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Region: Janaf faces challenges as U.S. sanctions and NIS ties impact oil transportation business

Janaf, the Croatian oil transportation and storage company, has been caught in the crossfire of escalating U.S. sanctions targeting Russian interests in the energy...

Serbia and Russia collaborate on oil pipeline project to diversify energy supply and enhance security

Recently, Russia and Serbia signed a Memorandum in St. Petersburg regarding the construction of joint oil transport infrastructure in Serbia, specifically an oil pipeline...

Croatia: Janaf and Swiss Petraco inks oil storage deal

oil pipeline operator Janaf signed an oil storage contract with Switzerland's Petraco Oil Company, Croatian company said in a press releaseThe deal concerns a storage...

Croatia: Janaf and INA signed oil transportation deal 

Croatian oil pipeline operator Janaf has signed a contract for oil transportation with local oil and gas group INA. The deal envisages the transportation of 2 million tonnes...

Croatia: JANAF recorded 15 million euros in profits in Q1

State-owned oil transportation company JANAF achieved total revenues of 35.8 million euros in the first three months of 2023. That is almost 40% higher...

Croatia, JANAF has signed contracts for crude oil storage and transportation with the INA

Croatian state-owned oil transportation company JANAF announced that it has signed contracts for crude oil storage and transportation with the national oil company INA. The...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...