Browsing: oil industry

The largest Romanian oil and gas company OMV Petrom has obtained a license to commercialize liquefied natural gas (LNG), thus diversifying its activities in the gas…

Romanian Competition Council said that it is analyzing the transactions through which OMV Petrom outsources some well repair services, operations related to oil and natural gas…

Shareholders of Montenegrin oil company Jugopetrol approved the distribution of a gross dividend from last year’s profit in the amount of 0.4 euros/share, totaling some 1.86…

Shareholders of Croatian oil transportation company JANAF should vote on the distribution of dividends from last year’s profit in the amount of some 10.9 euros/share, at…

The agreed purchase price is 301 million euros (100 % share of OMV Slovenia); MOL Group reached an agreement with OMV to acquire OMV’s 92.25 %…

According to the statement from Serbian oil company NIS, the medium-term investment plan, from 2021 to 2023, plans investments in the amount of 1.5 million euros…

Romanian government will not ask natural gas producer Romgaz and electricity producer Nuclearelectrica to distribute as dividends 90% of their 2020 profits, as it did with…

In Montenegro The largest fuel retailers are Jugopetrol, owned by Greek Hellenic Petroleum (ELPE) and Croatian INA. Jugopetrol recorded revenues in the amount of 87 million…

Lukoil, which owns the largest oil refinery in the Balkans, which is also located near Burgas, has paid almost no corporate tax to the state in…

For years, Croatia has struggled for its oil/petroleum products reserves to reach three-month consumption, but as it is not good for the state to have too…