Browsing: oil industry

Bulgarian Government announced that it has extended concession agreement for Dolni Lukovit onshore oil and gas perimeter signed with local company Oil and Gas Exploration and…

At the end of 2019, NIS, which holds 66 % stake in Jadran-Naftagas, submitted to a request to the antimonopoly authority of Bosnia and Herzegovina in…

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…

The Government of North Macedonia said that it had decided to increase the excise duty on petroleum products by 0.049 euros per liter. The additional funds…

Montenegrin oil company Jugopetrol’s operating revenues in the past year amounted to 158.5 million euros, which is 3.2 % lower compared to 2018, while its operating…

MOL is now the third-largest partner in the supergiant oil field with estimated total gross recoverable reserves of around 3 billion barrels of oil. The statement…

After an auction held on 8 April failed to attract offers, state-owned oil company Albpetrol decided to cancel the sale of 117,639 tons of crude oil.…

As demand decreases due to coronavirus outbreak, the largest oil producer operating in Albania Canadian-Chinese oil producer Bankers Petroleum, has reduced its output. According to local…

The Romanian Federation of Petroleum and Gas Employers (FPPG) calls on the Government for ongoing consultations in order to prioritize the projects aimed at really supporting…

The purchase of the remainder of Hungarian solar portfolio of Chinese solar project developer ReneSola is completed by the Denmark-based renewable energy company Obton gas. The…