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NIS Secures US Operating Licence in Serbia Through 11 December

Serbia’s oil company NIS has received a temporary US Treasury licence to continue operating under the existing sanctions regime through 11 December. The authorisation...

UK waiver keeps Lukoil Bulgaria operations exempt through 26 February 2027

The United Kingdom has extended a sanctions exemption for Lukoil’s Bulgarian businesses until 26 February 2027. The waiver allows Bulgaria’s largest oil refinery to...

Romania weighs diesel price controls through January 2027

Romania is considering a three-month extension of emergency measures limiting fuel-price rises to curb winter diesel costs and their impact on inflation and business...

NIS seeks US waiver before October 30 licence expiry

Serbia’s oil company NIS has asked the US Treasury Department’s Office of Foreign Assets Control for another authorization to continue operating after its current...

US extends Lukoil asset-sale talks to November 21 as SEE refineries draw interest

The United States has moved the deadline for talks on the sale of Lukoil’s international portfolio to November 21, giving potential buyers more time...

Albpetrol awards crude tender amid 100,400/101,400-tonne discrepancy

Albania’s state-owned oil producer Albpetrol has awarded a contract for the sale of crude oil to domestic companies Europetrol Durres and Bitex Refinery. The...
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