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Petrobrazi Refinery Enhances Wastewater Management with €20 Million Investment

OMV Petrom has announced the completion of a significant modernization initiative at its Petrobrazi refinery, involving an investment of €20 million aimed at upgrading...

Hungary: MOL Secures Emergency Oil Reserves Amid Pipeline Disruptions

In response to the recent halt of Russian oil deliveries through the Druzhba pipeline, Hungarian energy company MOL has initiated procedures to access the...

Croatia’s Role in Addressing Central Europe’s Oil Supply Challenges

The recent interruption of Russian crude oil deliveries via the Druzhba pipeline has prompted significant diplomatic discussions among Hungary, Slovakia, and Croatia. In this...

NIS Seeks Extension of US Permit Amid Ownership Negotiations

NIS, a key player in Serbia's energy sector, has formally requested an extension from the US Treasury Department for a special permit that enables...

Romania Implements State Oversight on Lukoil Subsidiaries Amid Sanctions

In a significant regulatory move, Romania's Energy Ministry is initiating measures to place local subsidiaries of Lukoil under a reinforced state monitoring framework. This...

UK Extends Sanctions License for Lukoil’s Bulgarian Operations

The UK government has opted to extend a special sanctions license allowing certain Bulgarian subsidiaries of Russia's Lukoil group to continue their operations. This...
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