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From Pančevo to Petrobrazi, SEE refining splits between security and decarbonisation

Southeast Europe’s August oil market revealed two different investment priorities for regional refining. In Serbia, the immediate challenge was conventional fuel security amid sanctions and...

NIS receives temporary US sanctions waiver through September 30 for Pančevo operations

The latest U.S. Treasury licence extends a sanctions authorisation for NIS through Sept. 30, replacing an authorisation due to expire on Aug. 28. The...

NIS requests new US sanctions waiver amid Pančevo refinery throughput and rail upgrades

Serbian oil company NIS has applied for another U.S. sanctions waiver to keep operations running without interruption while it continues investment at its Pančevo...

Serbia is increasing refinery output as low Danube water levels restrict fuel imports and raise transport costs, with expectations that domestic fuel supplies will...

August diesel demand and distribution pressure Diesel demand is forecast to reach approximately 200,000 tonnes in August, which would make it the strongest month of...

NIS licence extension to keep Pančevo refinery running until 28 August 2026

The US Office of Foreign Assets Control has extended the operating licence for Serbia’s NIS until 28 August 2026. The authorisation allows the company...

NIS requests new US special licence beyond 31 July amid ownership talks

NIS has asked the US Office of Foreign Assets Control for a new special licence to keep the company operating after its current authorisation...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...