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EITI Standard supports transparency and accountability in a extractive sector

Changes in the global energy landscape present both opportunities and challenges for countries reliant on the extractive sector. For countries producing oil, gas and...

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Serbia power prices fall as regional market gaps widen

Serbian day-ahead electricity prices fell for delivery on 2 October, moving against increases recorded in most neighbouring markets. The decline widened Serbia’s price discount...

Serbia: SEEPEX hits record September trading volume as electricity prices increase

Serbia’s SEEPEX day-ahead electricity market recorded its highest-ever monthly trading volume in September, while average electricity prices increased compared with August. Trading turnover reached 579,406.3...

MOL-NIS majority stake talks in Serbia unresolved as October deadline nears

A potential MOL acquisition of a majority stake in Serbia’s NIS remains unresolved as an October deadline approaches, even after a new US authorisation...

NIS US licence extension to 30 October supports Pančevo refinery output

Serbia’s NIS has received a further US licence extension that allows operations to continue through 30 October. The extension provides additional operating certainty for...

Romania extends 25% diesel excise reduction through 15 October

Romania has extended its 25% excise-duty reduction on standard diesel through 15 October. The measure is set to continue into October after being previously...