HomeTagsOil reserves

oil reserves

Supported byClarion Owners Engineers
Supported byClarion Owners Engineers
Supported byspot_img

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...

Latest news

SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...