Browsing: oil market

The oil market across South-East Europe has entered a new phase where price is no longer the dominant variable. Instead, the defining question has become far…

Oil markets in Southeast Europe have always functioned at the intersection of global price signals and highly localised political risks. Serbia’s downstream system is an excellent…

Serbia’s oil trading market is a dynamic and crucial component of the nation’s energy landscape. This article explores the key traders and importers shaping Serbia’s oil…

Foreign influence might be a critical external force that maintains the current status quo of the energy transition, is one of the key findings of the…

The hydrocarbon output of Romania’s largest oil and gas company OMV Petrom dropped to 121,300 barrels of oil equivalent per day in the first quarter of…

Serbian oil company NIS, majority owned by Russian GazpromNeft, said that it has signed a 1.15 million dollars worth contract for the purchase of Kirkuk crude…

Montenegrin Government has denied reports published by some media that a consortium of Italian Eni and Russian Novatek found significant, high-quality oil and natural gas deposits…

Spanish Repsol has completed its withdrawal from the Greek hydrocarbon market with the finalization of a transfer of its 60 % share in onshore Ioannina block…

The acquisition of a petrol station located in Pazardzhik municipality by fuel retailer Shell Bulgaria previously owned by local company ET Universalstroy was approved by Bulgarian…

Romanian state-owned natural gas producer Romgaz said that it has signed an exclusivity agreement related to the negotiations for the acquisition of the 50 % stake…