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Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident

Fuel production has resumed at MOL’s Százhalombatta refinery, operating at reduced capacity as the company gradually brings back online units unaffected by the recent...

Bosnia and Herzegovina: Bosanski Brod oil refinery reports €15.3 million net loss in first half of 2025

The financial report for the first half of 2025 shows that the Bosanski Brod oil refinery incurred a net loss of €15.3 million, increasing...

Bosnia and Herzegovina: Modrica oil refinery faces losses, accumulated deficit exceeds 58 million euros

Modrica oil refinery concluded 2024 with a loss of approximately 1.3 million euros, adding to its ongoing financial struggles. As a result, the refinery's...

Croatia: JANAF could meet the demand of MOL’s refineries in Hungary and Slovakia

Hungarian MOL, a long-term lessee of JANAF's capacity for transporting crude oil, currently has the ability to receive 2.2 million tons of oil annually...

Serbia: Pančevo oil refinery enhanced competitiveness and ecological standards

Professor Dragan Govedarica, from the Faculty of Technology in Novi Sad, highlighted the recently completed overhaul of the Pančevo oil refinery as a significant step forward...

Serbia: Pančevo oil refinery enhanced competitiveness and ecological standards

Professor Dragan Govedarica, from the Faculty of Technology in Novi Sad, highlighted the recently completed overhaul of the Pančevo oil refinery as a significant step forward...

Latest news

Serbia power prices rise as regional markets retreat from Tuesday’s spike

Serbia’s day-ahead electricity price rose by €18.2/MWh to €195.99/MWh for Wednesday delivery, moving in the opposite direction to sharp declines across most neighbouring markets...

EMS begins Bajina Bašta 220 kV to 400 kV upgrade for Trans-Balkan Corridor

Serbian transmission system operator EMS has started upgrading the Bajina Bašta substation from 220 kV to 400 kV, supporting the western segment of the...

Fortis and Inelso to build 30 MW solar with battery storage in Vojvodina

Fortis Energy and Inelso Energy Systems plan to invest about €25.5 million in a 30 MW solar project with battery storage in Serbia’s Vojvodina...

Romania’s Rețele Electrice România to upgrade Cetate substation in Timișoara

Rețele Electrice România plans to invest about €23.5 million, including VAT, in the Cetate substation in Timișoara. The upgrade will replace ageing equipment and...

Romania increases gas injection rates ahead of winter

Romania has stepped up gas storage injections to more than 13 million cubic metres per day ahead of winter. The increase follows stronger cross-border...