Cookie settings

OIL AND OIL DERIVATES

Croatian INA Exported One-Third of Domestic Crude Oil Production

Date: 01.06.2020 Author: Peter Palčec
Croatian INA Exported One-Third of Domestic Crude Oil ProductionPhoto: F. Buva

The Croatian gas and oil company INA has exported 34% of the domestic crude oil it produced in 2019 and so far in 2020, reported SEEbiz.eu. The remainder of the domestic oil production has been

Serbian NIS Expects Drop in Profits for Q2 Due in Part to COVID-19

Date: 29.05.2020 Author: Peter Palečc
Serbian NIS Expects Drop in Profits for Q2 Due in Part to COVID-19Photo: Victor Habbick via FreeDigitalPhotos

“Due to the drop in oil prices and the drastic reduction in demand for petroleum products caused by restrictive measures to prevent the spread of COVID-19, the global oil industry is operating in

IEA: Global Energy Investment to Fall 20% in 2020 Due to COVID-19

Date: 28.05.2020 Author: Tanja Srnovršnik
IEA: Global Energy Investment to Fall 20% in 2020 Due to COVID-19Photo: DhakaTribune

The COVID-19 crisis brought large swathes of the world economy to a standstill in a matter of months and, as a result, global energy investment is expected to plummet by 20% in 2020, or almost USD 400

Croatian INA Publishes MoU Signed With Janaf in 2018

Date: 28.05.2020 Author: Peter Palčec
Croatian INA Publishes MoU Signed With Janaf in 2018Photo: F. Buva

The Croatian gas and oil company INA has published a memorandum of understanding that it signed with Croatia’s state-owned oil pipeline operator Janaf on 21 August 2018, according to a press release

Serbian NIS to Pay EUR 37.6m in Dividends

Date: 28.05.2020 Author: Peter Palčec
Serbian NIS to Pay EUR 37.6m in DividendsPhoto: © European Communities, 2009

The Serbian oil and gas company Naftna industrija Srbije (NIS) will pay 25% of the net profit the company generated in 2019 in dividend payments. Thus, out of the RSD 17.7 billion (EUR 150.5 million)

KMGI Continues Extension of Its Fuel Network in Romania and Bulgaria

Date: 27.05.2020 Author: Peter Palčec
KMGI Continues Extension of Its Fuel Network in Romania and BulgariaPhoto: Victor Habbick via FreeDigitalPhotos

The oil refiner KazMunayGas International (KMGI) - the former Romanian Rompetrol Group, a subsidy of KazMunayGas (KMG), the state-owned oil and gas company of Kazakhstan - continued to expand its

Montenegrin Jugopetrol Reduces Net Loss in Q1 2020

Date: 27.05.2020 Author: Peter Palčec
Montenegrin Jugopetrol Reduces Net Loss in Q1 2020Photo: © European Communities, 2009

Jugopetrol, Montenegro’s largest oil company, generated a net loss of EUR 82,186 in the first quarter of 2020, which is a significant reduction compared to the same period last year when the company

Slovenian Petrol Group’s Net Profit Up 20% in Q1 2020; 2020 Business Plan Will Not Be

Date: 25.05.2020 Author: Peter Palčec
Slovenian Petrol Group’s Net Profit Up 20% in Q1 2020; 2020 Business Plan Will Not Be AchievedPhoto: Petrol

The Slovenian Petrol Group generated an adjusted gross profit of EUR 105.3 million in the first quarter of 2020, which is at the same level as in 2019. The Petrol Group’s net profit amounted to EUR

Bulgarian Ministry of Finance Proposes Establishment of State Oil Company

Date: 19.05.2020 Author: Tanja Srnovršnik
Bulgarian Ministry of Finance Proposes Establishment of State Oil CompanyPhoto: Victor Habbick via FreeDigitalPhotos

The Bulgarian Ministry of Finance has proposed the establishment of a state oil company which will perform all the functions of the state reserve for storage and renewal of oil reserves, reported

COVID-19 An Opportunity for Big Oil to Further Transition Through Acquisitions

Date: 15.05.2020 Author: Tanja Srnovršnik
COVID-19 An Opportunity for Big Oil to Further Transition Through AcquisitionsPhoto: OMV Petrom

While investments in renewables from the Big Oil companies (except Norwegian Equinor) are expected to decline over the next three years due to COVID-19, these companies are expected to pump more

IEA Slightly Revises Up 2020 Oil Demand As Lockdowns Ease

Date: 15.05.2020 Author: Tanja Srnovršnik
IEA Slightly Revises Up 2020 Oil Demand As Lockdowns EasePhoto: Victor Habbick via FreeDigitalPhotos

The International Energy Agency (IEA) has slightly revised up its 2020 oil demand outlook compared to a month ago. Due to “better than expected mobility in OECD countries and the gradual easing of

Romanian Romgaz Looking to Diversify Its Energy Investments

Date: 15.05.2020 Author: Peter Palčec
Romanian Romgaz Looking to Diversify Its Energy InvestmentsPhoto: arhiv Energetike.NET

The Romanian natural gas producer and supplier Romgaz has launched a tender for a feasibility study aimed at exploring the opportunities to invest in wind or photovoltaic energy and biogas and


Subscribe to EN.NEWS

Receive En.news – energy news, interviews and commentaries. They will appear in your e-box every Tuesday and every Thursday, while every Wednesday you can receive our En.trading news. As Energetika.NET reader you will also be informed about energy events in Slovenia and SE Europe.

Your e-mail

SLO SEE & En.Trading news




Data will be used for receivers management and internal marketing research and will not be sold or distributed to third parties. By signing up for news, you are familiar with and agree with our Privacy Policy .
×

SUBSCRIBE TO EN.NEWS


Receive En.news – energy news, interviews and commentaries. They will appear in your e-box every Tuesday and every Thursday, while every Wednesday you can receive our En.trading news. As Energetika.NET reader you will also be informed about energy events



Email address






Data will be used for receivers management and internal marketing research and will not be sold or distributed to third parties.
By signing up for news, you are familiar with and agree with our general conditions.
×