OIL AND OIL DERIVATES
Romanian OMV Petrom Develops New Low Sulphur Marine Fuel Oil
Date: 18.02.2020 Author: Peter Palčec
Photo: OMV Petrom
The Romanian oil and gas group OMV Petrom has developed a new marine fuel oil with a low sulphur content of up to 0.5% at its Petrobrazi refinery. This product is unique to the Romanian market. The
Romania's Power Imports Up 74.2% in 2019
Date: 13.02.2020 Author: Peter Palčec
Photo: Andreja Krašna
Romania's electricity imports increased by 74.2% to 5,110.2 GWh in 2019 compared to 2018, while electricity exports fell by 34.4% to 3,592.2 GWh, reported Romania's National Institute of Statistics.
Dragan Kovačević Gets New Mandate as CEO of Croatian Janaf
Date: 11.02.2020 Author: Tanja Srnovršnik
Photo: Janaf
The supervisory board of Croatia’s state-owned oil pipeline operator Janaf issued a decision on 7 February appointing Dragan Kovačević as the chairman of the company’s management board for the
Europe to Better Use Data in Support Of Green Deal
Date: 10.02.2020 Author: Peter Palčec
Photo: Pixabay
The EU Green Deal needs “digitalisation as an enabler for decarbonisation” in all sectors of the economy, including transport and energy, said the European Commission in a draft policy document,
Croatian INA Will Not Sell Shares in BiH’s Krajinapetrol
Date: 10.02.2020 Author: Peter Palčec
Photo: F. Buva
The Croatian oil and gas company INA has rejected an offer by the company Nes for the purchase of INA’s shares in Bosnia and Herzegovina’s (BiH) energy company Krajinapetrol, reported SEEbiz.eu.
Romanian OMV Petrom's Operating Profit Down 19% in 2019
Date: 07.02.2020 Author: Tanja Srnovršnik
Photo: OMV Petrom
The Romanian oil and gas group OMV Petrom generated an operating profit of RON 4.25 billion (EUR 891.9 million) in 2019, down 19% compared to 2018. This fall was mainly influenced by the
Romania's Romgaz Seeks Shareholders Approval For Advisor For ExxonMobil Stake
Date: 06.02.2020 Author: Peter Palčec
Photo: Alenka Lena Klopčič
The Romanian state-owned gas producer Romgaz, has announced that the extraordinary general meeting of shareholders will be held on 11 March 2020. Among other items on the agenda, Romgaz will be
Romania Could Block Transfer of Oil and Gas Licences to Undesired Investors
Date: 05.02.2020 Author: Peter PalčecPhoto: Alenka Lena Klopčič
Romania’s government has drafted an emergency ordinance that aims to offer the National Agency for Mineral Resources (ANRM) the authority to refuse to sign new concession agreements for oil and gas
FBiH Wants to Increase Tax on Oil Production
Date: 04.02.2020 Author: Tanja Srnovršnik
Photo: Tanja S. Volarič
The House of Representatives of Federation of Bosnia and Herzegovina’s (FBiH) parliament voted in favour of the entity government-drafted law that introduces the tax on profits generated from oil
Romania's Competition Council Approves Takeover of Panebo Gaz by Gaspeco L&D
Date: 04.02.2020 Author: Tanja Srnovršnik
Photo: www.pixabay.com
The Romanian Competition Council has authorised a transaction by which the company Gaspeco L&D will take over Panebo Gaz, said the Competition Council on its website.
Belgian DSEC Launches Work on Croatian INA’s 2G-Ethanol Plant Project
Date: 03.02.2020 Author: Tanja SrnovršnikPhoto: F. Buva
Belgian De Smet Engineers & Contractors (DSEC) has started working on a basic engineering contract for the Croatian oil and gas company INA, covering the OSBL (Outside Battery Limits) portion of a 2G
GlobalData: Shorter Cycle Investments to Characterise Oil and Gas Industry in 2020
Date: 30.01.2020 Author: Tanja SrnovršnikPhoto: Tanja S. Volarič
Oil and gas operators globally will continue to push for faster returns with shorter cycle investments as the industry moves away from giant developments, according to the data and analytics company
