Rompetrol Rafinare has completed another stage in the modernization and rehabilitation of the tank farm at its Petromidia refinery. This phase included the full overhaul of four tanks used for storing petroleum products, while work on two additional strategic tanks is still in progress. The large-scale modernization program aims to align the refinery’s storage infrastructure […]
Local company Agenos Energy has announced plans to construct a 100 MW solar power plant in Vracenovici. The project details were included in the company’s submission to the Environmental Protection Agency, requesting a decision on whether a full environmental impact assessment (EIA) study will be required. According to the documentation, the facility will be located
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Croatian electricity transmission system operator HOPS has invited all interested electricity market participants to take part in an auction for the purchase of electricity to cover transmission system losses, which will be conducted via the CROPEX trading platform. Two separate auctions will be organized: Both auctions will take place on 4 November, between 11:00 and
Energy Minister Zhecho Stankov has confirmed that Bulgaria’s fuel supply remains fully secure despite the recent US sanctions imposed on Lukoil and its subsidiaries. He noted that the country’s key oil infrastructure—comprising the refinery, pipelines, and the Rosenets port—has been designated as strategic national and energy security assets under a government decree dating back to
State-owned company Operator-Terminali Federacije has signed a contract worth 4.5 million euros with Hifa Oil for the delivery of 4 million liters of oil and petroleum products. The purchased fuel will constitute an important part of the strategic reserves of the Federation of Bosnia and Herzegovina (FBiH). The agreement enhances the Federation’s energy security and
According to data from the Statistical Office of the Republic of Slovenia, the country’s net electricity generation in September 2025 fell by 28% compared to the same month in 2024. Total net electricity production reached 932 GWh, representing a 10% decrease from August. Electricity generation from thermal power plants dropped sharply by 73% year-on-year, while
US sanctions imposed on Serbia’s oil company NIS, due to its Russian ownership, have blocked a crude oil shipment that was expected to provide temporary relief for the country’s only refinery in Pančevo. Without new supplies, the facility may be forced to halt operations within days. President Aleksandar Vučić previously warned that the refinery—which produces
Serbian President Aleksandar Vučić announced that he expects to receive concrete information by the end of this week or early next week regarding the situation of the oil company NIS, which has come under US sanctions due to its Russian ownership structure. Vučić said that Serbia is currently holding talks with Russian, American, and European
Russian oil company Lukoil is expected to sell its Romanian refinery, Petrotel, before the November deadline set under the latest US sanctions targeting Russian energy firms. Romania’s State Secretary for Energy, Cristian Busoi, confirmed that the government anticipates Lukoil’s complete withdrawal from the local market. The Petrotel refinery, located in Ploiești, has a processing capacity
Montenegro has extended the deadline for its ongoing tender to lease fuel storage capacity for strategic petroleum reserves, moving the closing date from 27 October to 4 November. All other terms and conditions of the tender remain unchanged. According to the tender specifications, the Government is seeking to lease facilities with a capacity to store
