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Romania: OMV Petrom restarts fuel production at Petrobrazi refinery after planned maintenance

Romania’s top oil and gas company, OMV Petrom, has resumed fuel production at its Petrobrazi refinery near Ploiesti after a scheduled 20-day shutdown. The...

Bulgaria: Lukoil to sell refinery to Qatari-British consortium amid EU sanctions

Russian oil giant Lukoil has announced plans to sell its majority stake in the Lukoil Neftochim Burgas refinery in Bulgaria by the end of...

Romania: OMV Petrom to invest 2 billion euros in Petrobrazi refinery by 2030

OMV Petrom announcer an extensive modernization programme at Petrobrazi refinery in Romania. The estimated investments to produce biofuels, green hydrogen, and other products with low...

Romania: OMV Petrom to invest 750 million euros in biofuel and green hydrogen facilities

OMV Petrom will invest around 750 million euros at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the...

Serbia: Overhaul of Pancevo oil refinery nearly completed

The overhaul of the NIS Pancevo oil refinery, owned by the oil and gas company NIS, is in its final phase, according to the...

Romania: Rompetrol seeks a partner for a green hydrogen project

Rompetrol Rafinare is seeking a partner to build and operate a green hydrogen plant to decarbonise its Petromidia Refinery. The plant should be located near...

Latest news

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...