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Croatia to Release 35,000 Tons of Diesel from Strategic Reserves

Croatia's government has announced the release of 35,000 tons of diesel from its mandatory petroleum reserves, describing this action as part of a routine...

EU Calls for Enhanced Contingency Planning Amid Middle East Oil Supply Concerns

The European Commission has issued a call for EU member states to bolster their contingency planning regarding oil and petroleum product supply, citing ongoing...

Romania implements diesel tax cuts and oil profit fund amid market crisis

In response to escalating fuel prices and economic pressures, Romania is set to introduce a series of interventions targeting its fuel market. Central to...

US Extends Deadline for Lukoil Asset Negotiations Amid Rising International Interest

The United States has announced another extension in the deadline for companies interested in acquiring the international assets of Russian oil giant Lukoil. This...

Oil, Gas, and Carbon Markets Experience Volatility Amid Geopolitical Tensions

In late March 2023, energy markets in Europe witnessed significant fluctuations driven by geopolitical developments. Brent oil futures on the ICE market opened the...

Rompetrol Rafinare Completes Maintenance at Petromidia and Vega Refineries

Rompetrol Rafinare has successfully concluded the mechanical phase of its extensive maintenance program at the Petromidia Năvodari and Vega Ploiești refineries. This significant achievement...
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