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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

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...

Krško nuclear plant generates 487,438 MWh in September 2026, misses target

The Krško nuclear power plant, jointly owned by Slovenia and Croatia, produced 487,438 MWh of net electricity in September 2026. Output was 1.53% below...

Kovačica wind complex expansion to 200 MW after €140m Pupin project

Serbia’s Kovačica wind complex is set to reach 200 MW of installed capacity after adding the Pupin wind farm. The 95.5 MW Pupin development...

Romania Competition Council clears NIS Petrol acquisition by Argenta

Romania’s Competition Council has approved the acquisition of NIS Petrol by Romanian company Argenta, removing a regulatory obstacle to NIS’s planned withdrawal from the...

Transelectrica completes €51 million STATCOM voltage control upgrade ahead of schedule

Romanian electricity transmission operator Transelectrica has completed a €51 million investment in voltage control infrastructure. The project is designed to strengthen the national grid’s...