OIL AND OIL DERIVATES

Canadian Vermillion to Start Drilling for Oil and Gas in Croatia on 17 June

Date: 14.06.2019 Author: Tanja Srnovršnik
Canadian Vermillion to Start Drilling for Oil and Gas in Croatia on 17 JunePhoto: Tanja S. Volarič

Canadian Vermilion will start drilling for oil and gas in the Croatian region of Slavonia on 17 June, said the Croatian Hydrocarbon Agency (AZU) on Wednesday.

FBiH’s Government Signs Consulting Agreement for Oil Exploration

Date: 14.06.2019 Author: Peter Palčec
FBiH’s Government Signs Consulting Agreement for Oil ExplorationPhoto: Victor Habbick via FreeDigitalPhotos

The government of the Federation of Bosnia and Herzegovina (BiH) has signed a contract with the British energy consultant company IHS Global, which will assist the government in preparing a tender for

Croatia Needs to Better Exploit Its Energy Potential

Date: 30.05.2019 Author: Peter Palčec
Croatia Needs to Better Exploit Its Energy PotentialPhoto: Roman Peklaj

“Croatia has a bright energy future, but it needs to make better use of its energy potential and prepare well for the transition to cleaner energy sources." This was the main message of a conference

EBRD's New Strategy Foresees A More Sustainable Energy Mix for North Macedonia

Date: 29.05.2019 Author: Peter Palčec
EBRD's New Strategy Foresees A More Sustainable Energy Mix for North MacedoniaPhoto: www.pixabay.com

The board of directors of the European Bank for Reconstruction and Development (EBRD) has approved a new country strategy for its involvement with North Macedonia over the next five years to 2024. The

IEA: Energy Technologies Failing to Keep Pace With Clean Energy Transitions Goals

Date: 29.05.2019 Author: Peter Palčec
IEA: Energy Technologies Failing to Keep Pace With Clean Energy Transitions GoalsPhoto: Roman Peklaj

The International Energy Agency’s (IEA) latest assessment of clean energy transitions finds that the vast majority of technologies and sectors are failing to keep pace with long-term goals. Of the

Romania’s Petromidia Refinery to Increase Sales on Domestic Market

Date: 29.05.2019 Author: Peter Palčec
Romania’s Petromidia Refinery to Increase Sales on Domestic MarketPhoto: Victor Habbick via FreeDigitalPhotos

Romania’s largest refinery Petromidia, which is owned by the oil refiner KazMunayGas International (KMGI) - the former Romanian Rompetrol Group, a subsidy of KazMunayGas (KMG), the state-owned oil

Ante Aralica Appointed New CEO of MOL Serbia

Date: 29.05.2019 Author: Peter Palčec
Ante Aralica Appointed New CEO of MOL SerbiaPhoto: MOL archive

Ante Aralica has been appointed to the position of CEO of MOL Serbia, a subsidiary of the Hungarian oil and gas company MOL, reported SEEbiz.eu.

Shell Confirms Significant Oil Potential of Albanian Shpirag Region

Date: 28.05.2019 Author: Peter Palčec
Shell Confirms Significant Oil Potential of Albanian Shpirag RegionPhoto: Tanja S. Volarič

Initial tests on the Shell Upstream Albania (Shell) Shpirag-4 appraisal well near Berat in central Albania have confirmed the flow potential of a significant light oil discovery. “The Shpirag

Production of Diesel at INA’s Rijeka Oil Refinery Temporarily Halted

Date: 28.05.2019 Author: Peter Palčec
Production of Diesel at INA’s Rijeka Oil Refinery Temporarily HaltedPhoto: F. Budva

Several accidents occurred in April and May at Croatia’s Rijeka refinery, which has resulted in delays in the production of gasoline. The refinery also entered into an overhaul process at the

Three Contracts Signed for Supply of Gas to BiH’s Brod Oil Refinery

Date: 27.05.2019 Author: Peter Palčec
Three Contracts Signed for Supply of Gas to BiH’s Brod Oil RefineryPhoto: Alenka Lena Klopčič

Republika Srpska’s Brod oil refinery, the Croatian company Crodux plin, the Croatian gas TSO, Plinacro, and the Russian company Zarubezhneft, which is also the owner of the refinery, signed three

Romanian OMV Petrom To Decommission the Gloria Offshore Platform

Date: 27.05.2019 Author: Peter Palčec
Romanian OMV Petrom To Decommission the Gloria Offshore PlatformPhoto: Alenka Lena Klopčič

The Romanian oil and gas group OMV Petrom has signed a contract for the decommissioning of the Gloria jack-up offshore rig. The decommissioning of the Gloria offshore platform, which has reached the

Romanian OMV Petrom Completes EUR 19m Modernisation of Arad Fuel Terminal

Date: 22.05.2019 Author: Tanja Srnovršnik
Romanian OMV Petrom Completes EUR 19m Modernisation of Arad Fuel TerminalPhoto: Petrom

The Romanian oil and gas company OMV Petrom has completed the modernisation of the Arad fuel terminal, the largest in western Romania and the second largest in the country. The project required an

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