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Serbia, Oil company NIS between sanctions, geopolitics and the envy of regional competition

The goal of banning the transportation of oil of Russian origin through the Adriatic pipeline is to reduce the profitability of the Serbian oil...

Serbia, NIS is not subject to sanctions

This oil company was on the verge of survival when it was taken over by "Gazpromneft", all because of the "problem" that arises when...

Bulgaria, Country’s exemption from Russian oil sanctions does not include resale

The European Commission said that Bulgaria has been exempted from the European Union's sanctions against Russian oil imports by sea because of the country's...

Serbia, No derogation from Russian oil sanctions for Western Balkans due to Serbia

The Western Balkans has not been exempted from the latest package of EU energy sanctions against Russia, due to Serbia’s close ties to Moscow. The...

Latest news

Europe: Brent prices recover on Middle East developments as gas and CO2 markets stay steady

Front-month Brent crude oil futures on the ICE market recorded a weekly low settlement price of $99.25/bbl on Tuesday, September 22, following five consecutive...

Europe: Power prices climb across major markets amid lower wind generation

Weekly average electricity prices increased across most major European electricity markets during the fourth week of September, with Italy the only market to record...

Europe: Electricity demand declines across major markets amid cooler temperatures

Electricity demand declined across most major European power markets during the week of September 21 compared with the previous week. Italy recorded the largest...

Europe: Solar output rises as wind generation falls across major power markets

Solar photovoltaic generation increased across most of Europe’s major electricity markets during the week of September 21 compared with the previous week. Germany recorded...

Serbia’s day-ahead power prices surge as Southeast European markets diverge

Day-ahead electricity prices in Serbia rose by €47.20/MWh to €150.18/MWh for October 1, as Hungary, Romania and northern Balkan markets recorded significant increases, while...