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Keywords: Energy sector
Serbia is preparing to submit its final proposal regarding the possible takeover of the oil company NIS by the Hungarian energy group MOL Group, according to statements from Serbian energy officials. The negotiations concern NIS, the operator of Serbia’s only oil refinery and one of the country’s......
Pemex chief executive Víctor Rodríguez is facing growing uncertainty over his future as internal tensions, financial pressures, and operational setbacks continue to affect the struggling energy giant, according to sources familiar with the matter. The leadership of the Mexican state oil......
Morocco is mourning the loss of Ali Fassi Fihri, former Director General of the National Office of Electricity and Drinking Water (ONEE), who passed away at the age of 71 after a long illness, according to information shared by his family. Widely respected in Morocco’s administrative and institutional......
French energy company Engie has confirmed that it will continue pursuing its development strategy in the Middle East despite ongoing regional instability linked to geopolitical tensions and disruptions caused by the conflict involving Iran. Company executives stated that the region remains part of Engie’s......
Eni shareholders have approved a new board lineup proposed by the Italian government, opening the way for Chief Executive Officer Claudio Descalzi to secure an unprecedented fifth term at the helm of the state-controlled energy company. At the annual general meeting, 51.38% of participating shareholders......
Greece has announced an agreement with Qatar to strengthen cooperation in key strategic sectors, including trade, energy, and defence, further expanding bilateral relations established in 2024. The announcement followed a meeting in Athens between Greek Prime Minister Kyriakos Mitsotakis and Qatar’s......
National Commission on Markets and Competition has closed its investigations into BP, Moeve, and Repsol after determining that the firms did not violate competition rules. The probe was launched following complaints from industry associations, which alleged that the companies had engaged in anti-competitive......
Germany’s economy ministry has initiated an investment review of Klesch Group Ltd’s planned acquisition of BP’s (BP Plc) German oil refinery in Gelsenkirchen, according to reports from Spiegel. Confidential documents cited by Spiegel suggest that the nationality of Klesch Group owner......
Russia’s leading liquefied natural gas producer, Novatek, has established a new company to develop its own fleet of vessels and floating infrastructure, as it faces ongoing challenges linked to international sanctions. The newly created entity, focused on engineering and shipbuilding, aims to......