Browsing: oil industry

In early April, Romanian natural gas producer Romgaz has confirmed that it submitted a binding offer to the US company ExxonMobil for the acquisition of a…

Montenegrin oil company Jugopetrol will propose to its shareholders a gross dividend payout from last year’s profit in the amount of 0.3 euros/share, totaling some 1.4…

Last year, Hungarian oil and gas company MOL decided not to pay dividends due to falling demand as a result of the coronavirus pandemic. The company…

Rating agency Standard & Poor’s (S&P) has affirmed the BBB- long-term and A-3 short-term credit rating of Slovenian energy group Petrol with stable outlook. S&P first…

Rainer Seele, CEO of Austrian OMV Group discussed the sale of its Romanian subsidiary OMV Petrom with the representatives of Mubadala investment fund from United Arab…

In the first quarter of 2021, hydrocarbon output of the largest Romanian oil and gas company OMV Petrom dropped to 138,900 barrels of oil equivalent per…

In 2020 Montenegrin oil company Jugopetrol recorded a net profit in the amount of 2.62 million euros, which is a decrease of some 39.5 % compared…

Italian Bonatti Group announced that it will be building the new Naphtha Complex at the Motor Oil’s refinery in Corinth. The construction project has been assigned…

The Croatian Government proposed to the Supervisory Board of oil transportation company JANAF that Stjepan Adanic remains the company’s CEO for a maximum of six months,…

INA recorded a net loss in the amount of 84 million euros in 2020, compared to 65 million euros profit in the previous year. 2020 was…