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MOL biomethane facility at Szarvas replaces over 7 million cubic metres of gas annually

Commissioning and output replacing fossil gas MOL Group has commissioned a biomethane production facility at Szarvas after an investment exceeding €7 million. The project expands...

MOL negotiations for controlling stake in Serbia’s NIS continue under OFAC authorisation

MOL said talks to acquire a controlling stake in Serbia’s NIS are still active, rejecting reports that discussions with the company’s Russian shareholders have...

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...

MOL hybrid energy hub at Algyő: €59.4m solar and 20 MW/40 MWh storage

Hungary’s MOL has commissioned a €59.4 million solar-and-storage complex at its Algyő oil and gas site. The project is designed to convert part of...

MOL nears talks to buy Russian-controlled stake in Serbia’s NIS

Hungarian energy group MOL is moving closer to a transaction in the Western Balkans, with talks to acquire the Russian-controlled majority interest in Serbian...

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...

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...