Jadran-Naftagas, a subsidiary of the Serbian NIS, has applied for an environmental permit to exploit oil and gas in Obudovac, located in the municipality of Samac…
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Serbian oil company NIS has embarked on a modernization initiative across all business segments, recently acquiring two new robotic drilling rigs valued at approximately €33 million.…
In the third week of September, Brent oil futures saw a steady increase in settlement prices across most trading sessions, remaining above $72 per barrel. The…
Vladislav Veselica, a member of the Management Board of state-owned oil transportation company JANAF, confirmed that the company has a take-or-pay contract with MOL for oil…
This year marks the 50th anniversary of the discovery of the Molva gas field, Croatia’s most significant energy resource. INA, the national oil company, notes that…
Serbia’s oil and gas company Naftna Industrija Srbije (NIS), a subsidiary of Gazprom, has signed a memorandum of scientific and technological cooperation with China’s Sinopec Petroleum…
Serbian Minister of Economy Adrijana Mesarovic and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto announced that a feasibility study for a new oil pipeline…
In the second week of September, Brent oil futures for the Front Month on the ICE market experienced notable fluctuations. After a slight rise on Monday,…
JT Grup Oil, a company involved in petroleum product distribution and port operations, has announced several significant updates. The company, currently working on a €25 million…
Montenegrin Minister of Mining Admir Sahmanovic has announced plans to launch a tender for the reconstruction of oil storage facilities in the coastal city of Bar.…