Browsing: oil

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)…

Macedonia-based oil refinery Okta announced that its net profit declined by 65% in 2023 to 191.7 million denars (3.1 million euros). In the same period, the…

The overhaul of the Pancevo oil refinery begins on March 1 and will last until April 17, oil company NIS announced. NIS added that the Serbian…

In 2023, compared to the year before, Serbia increased the total physical volume of exports by 2.6%, while prices fell by 1.3%, and the total value…

Neptun Deep will start gas production in 2027, and Romgaz is restarting the drilling program in the Caragele perimeter, after years of blockages, the Minister of Energy,…

Croatian oil pipeline operator Janaf said that its net profit rose 27.6% in 2023 to 51.9 million euros. Gross profit rose 26.7% to 63.4 million euros…

In an authored article for Energija Balkana, Tomislav Mićović, the Secretary-General of the Association of Oil Companies of Serbia, says that about ten years ago, the…

Macedonian Securities and Exchange Commission (SEC) has given the green light to fuel storage and transport company Oilko KDA to proceed with its planned takeover of…