EurOil - Europe Oil & Gas

12 October 2025

US sanctions on Serbian oil company NIS take effect

9 October 2025

Sanctions imposed by the United States on Serbia’s sole oil refiner, NIS, took effect on October 9, ending months of postponements and raising fears of fuel shortages and wider economic disruption.

Croatia offers to buy stake in Serbian oil firm NIS after US sanctions

9 October 2025

Serbian President Aleksandar Vucic dismissed the Croatian overture with a counter-proposal that Belgrade could instead buy a Croatian utility.

Russia lifts fuel output as refineries recover and oil nears OPEC+ quota

9 October 2025

Russia has increased fuel production and is moving closer to its OPEC+ oil quota as domestic refineries recover from drone attacks, Deputy Prime Minister Alexander Novak said

MOL says talks on extending oil transport agreement with Janaf were "constructive"

9 October 2025

MOL executives asked Janaf to "demonstrate, with appropriate tests", that sufficient volumes of crude could be delivered through the Adriatic pipeline to Hungary on a daily basis.