Energy Industry
Is MOL a good buyer?
Siniša Mali claims that the Hungarian MOL signed the contract on the sale of NIS. What does the identity card of this Hungarian giant say? What kind of company is MOL?
Energy Industry
Mali: An agreement was reached with MOL on the takeover of NIS
The Hungarian company MOL has signed an agreement to take over the majority Russian share in the Serbian Oil Industry, Siniša Mali told Bloomberg. What kind of customer is MOL?
News
IMF: World economy on the brink of endurance
In the latest World Economic Forecasts, the IMF estimated that the world economy has so far withstood the conflict in the Middle East, but that oil supplies are running out and that additional shocks could quickly be transmitted to prices and supply.
News
Serbia has fuel reserves for 51 days, and the obligation is 90 days
Serbia currently has the largest fuel reserves in the region, which cover 51 days of net imports, according to data from the Secretariat of the Energy Community. But that is not enough.
The oil industry of Serbia
NIS received a license from OFAK until September 30
The new license enables continuity of supply while working on a long-term solution for NIS, says Minister of Mining and Energy Dubravka Đedović Handanović
Energy Industry
A new blow to the prices of energy products: Oil rose sharply due to the escalation of the conflict with Iran
Oil prices rose 7 percent today after airstrikes continued in the Middle East, raising concerns about a supply cut. US government data shows that domestic crude oil inventories have fallen to multi-year lows
Energetics
More expensive fuel in Serbia: Record jump in oil since May, we are again using up reserves
Oil topped $100 a barrel for the first time since May this year, with new conflicts in the Middle East. During that time, Serbia is also in trouble, so it again consumes reserves and increases the price of fuel
War in the Middle East
Hormuz as an atomic bomb
For Iranians, the Strait of Hormuz is a guarantee of survival and the most effective weapon for mass disruption of the global economy. The game is played on the edge of the abyss, but neither side has full control over events
Yemen
It is difficult for oil to flow through the Red Sea: the Yemeni Houthis have closed the waterway
Two tankers carrying Saudi oil to Asia changed course in the Red Sea today due to threats from the Yemeni Houthis. With the Strait of Hormuz closed, this could further catapult the price of oil
Excise duties
What you don't pay on the bridge, you will pay for the excise duty: Why are fuel prices rising only in Serbia
Fuel and oil prices are falling everywhere except in Serbia, where Eurodiesel and gasoline have gone up by two dinars. Experts explain that the reason for this is that Serbia has the highest excise tax in the region
War in the Middle East
The US and Iran reached a temporary peace agreement: "Let the oil flow!"
Donald Trump has triumphantly declared on several occasions that a peace agreement with Iran has been reached. This time Tehran also confirmed it. It is due to be signed on Friday in Switzerland and end the war that began on February 28 with the attack on Iran by the US and Israel
Excise duties
Oil match: Excise duties on fuel remain lower until mid-June
The Government of Serbia made a new decision according to which the reduced amounts of excise duty on oil derivatives are valid until June 14
Energy Industry
Demostat: Deadlock in negotiations with MOL
After the American agency approved MOL's potential buyer status, the negotiations between the two parties, according to occasional statements by Serbian officials, move along the "hot-cold" line.
Naphtha
IEA warning: Oil stocks are rapidly being depleted - a new jump in fuel prices has been announced
Global oil stocks could fall to a critically low level of 6,8 billion barrels by September if the Strait of Hormuz remains closed at that time, analysts believe. Some, however, fear that this could happen as early as July or August
The oil industry of Serbia
Tabaković on ownership of NIS: Love for love, but cheese for money
The state leadership is struggling to realize its ownership right and to help change ownership that would not jeopardize the further work of NIS, says NBS Governor Jorgovanka Tabaković.
Naphtha
Morgan Stanley: A race against time in the global oil market
For now, higher crude oil exports from the United States and weaker imports from China are key factors that have helped buffer the global market from a bigger shock. From June, however, the situation changes if the Strait of Hormuz remains closed
Energy crisis
Kerosene prices are skyrocketing.
If fuel prices remain high, airlines that have not hedged against rising prices could go bankrupt
Electric vehicles
What are the most common breakdowns and the most expensive repairs in electric vehicles
According to data from the European Association of Automobile Manufacturers, electric vehicles in the European Union account for about 18,8 percent of new registrations
United Arab Emirates
The United Arab Emirates is leaving OPEC
The UAE's announcement to leave OPEC moderated the rise in oil prices
Naphtha
Russia blocks Kazakh oil for Germany
From May 1, the transit of Kazakh crude oil through the Druzhba pipeline through Russian territory to the PCK refinery in Germany will be prohibited.
Fuel
How much fuel has gone up in Serbia since the start of the war in Iran, and how much in other countries
Diesel at pumps in Serbia has risen in price by 17 dinars, and gasoline by 10 dinars per liter in 40 days, i.e. since the beginning of the war in Iran and the great global energy crisis. We compare price increases in Serbia with other European countries
Energy crisis
Black forecasts: It is expected that the price of oil will continue to rise in April
Countries around the world are finding it increasingly difficult to cope with high oil and gas prices. The forecasts of the International Energy Agency for April are not at all encouraging
Economy
A new increase in food prices is knocking on the door
While the prices of wheat and oilseeds on world markets are falling, the costs of fuel and fertilizers are rising, putting producers under serious financial pressure. A combination of market and geopolitical factors is once again threatening the food supply chain
Near East
War against Iran: Oil under the bombardment
One of the consequences of the war against Iran is that the global price of oil has increased by about 60 percent
Energy Industry
From whom does NIS buy oil during the war
During the conflict in the Middle East, NIS buys oil from Norway, Guyana, Iraq, Kazakhstan, as well as the United States, Forbes writes.
Energy Industry
Vučić as an energy savior: There is no fuel anywhere, only in Serbia is oil booming
Regime media in Serbia portrays the oil ruin of Croats and Slovenes, in which the wise Vučić is the only one who maintains prosperity in the country. The specific figures are slightly different
Donald tramp
CNN: Trump has lost control of the war with Iran
Trump is furious that he can't simply order the Europeans to send ships to open the Strait of Hormuz, CNN's Stephen Collinson writes in an analysis