Europe: Brent oil and TTF gas prices decline in early October, while CO2 allowance prices rise
In the first week of October, Brent oil futures for the Front-Month in the ICE market showed a consistent downward […]
oil
Montenegro launches third tender for long-delayed overhaul of Bar oil storage facility
The Montenegrin Ministry of Oil and Gas has launched a third tender to select a contractor for the long-delayed overhaul
Montenegro to launch €11 million tender for strategic diesel reserves by end of 2025
The Montenegrin Hydrocarbons Administration plans to launch an international tender worth 11 million euros by the end of 2025 to
Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations
Tensions between Hungary and Croatia appear to be easing after a period of sharp accusations, during which Croatian authorities were
Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions
As US sanctions targeting Serbian Russian-owned oil company NIS approach their 8 October enforcement date, Russian negotiators have put forward
Croatia: US sanctions targeting NIS prompt JANAF to secure licenses for continued crude oil transport
Earlier this year, the U.S. Department of the Treasury introduced sanctions targeting Russia’s energy sector, which are now being applied
Serbia seeks solution to US sanctions on national oil company NIS
Finance Minister Sinisa Mali stated that discussions are ongoing with both Russian and US representatives to find a solution that
Europe: Brent oil, TTF gas and CO₂ futures show mixed trends in late September
In the fourth week of September, Brent oil futures for the Front-Month on the ICE market saw their weekly minimum
Serbia: NIS requests U.S. license to delay sanctions and removal from SDN list
Serbian oil company NIS has confirmed that it submitted a new request to the U.S. Treasury Department for a special
Region: EU monitors JANAF pipeline amid Croatia-Hungary dispute over oil supplies
The European Commission (EC) is closely monitoring the ongoing capacity tests on the Croatian JANAF oil pipeline but has refrained
Bulgaria: Electricity, gas and fuel consumption rise in July 2025 amid mixed production trends
According to the Bulgarian National Statistical Institute, electricity production in July 2025 rose by 8.1% compared to June, reaching 3,270
Serbia: US delays sanctions on NIS until early October
The enforcement of US sanctions on Serbian oil company NIS has been postponed until 8-9 October. The measures were originally