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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...

Montenegro extends tender deadline for strategic fuel storage as it seeks to meet EU energy security standards

Montenegro has extended the deadline for its ongoing tender to lease fuel storage capacity for strategic petroleum reserves, moving the closing date from 27...

Serbia: MOL to expand Sremski Karlovci fuel storage terminal, strengthening energy infrastructure

Hungarian oil company MOL is set to expand its fuel storage terminal in Sremski Karlovci through a new round of investment. The expansion involves...

North Macedonia:Oilko KDA submitted a takeover bid for Makpetrol

Fuel storage and transport company Oilko KDA has launched a takeover offer for fuel retailer Makpetrol. Oilko KDA is offering 67,001 denars (1,087 euros) per...

North Macedonia: Oilko KDA gets green light for Makpetrol takeover

Macedonian Securities and Exchange Commission (SEC) has given the green light to fuel storage and transport company Oilko KDA to proceed with its planned...

North Macedonia: Oilko KDA plans takeover bid for Makpetrol

Macedonian fuel storage and transport company Oilko KDA said that it plans to launch a takeover bid for local fuel retailer Makpetrol. Oilko KDA plans...

Latest news

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...