OIL AND OIL DERIVATES

Croatian Janaf Prepares for Recapitalisation of Petrokemija

Date: 21.11.2017 Author: Ana Vučina Vršnak
Croatian Janaf Prepares for Recapitalisation of PetrokemijaPhoto: www.pixabay.com

Croatia’s state-owned oil pipeline operator Janaf published a call on Friday for its extraordinary general assembly to be held on 28 December. In the call it proposes buying new shares in the

Slovenian Petrol Group Records EUR 60m Net Profit in First 9 Months of 2017

Date: 20.11.2017 Author: Ana Vučina Vršnak
Slovenian Petrol Group Records EUR 60m Net Profit in First 9 Months of 2017Photo: Petrol

The Slovenian Petrol Group consolidated sales jumped 23% year-on-year to EUR 3.3 billion in the first nine months to September, mainly due to higher oil prices, said Petrol Group on Thursday in a

Croatian Government To Ask for Deal with Hungarian MOL?

Date: 15.11.2017 Author: Ana Vučina Vršnak
Croatian Government To Ask for Deal with Hungarian MOL?Photo: F. Buva

The Croatian government would like to find an agreement with the Hungarian oil and gas company MOL regarding the Croatian company INA as a result of the loss of the arbitration dispute in Geneva as

Romanian OMV Petrom's Operating Profit Up 115% in First Nine Months of 2017

Date: 10.11.2017 Author: Tanja Srnovršnik Volarič
Romanian OMV Petrom's Operating Profit Up 115% in First Nine Months of 2017Photo: OMV Petrom

Romanian oil and gas group OMV Petrom generated an operating profit of RON 2.45 billion (EUR 528.8 million) in the first nine months of 2017, up 115% compared to the same period in 2016. This growth

Croatia: Public Call for a Consultant to Evaluate the Value of INA

Date: 10.11.2017 Author: Peter Palčec
Croatia: Public Call for a Consultant to Evaluate the Value of INAPhoto: INA

Croatia’s Ministry of Finance will announce a public call for a consultant to carry out an evaluation of the oil and gas company INA with the support of the Ministry of Energy. The ministry will

Albanian Energy Minister: Albpetrol Will Soon Be Restructured

Date: 09.11.2017 Author: Tanja Srnovršnik Volarič
Albanian Energy Minister: Albpetrol Will Soon Be RestructuredPhoto: Roman Pekljaj

The Albanian state-owned oil and gas company, Albpetrol, will soon undergo a restructuring process, and many assets will be sold off to foreign investors, said the country's Minister of Energy, Damian

Serbian NIS Increases Its Net Profit 2.6-Fold

Date: 07.11.2017 Author: Tanja Srnovršnik Volarič
Serbian NIS Increases Its Net Profit 2.6-FoldPhoto: www.nis.yu

The Serbian oil and gas company Naftna industrija Srbije (NIS) generated a net profit of RSD 20.1 billion (EUR 170 million) in the first nine months of 2017, which is 2.6 times more than in the first

Canadian Companies Interested in Entering Croatian Oil Market

Date: 06.11.2017 Author: Tanja Srnovršnik Volarič
Canadian Companies Interested in Entering Croatian Oil MarketPhoto: F. Buva/Ina

Canada and the European Union have recently signed a trade agreement, thus giving all industries a chance for new business ventures. As part of this, Canadian companies are interested in entering the

Republika Srpska Signs Protocol to Link Brod Refinery to Croatia's Gas System

Date: 02.11.2017 Author: Tanja Srnovršnik Volarič
Republika Srpska Signs Protocol to Link Brod Refinery to Croatia's Gas SystemPhoto: Alenka Žumbar

Petar Đokić, the Minister of Industry, Energy and Mining of Republic of Srpska, and Tomislav Ćorić, the Minister of Environmental Protection and Energy of Croatia, signed a protocol on Tuesday on

Kovačević: Energean’s Information on Oil and Gas in Montenegrin Ulcinj Premature

Date: 02.11.2017 Author: Andreja Šalamun
Kovačević: Energean’s Information on Oil and Gas in Montenegrin Ulcinj PrematurePhoto: Victor Habbick via FreeDigitalPhotos

The information provided by the Greek company Energean Oil & Gas on the assessment of the commercial reserves of natural gas and oil in the Montenegrin Ulcinj municipality is premature, said Veselin

Croatia: Rosneft a Better Partner for INA than MOL

Date: 02.11.2017 Author: Peter Palčec
Croatia: Rosneft a Better Partner for INA than MOLPhoto: HEP

If Rosneft enters Croatian oil and gas company INA’s ownership structure, its facilities would be modernised and able to deliver oil products on the market in a sustainable manner, said Igor Sechin,

Bulgaria's Year-on-Year Power Output Up 3% in August

Date: 02.11.2017 Author: Andreja Šalamun
Bulgaria's Year-on-Year Power Output Up 3% in AugustPhoto: Roman Peklaj

Production of electricity in Bulgaria amounted to 3,795 GWh in August 2017, up 1.9% compared to July 2017, reported the National Statistics Institute (NSI) on Monday. Generation of electricity in

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