East supply signals

Brent oil futures on ICE, Front Month, moved higher early in the first week of June before reversing later. The contract reached a weekly...

MOL granted OFAC extension for talks on potential controlling stake in NIS

MOL has received an extension from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) to continue negotiations related to a potential acquisition...
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