OIL AND OIL DERIVATES

Slovenian Petrol Acquires Petrol Geoterm

Date: 19.10.2018 Author: Andreja Šalamun
Slovenian Petrol Acquires Petrol GeotermPhoto: www.pixabay.com

The Slovenian company Petrol acquired Petrol Geoterm at the beginning of October, which is evident from an acquisition agreement that Petrol published on the Ajpes website on Thursday.

IEA: Oil Market Reaches New Twin Peaks of Demand and Supply

Date: 16.10.2018 Author: Tanja Srnovršnik Volarič
IEA: Oil Market Reaches New Twin Peaks of Demand and SupplyPhoto: Victor Habbick via FreeDigitalPhotos

“Both global oil demand and supply are now close to new, historically significant peaks at 100 million barrels per day (mb/d), and neither show signs of ceasing to grow any time soon,” said the

Terminal for Liquid Fuels Put into Operation in BiH

Date: 15.10.2018 Author: Peter Palčec
Terminal for Liquid Fuels Put into Operation in BiHPhoto: www.pixabay.com

Denis Zvizdić, Chairman of the Council of Ministers of Bosnia and Herzegovina (BiH), has opened the most modern terminal for liquid fuels in the Balkans in Zenica, reported Energetika.ba.

Albania Publishes Tender for Onshore Oil Exploration

Date: 12.10.2018 Author: Andreja Šalamun
Albania Publishes Tender for Onshore Oil ExplorationPhoto: Tanja S. Volarič

Albania’s National Agency of Natural Resources (AKBN) has invited interested parties to submit applications for oil exploration in block 5 in the southwestern part of the country, said AKBN in a

BiH’s Brod Oil Refinery to be Connected to Croatia’s Gas System in Q3 2019

Date: 12.10.2018 Author: Peter Palčec
BiH’s Brod Oil Refinery to be Connected to Croatia’s Gas System in Q3 2019Photo: Alenka Žumbar

Works on the connection of Republika Srpska’s Brod oil refinery to the gas system of Croatia must be completed in the third quarter of 2019. This decision was made at a meeting between the Croatian

Romanian OMV Petrom’s Hydrocarbon Output Down 3.6% in Q3 2018

Date: 11.10.2018 Author: Tanja Srnovršnik Volarič
Romanian OMV Petrom’s Hydrocarbon Output Down 3.6% in Q3 2018Photo: Tanja S. Volarič

The total hydrocarbon production of the Romanian oil and gas company OMV Petrom amounted to 160,000 barrels of oil equivalent per day (boe/d) in Q3 of 2018, the same level as in Q2 of 2018, and down

Explosion Rocks BiH’s Brod Refinery; Operation Continues

Date: 10.10.2018 Author: Tanja Srnovršnik Volarič
Explosion Rocks BiH’s Brod Refinery; Operation ContinuesPhoto: Alenka Žumbar

An explosion shook the Brod oil refinery in northern Bosnia and Herzegovina (BiH) late on Tuesday. According to Brod’s mayor, Ilija Jovičić, the refinery has continued operating following the

Hungarian MOL Ready to Sell Its Shares in Croatian INA

Date: 10.10.2018 Author: Peter Palčec
Hungarian MOL Ready to Sell Its Shares in Croatian INAPhoto: www.pixabay.com

The Hungarian oil and gas company MOL is ready to sell its shares in the Croatian oil and gas company INA to the Croatian government, reported SEEbiz.eu.

FBiH Again Searching for Consultant for Oil and Gas Exploration Project

Date: 10.10.2018 Author: Peter Palčec
FBiH Again Searching for Consultant for Oil and Gas Exploration ProjectPhoto: Tanja S. Volarič

The Government of the Federation of Bosnia and Herzegovina (FBiH) is again searching for an expert consultant to help it launch an international tender to award oil and gas exploration concessions in

Dubljević: First Oil Well in Adriatic Sea by End of 2019

Date: 09.10.2018 Author: Ana Vučina Vršnak
Dubljević: First Oil Well in Adriatic Sea by End of 2019Photo: Siemens

The first ship for seismic exploration of oil and gas in Montenegrin waters is due to sail in Montenegrin waters on 1 November, and the first well is being planned for the end of 2019, said Vladan

Paravan: Energy Markets Remain Bullish

Date: 05.10.2018 Author: Tanja Srnovršnik Volarič
Paravan: Energy Markets Remain BullishPhoto: Tanja S. Volarič

“At present, the situation on the energy markets is very demanding. Technically speaking, we are still in a bull trend, and there is no indication that this trend will be reversed,” said Dejan

Romanian Offshore Law Returned to Committees

Date: 04.10.2018 Author: Peter Palčec
Romanian Offshore Law Returned to CommitteesPhoto: Alenka Žumbar

In its plenary sitting on Wednesday, the Romanian Chamber of Deputies voted to return the Offshore Law to the parliamentary committees. The matter under question is the bill setting out the criteria

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