OIL AND OIL DERIVATES

Romanian OMV Petrom’s Hydrocarbon Output Down 2.6% in Q4 2019

Date: 15.01.2020 Author: Tanja Srnovršnik
Romanian OMV Petrom’s Hydrocarbon Output Down 2.6% in Q4 2019Photo: Tanja S. Volarič

The total hydrocarbon production of the Romanian oil and gas company OMV Petrom amounted to 152,000 barrels of oil equivalent per day (boe/d) in Q4 of 2019, up 1.33% compared to Q3 of 2019, and down

Nes Receives Negative Opinion on Takeover of BiH’s Krajinapetrol

Date: 14.01.2020 Author: Tanja Srnovršnik
Nes Receives Negative Opinion on Takeover of BiH’s KrajinapetrolPhoto: www.pixabay.com

The management of Bosnia and Herzegovina’s (BiH) energy company Krajinapetrol has given a negative opinion on the offer for a takeover of the company’s remaining shares, published by the company

Croatian Janaf Seeks New Management Board

Date: 14.01.2020 Author: Tanja Srnovršnik
Croatian Janaf Seeks New Management BoardPhoto: Janaf

Croatia’s state-owned oil pipeline operator Janaf has published a public tender for a chairman and two members of the company’s management board.

Romanian OMV Petrom Signs Agreement to Transfer 40 fields to Dacian Petroleum

Date: 10.01.2020 Author: Peter Palčec
Romanian OMV Petrom Signs Agreement to Transfer 40 fields to Dacian PetroleumPhoto: Petrom

The Romanian oil and gas group OMV Petrom has reached an agreement on the transfer of 40 onshore oil and gas fields in Romania to the company Dacian Petroleum as part of a business transfer

FBiH Announces Public Tender for Hydrocarbons Exploration in FBiH

Date: 09.01.2020 Author: Peter Palčec
FBiH Announces Public Tender for Hydrocarbons Exploration in FBiHPhoto: Tanja S. Volarič

The Federal Ministry of Energy, Mining and Industry (FMERI) of the Federation of Bosnia and Herzegovina (FBiH) has announced a public tender for concessions for the exploration and exploitation of

ExxonMobil Negotiates Sale of Romanian Offshore Operations With Lukoil

Date: 08.01.2020 Author: Peter Palčec
ExxonMobil Negotiates Sale of Romanian Offshore Operations With LukoilPhoto: INAgip

The US group ExxonMobil is negotiating the sale of its 50% stake in the Neptun Deep offshore gas perimeter in Romania’s Black Sea section with the Russian group Lukoil, reported the Romania Insider.

Planned Primary Energy Production in Serbia for 2020 to Amount to 10,112 Mtoe

Date: 06.01.2020 Author: Peter Palčec
Planned Primary Energy Production in Serbia for 2020 to Amount to 10,112 MtoePhoto: www.pixabay.com

The Serbian government has determined Serbia’s energy balance for 2020. Thus, the government has projected that primary energy production in 2020 will amount to 10,112 Mtoe (one million tonnes of

Bulgaria's Year-on-Year Power Output Down 10.3% in October 2019

Date: 03.01.2020 Author: Peter Palčec
Bulgaria's Year-on-Year Power Output Down 10.3% in October 2019Photo: Andreja Krašna

Production of electricity in Bulgaria amounted to 3,391 GWh in October 2019, up 2.9% compared to September 2019 and down 10.3% compared to October 2018, reported Bulgaria's National Statistics

Croatian Court Sentences Hungarian MOL’s CEO on Corruption Charges

Date: 02.01.2020 Author: Peter Palčec
Croatian Court Sentences Hungarian MOL’s CEO on Corruption ChargesPhoto: www.pixabay.com

The Zagreb County Court sentenced Zsolt Hernádi, the chairman and CEO of Hungarian oil and gas company MOL, on Monday to two years in prison for corruption, reported the Budapest Business Journal.

Takeover of BiH’s Krajinapetrol to Cost EUR 3.88m

Date: 31.12.2019 Author: Peter Palčec
Takeover of BiH’s Krajinapetrol to Cost EUR 3.88mPhoto: www.pixabay.com

The Securities Commission of Republika Srpska has approved the takeover of the energy company Krajinapetrol by Nedeljko Kesić, the former director of the company Vrbas hydro power plants (HPPs).

Eni Signs Exploration Production Sharing Contract for Onshore Block in Albania

Date: 24.12.2019 Author: Peter Palčec
Eni Signs Exploration Production Sharing Contract for Onshore Block in AlbaniaPhoto: Tanja S. Volarič

The CEO of Eni, Claudio Descalzi, has signed a production sharing contract with Albania’s Minister of Infrastructure and Energy, Belinda Balluku, and in the presence of the country’s prime

Croatian INA Signs Contract for Residues Treatment Facility at Rijeka Refinery

Date: 23.12.2019 Author: Peter Palčec
Croatian INA Signs Contract for Residues Treatment Facility at Rijeka RefineryPhoto: F. Budva

The Croatian oil and gas company INA has signed a contract with the Italian company KT - Kinetics Technology for the construction of a heavy residues treatment facility at the Rijeka oil refinery. The


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