OIL AND OIL DERIVATES
Slovenian Petrol Sets Ambitious Goals for 2020
Date: 13.12.2019 Author: Tanja Srnovršnik
Photo: Petrol
The Slovenian Petrol Group has set ambitious goals for 2020. The Group plans a net profit for 2020 of EUR 109.8 million, while it foresees a gross profit totalling EUR 510 million and sales revenue of
Romania's Power Imports Up 87.8% in First Ten Months of 2019
Date: 13.12.2019 Author: Peter Palčec
Photo: Andreja Krašna
Romania's electricity imports increased by 87.8% to 3,984.2 GWh in the first ten months of 2019 compared to the same period in 2018, while electricity exports fell by 42.5% to 2,748.2 GWh, reported
New Desulphurisation System of Republika Srpska’s Ugljevik TPP Enters Trial Mode
Date: 09.12.2019 Author: Peter Palčec
Photo: www.riteugljevik.com
The new flue gas desulphurisation system at Republika Srpska’s 300 MW Ugljevik coal-fired power plant (TPP), an investment worth EUR 80 million, was put into trial operation on Thursday, reported
Croatian INA to Continue Hydrocarbon Exploration in the Dinaric Area
Date: 09.12.2019 Author: Peter Palčec
Photo: Tanja S. Volarič
The Croatian government has issued a decision authorising the Croatian gas and oil company INA to continue the exploration of potential oil and gas fields in Podravina and the Dinaric area, states a
Nuclear Energy Squeezed Out of EU Green Finance Scheme
Date: 09.12.2019 Author: Peter Palčec
Photo: www.seas.sk
The European Greens claimed victory on 5 December after EU negotiators reached agreement on a green finance taxonomy aimed at channelling billions of private investors’ money into clean
Romanian OMV Petrom to Resume Black Sea Investments Following Regulatory Changes
Date: 06.12.2019 Author: Peter Palčec
Photo: Alenka Lena Klopčič
The Romanian oil and gas group OMV Petrom has announced that the company is ready to resume investments of billions of euro in the Neptun Deep gas project in Romania’s Black Sea section once the new
Ćorić: Croatia Needs to Become As Little Energy-Dependent As Possible
Date: 04.12.2019 Author: Tanja Srnovršnik
Photo: MZOE
Croatia needs to be made as little energy-dependent as possible in the context of supply routes and production, said the country’s Minister of Environment and Energy, Tomislav Ćorić, on Tuesday at
BiH’s Brod Oil Refinery to Begin Operating Again in Mid-2020
Date: 28.11.2019 Author: Peter Palčec
Photo: Alenka Lena Klopčič
Republika Srpska’s Minister of Energy and Mining, Petar Đokić, has said that he expects Bosnia’s and Herzegovina’s (BiH) Brod oil refinery to return to production in the middle of next year
Exxon Expects EUR 226.08m for 50% Stake in Romanian Neptun Deep Gas Project
Date: 25.11.2019 Author: Peter PalčecPhoto: Alenka Lena Klopčič
The U.S. oil group ExxonMobil is accelerating its biggest asset sales in decades with plans to divest up to USD 25 billion (EUR 22.6 billion) of oil and gas fields in Europe, Asia and Africa, reported
Croatian INA’s Board of Directors Approves Due Diligence Process
Date: 22.11.2019 Author: Peter Palčec
Photo: INA
The Croatian government has sent a request to the Croatian gas and oil company INA to start a due diligence process regarding the possible purchase of the Hungarian oil and gas company MOL’s shares
Romanian OMV Petrom Successfully Removes Gloria Jack-up Rig
Date: 20.11.2019 Author: Tanja Srnovršnik
Photo: OMV Petrom
The Romanian oil and gas company OMV Petrom has completed the removal of the Gloria jack-up rig from its production location in the Black Sea. The Gloria platform was successfully transported to
EIB - the World’s First Public Lender to Abandon Fossil Fuel Investments
Date: 18.11.2019 Author: Peter Palčec
Photo: Roman Peklaj
The European Investment Bank (EIB) has become the world’s first public lender to commit to ending funding for coal, oil and gas. The bank has agreed to stop providing loans for fossil fuel projects
