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Serbia extends export curbs on crude oil and petroleum products until 31 July

The Serbian Government has extended temporary restrictions on the export of crude oil and petroleum products, prolonging the measure until 31 July. The decision...

US WTI Crude Oil Shipment Marks Shift in Mediterranean Supply Dynamics

In a significant development for the Mediterranean energy landscape, a shipment of WTI Midland crude oil has reached Greece, marking the first such delivery...

Region: Slovnaft blames Croatian operator JANAF for crude oil delivery failure, warns of regional supply risks

A planned shipment of 58,000 tons of Arab Light crude oil, scheduled to arrive on 6 November under an existing contract between Croatian pipeline...

Croatia explores transporting Iraqi crude via JANAF pipeline during upcoming Iraq visit

During the upcoming official visit of the Croatian Foreign Minister to Iraq on 25–26 October, discussions will include the potential transport of Iraqi crude...

Hungary: MOL CEO criticizes EU energy policy, warns against overreliance on LNG plans

MOL Group CEO Zsolt Hernadi has questioned the course of European Union energy policy, arguing that the company’s strong performance is rooted in its...

Region: Russian oil deliveries to Hungary and Slovakia halted after Druzhba pipeline strike

Crude oil deliveries from Russia to Hungary and Slovakia through the Druzhba pipeline were suspended on Monday after damage occurred at a transformer facility,...

Latest news

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...