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JANAF and MOL set 2026 take-or-pay for 2.05 million tonnes crude oil

Croatian pipeline operator JANAF and Hungary’s MOL Group have formalised a take-or-pay arrangement for the transportation of 2.05 million tonnes of crude oil in...

JANAF first-half profit rises on crude transport and storage demand resilience

JANAF, the Croatian pipeline operator, reported a modest increase in first-half profit as demand for crude-oil transport and storage remained resilient amid uncertainty across...

Croatian Oil Transporter JANAF Reports Decline in Q1 2026 Profit Amid Strategic Expansion

In the first quarter of 2026, Croatian oil transportation company JANAF recorded a net profit of 13 million euros, reflecting a 13% year-on-year decrease....

Croatia’s JANAF Defends Pricing Practices Amid MOL and Slovnaft Allegations

The Croatian oil pipeline operator JANAF has responded robustly to allegations made by Hungary’s MOL Group and Slovakia’s Slovnaft, following a complaint lodged with...

Hungarian MOL and Slovnaft Challenge JANAF’s Transit Fees to EU

The Hungarian energy company MOL, along with its Slovak subsidiary Slovnaft, has filed a formal complaint with the European Commission’s Directorate-General for Competition. The...

Croatian Pipeline Operator Defends Costs Amid MOL Accusations

The ongoing debate between Croatian oil pipeline operator JANAF and Hungary’s MOL has escalated as both companies present contrasting views on transit charges and...

Latest news

Electricity and carbon costs reshape SEE industrial export economics

Analysis developed by Virtu.Energy Banks financing manufacturers across Southeast Europe increasingly need to assess whether borrowers can preserve their EU export margins after electricity costs, embedded...

ETS and CBAM reshape SEE electricity trade as carbon costs squeeze export margins

Analysis developed by Virtu.Energy Electricity producers, traders and banks across Southeast Europe are facing a growing gap between prices available on neighbouring EU electricity exchanges and...

Croatia amends Electricity Market Act to expand aggregation, grid studies, and connection rights

Croatia’s amended Electricity Market Act entered into force on October 15, 2026, introducing changes that go beyond conventional electricity-market reform. The legislation reshapes the...

Boron One Piskanja boron project valuation rises to €569m in updated assessment

Canadian mining company Boron One Holdings has raised the projected economic value of its Piskanja boron project in southern Serbia to approximately €569 million....

SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...