Montenegro’s petroleum distribution sector expanded significantly during the past year, with combined revenues of the country’s leading oil companies exceeding €603 million, while aggregate sector...
Montenegro’s fuel distributor Jugopetrol opened 2026 with improved profitability, supported by higher revenues and steady operational performance across its core segments.
In the first quarter of 2026, the...
Montenegro’s Hydrocarbons Administration has issued a second tender worth approximately €11 million for the procurement of the first tranche of the country’s mandatory oil...
Montenegro’s Regulatory Agency for Energy and Regulated Utility Activities (REGAGEN) has granted Jugopetrol a license to operate in the transport of petroleum products using...
Jugopetrol plans to install solar panels on its facilities and has announced a call for expressions of interest for implementing solar power systems on...
The CEOs of Monteput and Jugopetrol, Milan Ljiljanić and Vasilis Panagopoulos, signed a 25-year lease agreement for roadside land at the Gornje Mrke rest...
