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Serbia and MOL Group Approach Finalization of NIS Ownership Negotiations

As Serbia navigates complex negotiations with Hungary’s MOL Group regarding the future ownership of its oil company, NIS, both parties are reportedly nearing a...

Hungary Faces Fuel Reserve Decline Amidst Regulatory Challenges

Hungary is currently grappling with a significant decline in its fuel reserves, raising serious questions about the viability of its existing pricing policies. The...

Bulgaria Secures Sanctions Waiver to Maintain Lukoil Operations

Bulgaria has obtained a crucial temporary waiver from sanctions, allowing the country to engage with specific entities linked to the Russian energy company Lukoil....

Energy commodity markets experience significant fluctuations in April

In the second week of April, the energy commodity markets exhibited pronounced volatility, particularly in oil and gas sectors. Brent oil futures on the...

Serbia: NIS Requests License Renewal Amid US Regulatory Discussions

As the deadline for its operating license approaches, Serbian oil company NIS has formally sought a renewal from the US Department of the Treasury....

MOL Group Acquires US Crude Shipment to Enhance Supply Diversification

MOL Group is advancing its strategy to diversify crude oil sourcing by securing a shipment of approximately 510,000 barrels from the United States, valued...
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