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Slovenia to Release Strategic Petroleum Reserves Amid Increased Fuel Demand

In response to escalating fuel demand and regional market pressures, Slovenia has announced plans to gradually release a portion of its strategic petroleum reserves....

Slovenia: Fortenova Group sells 21 Maxen petrol stations as part of divestment strategy

Fortenova Group has continued divesting assets inherited from the former Agrokor. According to Slovenian media, the latest transaction involves 21 self-service Maxen petrol stations...

Romania: NIS Petrol plans to sell 19 Gazprom-branded stations to settle debts

NIS Petrol, the Romanian subsidiary of Serbian oil company NIS, has announced plans to sell its network of 19 Gazprom-branded petrol stations in Romania...

Serbia: Private petrol station owners request higher margin

The decision to restrict the amount of Euro diesel available to farmers, aimed at curbing the resale of subsidized fuel, has been welcomed by...

Bulgaria: Gazprom plans to sell its fuel network

Gazprom Neft is reportedly looking to sell its petrol stations in Bulgaria, evaluating its operations in the country between 60 and 80 million euros....

Slovenia: Petrol recorded 52.8 million euros profit in H1

Slovenian Petrol Group achieved a net profit of 52.8 million euros in the first six months of 2023, compared to a 1.3 million euro...

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...