Albpetrol, Albania’s state-owned oil company, reported a total oil production of 70,248 tons in 2024, marking a 1.9% increase from the previous year. The Gorisht-Kocul carbonate…
Energy group MOL has drilled a new oil well in Vecses, in central Hungary, to further explore and increase production from the oil field discovered in…
BP, as operator of the Azeri-Chirag-Gunashli (ACG) project, in which Hungarian MOL holds a 9.57% stake, announced the start-up of oil production from the new Azeri…
Investment firm Alpha Bulgaria will seek shareholder approval to buy up to 200,000 shares in local motor and industrial oil producer Prista Oil Holding worth 20…
In Serbia, oil production is carried out at 870 oil wells and 69 gas wells in operation, employing various extraction methods. Additionally, in 2023, 42 new…
The main oil producers in the EU in 2021 were Italy (4.8 million tons), Denmark and Romania (each with 3.2 million tons). Compared to 2020, production…
According to the Director of Exploration and Production at Hungarian oil and gas company MOL Adam Homonnay, exploration activities in the Ullo of the Dany concession…
In the first half of 2020, Hungarian oil and gas company MOL produced 8.2 million barrels of oil per day from Azerbaijan’s Azeri-Chirag-Guneshli (ACG) block of…