Browsing: hydrocarbon

This year, Croatia has halted its declining hydrocarbon production trend. While INA previously supplied 30% of domestic demand five years ago, this has now dropped to…

Hungarian MOL Group has signed a Memorandum of Understanding (MoU) with Turkish Petroleum Corporation (TPAO) to establish a strategic partnership focused on hydrocarbon exploration and exploitation.…

The Greek Hydrocarbons and Energy Resources Management Company (HEREMA) has announced the successful completion of the first phase of hydrocarbon surveys conducted by ExxonMobil and HellenIQ…

A local subsidiary of Canadian Vermilion Energy has announced the discovery of a commercially viable oil and gas field near Kutina in central Croatia. The discovery…

The Hellenic Hydrocarbons and Energy Resources Management Company, has granted a 12-month extension, until March 2025, to a hydrocarbon exploration license held by Energean and Helleniq…

The RES special account’s share of carbon emission rights revenues has been increased to 14.61 percent for 2024, up from 3.8 percent in 2023, the energy…

Oil and gas company INA said that its consolidated net profit in 2023 remained the same as the previous year, at 250 million euros, amidst a…

Initial results of 2D seismic surveys conducted by the ExxonMobil-Helleniq Energy consortium at plots off Crete are expected in March when the consortium plans to inform…

Romanian natural gas producer and supplier Romgaz reported a volume of extracted natural gas of 4.79 billion cubic meters – 30.97 million boe (oil equivalent barrels)…

Romania added 624 MW of new electricity generation capacity last year, which is nearly a tenfold increase compared to 2022, according to the energy ministry. Romania…