Browsing: Oil

Rising tensions in the Middle East are raising concerns about the resilience of Greece’s fuel supply chains, with industry participants warning that prolonged disruptions could gradually…

Facing increasing uncertainty in global energy markets, the Croatian government is preparing amendments to its tax framework that would enable temporary adjustments to value-added tax (VAT)…

Operations of Serbian oil company NIS will continue without interruption after the U.S. Office of Foreign Assets Control (OFAC) granted a new 60-day extension, allowing the…

Fuel price controls in Hungary are expected to remain in force even after the formation of a new Government, according to PM-elect Peter Magyar. He emphasized…

Fuel consumption in Hungary recorded a notable increase in the first quarter of 2026, with demand for both petrol and diesel rising significantly compared to the…

Uncertainty continues to surround the operational capacity of a key regional oil transport route, as Slovak refinery operator Slovnaft confirmed that talks with Croatia’s pipeline operator…

A major boost to fuel supply is expected in Romania as authorities prepare to restart Lukoil’s Petrotel refinery following approval from the US Government. The restart,…

Negotiations over a potential ownership shift in Serbia’s oil company NIS are entering a critical phase, with Serbia and Hungary’s MOL Group expected to finalize a…

A significant decline in fuel reserves has been recorded in Hungary, raising fresh concerns about the sustainability of current pricing policies. Data released by the Hungarian…

Bulgaria has received a temporary waiver from sanctions-related obligations, allowing it to continue dealings with certain entities connected to Russian company Lukoil. The extension, valid for…