OMV Petrom is part of Austrian OMV Group and the largest Romanian oil and gas producer. They said that they activated its business continuity plan in…
Browsing: oil industry
The dividend payout will amount to a total of some 230,000 euros, representing 50 % of the company’s profit in 2019. Oil Terminal convened the general…
Croatian oil company INA proposed to significantly lower dividends for 2019. Their plan is to distribute dividends in the amount of 8.8 euros per share for…
An offshore discovery in the Norwegian North Sea, at the 820S concession area some 200 kilometers west of Stavanger was announced by Hungarian oil and gas…
Makpetrol’s operating revenues increased by 4 % to 367.5 million euros in 2019, while operating expenses also rose by 3.9 %, reaching over 353 million euros…
Energean has made a considerable effort to keep Greece’s sole oil field alive through major investment, required to achieve acceptable production levels. However, production at this…
North Macedonian oil refinery OKTA, owned by Greek Hellenic Petroleum remains the main supplier of fuel in North Macedonia , covering more than half of the…
Croatian Minister of Energy and Environment Tomislav Coric said that an advisor, chosen by the Government in the transaction of a possible purchase of INA shares…
The Albanian Competition Authority said that it has launched an investigation of suspected restriction of competition by Canadian-Chinese oil producer Bankers Petroleum. The statement from the…
The Government of Montenegro has extended Energean Oil & Gas’s licence by a year to explore two offshore blocks as the company required more time. Montenegro…