Browsing: Oil

The MOL company’s three oil refineries in Hungary, Slovakia and Croatia are operating at reduced capacity due to lower demand caused by the pandemic, Zsolt Hernadi…

Despite low oil prices, the shareholders of Romanian largest oil and gas producer OMV Petrom approved the distribution of dividends in gross value of some 360…

Shareholders of Romanian oil pipeline operator Conpet Ploiesti, in which the state holds 58.7 % stake, approved the distribution of dividend for 2019 in total amount…

According to unions, recent financial reports clearly show the gravity of the consequences of the economic crisis and its effects on the INA Group, jeopardizing more…

Serbian oil company NIS said in a statement that works are underway to correct the observed irregularities as soon as possible in order to resume the…

The outbreak of the COVID-19 pandemic, coupled with the disagreement within OPEC+, have led to a parallel supply and demand shock on global oil markets which…

Croatian oil transportation company JANAF recorded a net profit in the amount of 10.4 million euros in the first quarter of 2020, which is 2.8 %…

The shareholders of Oil Terminal, a company which operates the oil terminal in Constanta port, approved the payout of dividends for 2019 in the amount of…

Romania will not be affected, in the short term, by the drastic drop in the price of oil in the United States, given that the country…

Brent oil quotation fell to 21 dollars/barrel after WTI oil, a benchmark for the US market, was traded at negative price at -37 dollars/barrel for futures…