Browsing: oil market

Compared to a profit of around 138 million euros in the same period last year, mostly due to increased foreign exchange and inventory losses, Hungarian oil…

Petromidia refinery in Navodari was offline since mid-March, while Vega refinery in Ploiesti partially reduced its production activity for a series of turnaround works and due…

Oil refinery OKTA, owned by Greek Hellenic Petroleum,distributed dividend in the amount of 1.19 euros/share last year. The company will now propose to its shareholders a…

The MOL company’s three oil refineries in Hungary, Slovakia and Croatia are operating at reduced capacity due to lower demand caused by the pandemic, Zsolt Hernadi…

The Energy Community Secretariat assessed the current status of financial liquidity of the electricity sector, compiled information about support from international financial institutions and commercial banks…

The dramatic fall in oil prices on the world market and the fall in demand for oil and petroleum products in the context of the COVID-19…

Despite low oil prices, the shareholders of Romanian largest oil and gas producer OMV Petrom approved the distribution of dividends in gross value of some 360…

Shareholders of Romanian oil pipeline operator Conpet Ploiesti, in which the state holds 58.7 % stake, approved the distribution of dividend for 2019 in total amount…

Serbian oil company NIS said in a statement that works are underway to correct the observed irregularities as soon as possible in order to resume the…

The coronavirus outbreak and the efforts to contain it affect the global economy and, as a result, have a negative impact on prices and demand for…