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From Pančevo to Petrobrazi, SEE refining splits between security and decarbonisation

Southeast Europe’s August oil market revealed two different investment priorities for regional refining. In Serbia, the immediate challenge was conventional fuel security amid sanctions and...

Diesel and jet fuel tightness spreads as US runs near physical limits

Global attention in oil markets remains centred on Brent, while the most immediate economic pressure is building in refined products. Diesel and jet fuel...

Serbia’s NIS question becomes a regional oil security test for MOL, Gazprom Neft and OFAC

Serbia’s oil market is entering a decisive phase as the future ownership of Naftna Industrija Srbije, or NIS, moves from corporate negotiation into strategic energy security....

South-East Europe Oil Market Faces Structural Shifts Amid Geopolitical Tensions

The oil market in South-East Europe is currently undergoing significant transformations, driven by geopolitical tensions and regional supply chain constraints. As of March 2026,...

Oil traders, pricing mechanisms and the future of Serbia’s downstream sector: A strategic spin-off analysis

Oil markets in Southeast Europe have always functioned at the intersection of global price signals and highly localised political risks. Serbia’s downstream system is...

Navigating Serbia’s Oil Trading Landscape: Key Players, Dynamics, and Market Trends

Serbia's oil trading market is a dynamic and crucial component of the nation's energy landscape. This article explores the key traders and importers shaping...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...