Browsing: oil market

In the period after lifting of the state of emergency in Serbia, the focus of NIS remains safe business, the health of our employees and consumers,…

The Association of Bulgarian fuel traders, producers and importers said in a statement that it supports the establishment of such state-owned company, as it believes that…

Due to boosted production despite the coronavirus pandemic, first-quarter core profit had topped estimates, rising 4 % for Greek oil refiner Hellenic Petroleum (ELPE). ELPE, which…

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…