Jugopetrol recorded a significant increase in profitability during the first half of 2026, with stronger fuel sales, improved procurement conditions and higher demand from aviation, marine…
Browsing: oil
Montenegro will rely on Jugopetrol for part of its mandatory petroleum-product reserves after state-owned storage facilities proved insufficient to hold the required volumes. Some public storage…
Montenegro’s Hydrocarbon Authority plans to launch a third tender by the end of September for the procurement of the country’s mandatory diesel fuel reserves. An earlier…
Montenegro’s Hydrocarbons Administration will purchase its first portion of oil reserves in the fourth quarter of this year, according to the Ministry of Energy and Mining.…
A new tender for the adaptation and modernization of the petroleum products reservoir in Bar, including complete equipment, will be announced next week, in mid-April, according…
The Oil and Petroleum Derivatives Distribution Group of the Chamber of Commerce unanimously adopted a request to the Government and the Assembly to withdraw amendments to…
The Association of Oil Companies of Montenegro (UNKCG) sent a letter to the Chamber of Commerce of Montenegro (PKCG) in which it protested that only representatives…
The Regulatory Agency for Energy and Regulated Utilities (REGAGEN) has issued licenses to Cetinje-based Montenegro Bonus for wholesale trade in oil derivatives and liquefied petroleum gas.…
South East Europe Energy News will bring closer all the relevant power market news, insights and analysis. We cover electricity, oil and gas but also providing…
Two decades since the beginning of the dispute with Jugopetrol and seven years since the final judgment by which the reservoirs in Bijelo Polje, Lipci and…

