Europe: TTF gas prices...

In late October 2025, TTF gas futures remained relatively stable, trading in the...

Region: SEE power prices...

During Week 44 of 2025, electricity prices in Southeast Europe (SEE) declined slightly...

Romania: Econergy secures €25...

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project...

Montenegro: EPCG completes modernization...

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit...
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Region: Hungary’s MOL to boost oil supplies to Serbia amid U.S. sanctions

Hungarian Foreign Minister Peter Szijjarto announced that MOL will increase crude oil and fuel supplies to Serbia following U.S. sanctions on the Serbian oil sector. He emphasized that MOL’s key role in Serbia’s supply chain ensures additional deliveries, though he cautioned that these measures cannot fully offset the shortfall caused by disruptions via Croatia, highlighting the risks of relying on a single pipeline.

Serbian President Aleksandar Vucic confirmed that NIS’ Pancevo refinery has sufficient crude to operate through the end of the month, and fuel supply is expected to remain stable at least until year-end.

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