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Hungary’s Oil Reserves Reach Decade Low Amid Supply Chain Challenges

Hungary is currently facing significant challenges in its oil supply chain, as emergency stockpiles have reached their lowest levels in nearly ten years. By...

Montenegro launches €11 million tender to build mandatory oil reserves

The Montenegrin Hydrocarbons Administration has issued a tender worth 11 million euros for the purchase of 16,500 metric tons (approximately 19.6 million liters) of...

Montenegro to launch €11 million tender for strategic diesel reserves by end of 2025

The Montenegrin Hydrocarbons Administration plans to launch an international tender worth 11 million euros by the end of 2025 to purchase diesel fuel for...

Montenegro considers storing part of mandatory oil reserves abroad amid delays at Bar Terminal

Montenegro is considering storing a portion of its mandatory oil reserves abroad if an agreement cannot be reached to use Jugopetrol’s tanks at the...

Montenegro plans to establish mandatory oil reserves by 2029 with EU compliance

The Montenegrin Ministry of Mining, Oil and Gas has announced that the State Hydrocarbons Administration plans to begin the supply of mandatory oil stock...

Montenegro passes Law to establish emergency oil reserves, advancing EU accession efforts

Montenegro's Parliament has approved a new law to regulate the accumulation of emergency oil stockpiles, aligning the country with European Union standards. This legislation...

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Banatski Dvor expansion delays deepen Serbia’s reliance on Hungarian storage

Serbia’s Banatski Dvor underground gas storage expansion is experiencing further slippage, according to project timelines that have moved past the previously targeted end of...

Montenegro extends Sinjajevina wind project timeline to 2030

Montenegro has extended the development timetable for the 112 MW Sinjajevina I wind farm, moving the expected commercial operation target toward 2030. The revised...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the...

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion...

Federation of Bosnia electricity generation up 15.8% in August as trade falls

Electricity production in the Federation of Bosnia and Herzegovina increased in August compared with August 2025, while both imports and exports declined from year-earlier...