Browsing: oil market

The first trial term, filed in administrative litigation at the Bucharest Court of Appeal, was set for mid-October. Largest Romanian oil and gas company OMV Petrom…

Compared to the same period last year, Romanian largest oil and gas company OMV Petrom, a part of Austrian OMV Group, recorded 56 % lower net…

Croatian oil transportation company JANAF recorded a slightly net profit increase. Net profit in the amount was 19.85 million euros in the first half of 2020,…

The bankrupt refinery RAFO Onesti was purchased by Romanian railway transport company Grampet for some 6 million dollars plus VAT. The company plans to turn the…

State Department is taking steps which could open to US sanctions under a 2017 law investors in two pipeline projects that will carry natural gas from…

The Varazdin municipality is planning to sell its share in the most profitable of municipal companies – gas distributor and supplier Termoplin, according to local media.…

In order to manage storage and replenishment of the country’s oil reserves, the Bulgarian Parliament has adopted legal amendments necessary for the establishment of state-owned company.…

OMV Petrom’s hydrocarbon production dropped by 2.64 % year-on-year in the second quarter of 2020, reaching 147,300 barrels of oil equivalent per day. OMV Petrom is…

Shareholders of Croatian oil transportation company JANAF should vote on the distribution of dividends from last year’s profit in the amount of some 9.8 euros/share, at…

The statement from the NIS company said that it will distribute 25 % of last year’s profit as dividend. Shareholders of Serbian oil company NIS approved…