Browsing: Oil

Croatian pipeline operator JANAF and Hungary’s MOL Group have formalised a take-or-pay agreement covering the transportation of 2.05 million tonnes of crude oil during 2026, giving Central European refineries a contracted…

Serbia expects domestic fuel supplies to remain stable through August despite exceptionally low Danube water levels disrupting product imports and increasing transport costs. Mining and Energy…

Serbia has extended its temporary reduction in fuel excise duties and prolonged restrictions on exports of crude oil and petroleum products as the government seeks to…

The US Office of Foreign Assets Control has extended the operating licence for Serbia’s NIS until 28 August 2026, allowing the company to continue purchasing crude oil,…

The headline oil market remains focused on Brent, but the more immediate economic pressure is developing in refined products. Diesel and jet fuel are tightening as…

NIS Group returned to profitability in the first half of 2026 as stronger crude prices, favourable inventory effects and cost controls offset difficult market conditions and…

Naftna Industrija Srbije has signed an agreement to sell its entire holding in NIS Petrol Romania, continuing the restructuring of a regional business constrained by US…

Croatian pipeline operator JANAF reported a modest increase in first-half profit as resilient demand for crude-oil transport and storage offset continuing uncertainty across European energy markets.…

Slovenia has temporarily removed two charges from motor fuels in an effort to contain the effect of higher international oil prices on households and businesses. The…

Serbian oil company NIS has asked the US Office of Foreign Assets Control for a new special licence that would allow it to continue operating after its current…