HomeTagsFuel

fuel

Supported byClarion Owners Engineers
Supported byClarion Owners Engineers
Supported byspot_img

Hungary authorizes release of strategic fuel reserves to stabilize market

In response to increasing uncertainties in international energy markets, Hungary has decided to release substantial quantities of fuel from its strategic emergency reserves. This...

Greece enacts fuel margin caps to address energy cost challenges

The Greek Government has initiated a series of emergency measures aimed at alleviating the burden of rising energy costs on consumers. This response comes...

Bulgaria: Energy production and consumption trends in January 2025

In January 2025, Bulgaria's energy sector saw notable changes in production and consumption across various energy resources. According to data from the National Statistical...

Romania: OMV Petrom to supply Cluj International Airport with sustainable aviation fuel in 2025

Romanian oil and gas company OMV Petrom will supply Cluj International Airport with sustainable aviation fuel (SAF) in 2025, supporting efforts to reduce carbon...

Romania: OMV Petrom to invest 2 billion euros in Petrobrazi refinery by 2030

OMV Petrom announcer an extensive modernization programme at Petrobrazi refinery in Romania. The estimated investments to produce biofuels, green hydrogen, and other products with low...

North Macedonia: Makpetrol expects higher net profit in 2024

Fuel retailer Makpetrol expects to generate a net profit of 873.1 million denars (14.2 million euros) in 2024, up 13% compared with a year...

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...