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MOL completes €49.6 million AV-3 rebuild for staged October restart

MOL has completed a €49.6 million reconstruction of the AV-3 crude distillation unit at its Danube refinery. The work is intended to prepare the...

Hungary: MOL expects Danube refinery restoration to extend into Q3 2026 after October fire

Restoration work at MOL’s flagship Danube refinery is now expected to continue into the third quarter of 2026, after which the facility is planned...

Hungary: MOL CEO says Danube refinery fire caused by technical failure, not sabotage

MOL Group CEO Zsolt Hernadi has dismissed claims that the recent fire at the company’s Danube refinery in Százhalombatta was the result of sabotage...

Hungary: MOL launches 3D survey to explore geothermal energy at Danube refinery

MOL has begun an advanced 3D seismic survey at its Danube refinery and surrounding areas to assess the potential for geothermal energy resources. The...

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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...