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Serbia to increase mandatory oil reserve

Serbia is working on increasing mandatory reserves of oil and oil products and diversifying the sources of crude oil supply to ensure a stable...

Serbia: Preparations for the construction of oil pipeline between Serbia and Hungary

Minister of Mining and Energy Dubravka Djedovic and the head of the Provincial Government, Igor Mirovic, held the meeting about the infrastructure projects aimed...

Serbia, Results of the NIS Grouup in the first half of 2023 – NIS invested almost 12 billion dinars

Preservation of stability on the oil derivatives market and continued investment in capital projects were the priorities of the NIS Group in the first half...

Croatia: INA recorded 73 million euros profit in H1

Oil company INA recorded a net profit of 73.1 million euros in the first half of 2023. That is 65% lower compared to a...

Serbia: NIS recorded 117 million euros profit in H1

In the first half of 2023, NIS Group recorded net profit of 116.8 million euros, which is 69% less compared to the result for the...

JANAF to store Croatia’s mandatory oil products reserve

The Croatian Hydrocarbons Agency (HZU) and oil transportation company JANAF have signed annexes to the contracts for the storage of part of the country’s...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...