Browsing: Oil

The Association of Bulgarian fuel traders, producers and importers said in a statement that it supports the establishment of such state-owned company, as it believes that…

Due to boosted production despite the coronavirus pandemic, first-quarter core profit had topped estimates, rising 4 % for Greek oil refiner Hellenic Petroleum (ELPE). ELPE, which…

Bosnian Modrica oil refinery, part of Optima Group, said it has recorded a net loss in the amount of some 450,000 euros in the first quarter…

Petromidia refinery in Navodari was offline since mid-March, while Vega refinery in Ploiesti partially reduced its production activity for a series of turnaround works and due…

Oil refinery OKTA, owned by Greek Hellenic Petroleum,distributed dividend in the amount of 1.19 euros/share last year. The company will now propose to its shareholders a…

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…