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Rompetrol to Launch 13 New Fuel Stations in Romania by 2026

Rompetrol is advancing its strategic growth in Romania's fuel retail sector with plans to open 13 new multi-service fuel stations by 2026. This initiative...

Serbia’s NIS Set for Operational Shift as MOL Takes Control, ADNOC Joins Governance

Recent negotiations have outlined a significant shift in the management structure of Serbia's oil company, NIS. Hungary's MOL is positioned to take operational control...

Croatia’s INA Initiates Live Testing of Rijeka Refinery Upgrade

The Croatian oil company INA has commenced live-process testing at its Rijeka oil refinery, marking a pivotal moment in its largest industrial investment to...

NIS Group Reports €47.7 Million Loss Amid Operational Challenges in 2025

In 2025, the NIS Group faced significant operational hurdles yet managed to ensure a stable domestic petroleum supply while maintaining employee social stability. The...

Serbia Initiates Fuel Storage Operations in Smederevo to Enhance Energy Security

Serbia has commenced fuel storage operations at newly built facilities in Smederevo, a strategic move aimed at bolstering the nation’s energy reserves. The initial...

Lukoil Initiates Sale of International Assets Amid Intensifying Sanctions

In a significant shift for the Russian energy sector, Lukoil has announced a preliminary agreement with Carlyle, a US private equity firm, to divest...
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