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Petrol Group Reports Significant Profit Decline in Q1 2026 Due to Regulatory Pressures

In the first quarter of 2026, Slovenia's Petrol Group faced considerable financial challenges, reporting a substantial drop in net profits despite stable revenue levels...

Serbia’s Urgent Negotiations with MOL Ahead of OFAC Deadline for NIS Stake Sale

As the deadline imposed by the U.S. Office of Foreign Assets Control (OFAC) approaches, Serbia is engaged in critical negotiations regarding the ownership structure...

Hungary authorizes release of strategic fuel reserves to stabilize market

In response to increasing uncertainties in international energy markets, Hungary has decided to release substantial quantities of fuel from its strategic emergency reserves. This...

Oil and Gas Prices Decline Amid US–Iran Negotiation Hopes

In the first week of May, energy markets experienced notable fluctuations, particularly in oil and gas prices, driven by geopolitical dynamics and market sentiment....

Romania’s Declining Oil Production and Imports Signal Ongoing Structural Challenges

Recent statistics from the Romanian National Institute for Statistics reveal a significant downturn in both crude oil imports and domestic production during the early...

Serbia Advances NIS Ownership Discussions as MOL–Gazprom Neft Deal Deadline Approaches

Negotiations concerning the ownership structure of the Serbian oil company NIS are progressing towards a critical juncture, with Serbian officials indicating constructive dialogue with...
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