Europe: Brent oil and TTF gas prices rise amid geopolitical tensions, CO₂ allowances dip slightly
During the second week of July, Brent oil futures for the Front Month on the ICE market generally followed an […]
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Croatia: Government ends biweekly fuel price cap, emphasizes market stability
After a long period of regulation, the Croatian Government has decided to allow its biweekly fuel price cap to expire.
Bulgaria: Rompetrol expands network with new fuel station near Sofia airport
Rompetrol Bulgaria, a subsidiary of KMG International Group, has opened a new, modern fuel station on Vladimir Vazov Boulevard, located
Brent oil, TTF gas and EU carbon prices show mixed movements in early July amid market pressures
In the first week of July, Brent oil futures for the Front Month on the ICE market started with price
Croatia: JANAF to double Omisalj terminal storage capacity with €30 million expansion
Croatia’s state-owned oil transportation company JANAF has secured a construction permit to build additional fuel storage tanks at its Omisalj
Romania: Government to introduce fiscal measures including VAT and fuel tax increases to reduce budget deficit
In the coming weeks, the Romanian Government plans to finalize a series of fiscal tightening measures aimed at reducing the
Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline
Serbian state-owned company Transnafta and Hungarian energy group MOL have agreed on the technical specifications for a new crude oil
Romania: FIEKR nears completion of $160 million cogeneration plant at Petromidia refinery
The Kazakh-Romanian Energy Investment Fund (FIEKR), through its subsidiary Rompetrol Energy, is nearing completion of its largest initiative to date—a
Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions
During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price
Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve
For the fourth time since April, the US Department of the Treasury has extended Serbian oil company NIS’s waiver from
Albania among world’s most expensive countries for fuel despite record imports
Albania is currently ranked as the seventh most expensive country in the world for oil prices. With fuel prices exceeding
Slovenia: MOL reconsiders operations amid new fuel price regulations
Hungarian energy company MOL has raised concerns over Slovenia’s recent changes to fuel pricing regulations, warning that the new policy