Browsing: oil

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…

The EU’s import dependency for the entire family of crude oil and petroleum products surged to a new record high of 97.7% in 2022. This increase…

Croatian oil and gas company INA announced that the fuel production at the Rijeka oil refinery has been gradually restarted following the completion of regular maintenance…

Croatian oil pipeline operator Janaf has signed a contract for oil transportation with local oil and gas group INA. The deal envisages the transportation of 2 million tonnes of…

JT Grup Oil, one of the most important companies in the Romanian fuel distribution market, announces the completion of the first phase of development of the…

Energetics such as electricity, coal and oil are exported from the Republika Srpska to Serbia in huge quantities, often to the detriment of the citizens of…

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…

Croatian oil and gas company INA Group and energy producer Vermilion Energy signed a deal to jointly explore oil and gas reserves in the SAVA-07 exploration…

At this moment, a fast-moving development is unfolding in Europe’s energy industry that is gaining more attention by the day. Europe’s energy crisis, triggered by Russia’s…

Rompetrol Rafinare, part of the KMG International Group, reported significant financial turbulence in 2023. The company’s net profits turned into a $270 million (249,5 million euro)…