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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...

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...

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...

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...

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...

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...

GreenCleanS as a Response to the Environmental Challenges of Oil Regeneration

The GreenCleanS project, funded under the Green Program of Cooperation between Science and Industry of the Science Fund of the Republic of Serbia, is being implemented by the Institute of Electrical Engineering...

Bulgaria Announces New Oil and Gas Exploration in the Black Sea

At a ceremony held at the Council of Ministers, Bulgarian Prime Minister Rosen Zhelyazkov signed an agreement for the exploration and search for oil and natural gas in Block 1-26 Han Tervel....

United States Imposes 25 percent Tariffs on Countries Importing Oil from Venezuela

The United States has tightened its economic policy toward Venezuela’s energy sector and all those cooperating with it. The Trump administration has announced that it “will not tolerate” the involvement of any...

India Builds the World’s Longest Oil Pipeline

India is set to achieve a new world record in the energy sector with the construction of the world's longest liquefied petroleum gas (LPG) pipeline. The project is in its final stages,...

Scientists Develop Biofuel from Used Cooking Oil as Efficient as Diesel

A team of researchers from Imperial College London and the Brazilian National Laboratory for Renewable Energy Sources has developed an innovative method for producing biofuel from food waste, such as used cooking...

Environmental Crisis: Fuel Oil Spill in the Kerch Strait

A recent environmental disaster struck the Kerch Strait, a critical waterway connecting the Black Sea and the Sea of Azov, following the sinking of two oil tankers. The incident resulted in a...

Alarming Growth of Soil Salinity

According to the latest global assessment by the United Nations Food and Agriculture Organization (FAO), there has been a significant increase in the percentage of land affected by salt, now covering nearly...

World Soil Day – Caring for Soil is Key to a Sustainable Future

Every December 5th, we are reminded of the importance of preserving soil health and sustainably managing this vital resource through the celebration of World Soil Day. Established in 2014 by the International...

China’s Slowdown is Weighing on the Outlook for Global Oil Demand Growth

Monthly data reported by countries representing 80 percent of global oil demand for the first six months of 2024 are now available. The data confirm the sharp slowdown in the rate of...

UNESCO raises global alarm on the rapid degradation of soils

UNESCO is warning that 90 per cent of the planet's land surface could be degraded by 2050, with major risks for biodiversity and human life. At an international conference in Agadir (Morocco),...

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