oil
MOL, Gazprom Neft agree term sheet for takeover of Serbian NIS
19 January 2026 - MOL drew up a term sheet with Gazprom Neft regarding the proposed purchase of Serbian oil refiner and fuel stations operator NIS
Szijjártó: First major step toward deal for NIS in Serbia possible within days
15 January 2026 - Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó said a significant step toward a deal for NIS can be expected in the coming days.
Serbia developing legal framework for CO2 storage
08 January 2026 - Serbia's draft law on hydrocarbon exploration and exploitation will include permanent disposal of CO2 in geological formations of depleted deposits
Gazprom’s NIS can restart Serbian refinery as US suspends sanctions
01 January 2026 - Croatian oil pipeline operator JANAF said it is prepared to resume supply to Serbian NIS as it received a license from the United States
Serbia backs talks on sale of NIS to Hungary’s MOL – energy minister
25 December 2025 - Đedović Handanović has confirmed that Russian shareholders are negotiating the sale of their stake in Serbia-based oil company NIS to MOL
Israel, Greece, Cyprus reaffirm commitment to joint energy projects
25 December 2025 - Israel, Greece and Cyprus vowed to safeguard their sea lanes and critical infrastructure against emerging threats
Fearful about oil sanctions, Serbia’s Vučić seeks support from EU leaders
11 December 2025 - Facing NIS's imminent halt due to US sanctions, President Aleksandar Vučić met with EU leaders António Costa and Ursula von der Leyen
Siemens Energy, Končar to install electrolyzer, solar power plant for INA
09 December 2025 - INA said it has signed two important contracts for the implementation of the green hydrogen production project at its Rijeka refinery
MOL in talks about possibility of purchasing stake in Serbian NIS
27 November 2025 - Hungarian MOL is discussing the possibility of acquiring a stake in Serbian oil refiner NIS, which is under US sanctions due to Russian ownership
Tens of thousands of tons of waste motor oil unaccounted for in Serbia
18 November 2025 - Auto repair shops in Serbia, obliged to dispose of waste motor oil, often sell it to individuals who use it for heating
World Energy Outlook: Diversification of supplies, cooperation key for navigating turbulences ahead
13 November 2025 - One of the major changes compared to last year’s World Energy Outlook is the reintroduction of the current policies scenario in which the oil and natural gas demand continue to grow until 2050
Romania to take control of Lukoil’s assets
12 November 2025 - Romania wants to take control of Lukoil's operations to get an exemption from US sanctions. It's unclear whether the government would nationalize the assets
Project pipeline in Greece for CO2 capture, storage nearing EUR 4 billion
11 November 2025 - Carbon capture and storage (CCS) projects worth as much as EUR 3.6 billion are under development in Greece
US torpedoes Lukoil’s deal to sell its overseas business to Gunvor
07 November 2025 - The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil
Oil trader Gunvor set to take over Lukoil’s refineries, fuel chains in Southeast Europe
30 October 2025 - Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist
Russia’s Lukoil to sell refineries, fuel chains in Southeast Europe amid US sanctions
28 October 2025 - Lukoil operates oil refineries in Bulgaria and Romania, as well as fuel retail chains across the region