Hungary boosts domestic oil production to record levels in bid for greater energy security
Hungary continues to rely heavily on imported oil, but the country is stepping up efforts to strengthen domestic production as […]
oil
Europe: Brent oil and gas prices stable in late October as OPEC+ confirms production increase
Brent crude oil futures for the Front Month on the ICE exchange reached their weekly high of $65.62 per barrel
Region: Washington rejects request for exemption from U.S. sanctions on Russian oil industry
U.S. President Donald Trump has revealed that Hungarian Prime Minister Viktor Orbán personally requested an exemption from the newly imposed
Bulgaria weighs options for Lukoil Burgas refinery amid U.S. sanctions and energy security concerns
Bulgaria is maintaining active coordination with both the European Union and the United States regarding the uncertain future of the
Serbia ensures continuous fuel supply as Pančevo refinery extends operations until November 25
The Serbian Ministry of Mining and Energy has announced that the NIS oil refinery in Pančevo will continue its production
Bulgaria imposes temporary ban on fuel exports to EU amid sanctions on Russian oil companies
The Bulgarian Parliament has approved a government-backed proposal to restrict the export of petroleum products to other European Union member
Croatia: JANAF reports lower profit and revenue amid sanctions impact and market realignment
Croatian oil pipeline operator JANAF recorded a net profit of 33.3 million euros in the first nine months of 2025,
U.S. presses Serbia to resolve NIS sanctions issue through sale or nationalization of Russian stake
According to diplomatic sources quoted by Serbian media, the United States sees only two possible solutions to the issue surrounding
Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident
Fuel production has resumed at MOL’s Százhalombatta refinery, operating at reduced capacity as the company gradually brings back online units
Region: Slovnaft accuses Croatia’s JANAF of blocking non-Russian oil deliveries amid supply diversification efforts
Slovakia’s Slovnaft refinery, part of Hungary’s MOL Group, has accused Croatian state-owned pipeline operator JANAF of restricting deliveries of non-Russian
Romania: Rompetrol Rafinare advances Petromidia refinery upgrades, expanding storage capacity by 20%
Rompetrol Rafinare has completed another stage in the modernization and rehabilitation of the tank farm at its Petromidia refinery. This
Bulgaria confirms fuel supply security amid US sanctions on Lukoil, ensures refinery stability and job protection
Energy Minister Zhecho Stankov has confirmed that Bulgaria’s fuel supply remains fully secure despite the recent US sanctions imposed on