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Search Results for Oil
Oil Companies Allowed to Use Euro Diesel Reserves Due to Import Disruptions
Serbia’s Ministry of Mining and Energy has allowed oil companies that submitted requests to temporarily use their operational reserves of Euro diesel in order to ensure a stable supply to the domestic market during a period of disrupted fuel imports.…
Romania Declares Crisis Situation on the Crude Oil and Petroleum Products Market
An emergency ordinance declaring a crisis situation on the crude oil and petroleum products market has officially come into effect in Romania. According to the Romanian Government, the ordinance applies to the period from April 1 to June 30, 2026,…
New Solar Power Facility at the Pančevo Oil Refinery
A new 550 kW solar power plant has been installed on the rooftops of six buildings at the Pančevo Oil Refinery, representing another in a series of projects delivered by MT-KOMEX for NIS a.d. Novi Sad. MT-KOMEX is a leading…
Slovenian Government Mitigates Diesel, Petrol and Heating Oil Price Increases
The Slovenian government has announced measures in response to rising oil prices caused by geopolitical developments in the Middle East. According to reports, excise duties on diesel and heating oil are planned to be reduced to the lowest level allowed…
NIS Agrees on Crude Oil Imports via JANAF, Restart of Pančevo Refinery Expected Soon
Naftna industrija Srbije (NIS) has agreed on the import of the first quantities of crude oil via the Adriatic Pipeline (JANAF), creating the conditions for the restart of production at the Pančevo Oil Refinery. According to the company’s statement, the…
Three New Laws Governing the Oil and Gas Sector Adopted
The National Assembly has adopted three new laws regulating the oil and gas sector, which — as stated — will contribute to greater security, quality, and reliability of supply to the domestic market, as well as alignment with European Union…
The Forests of Serbia – Guardians of Water, Soil, Life, and the Future
As the world increasingly recognises forests as key allies in the fight against climate change, Serbia is recording a positive trend – forest cover today stands at 39 percent, with total green cover reaching 43.1 percent of the country’s territory.…