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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

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...