The Druzhba–Adria cost equation
A closer look at the economic realities behind a potential switch from Druzhba to Adria — and whether it truly makes financial sense.
crude oil
A collection of 5 posts
Serbia's oil refinery to close after U.S. refuses to extend NIS license
Serbia failed to remove Russian capital from NIS despite extensions; leaving its refinery unlicensed and oil reserves secure only until year-end.
Refinery fire tests MOL’s resilience and regional supply
A fire broke out last Monday night at MOL Group’s Danube Refinery in Százhalombatta, damaging one of the largest of its three distillation towers. The incident can have significant impact on regional oil supply and prices.
Poland's Orlen ends Russian oil imports to Czech refinery
EC President Ursula von der Leyen said: "Russia has repeatedly attempted to blackmail us by weaponising its energy supplies. We have taken clear steps to turn off the tap and end the era of Russian fossil fuels in Europe for good."
Serbia, Hungary deepen defence, energy ties
When Croatia, Albania and Kosovo recently formed a new military alliance, Serbia and Hungary followed suit, reshaping the security situation in South East Europe. Serbian Defence Minister Bratislav Gasic and Hungarian Defence Minister Kristof Szalay-Bobrovniczky earlier this month signed a bilateral military cooperation agreement in the Serbian capital of Belgrade.