Tag: Other

Modrica refinery increased losses in H1 2020 – Bosnia and Herzegovina, 10 July 2020

Bosnian Modrica oil refinery, part of Optima Group, said it has recorded a net loss in the amount of some 870,000 euros in the first half of 2020, compared to a loss of some 780,000 recorded in the same period last year. The company’s operated revenues dropped by 25 % to 2.65 million euros in […]

1,056 GWh traded on IBEX in June – Bulgaria, 10 July 2020

A total of 1,056,442 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX) in June 2020, which is 12.3 % more compared to the previous month. Average daily traded volume in June amounted to 35,214.7 MWh. Traded volume in June 2020 was 72.2 % higher Full article available […]

Parliament adopted necessary amendments for the establishment of state oil company – Bulgaria, 10 July 2020

The Bulgarian Parliament has adopted legal amendments necessary for the establishment of state-owned company which will manage storage and replenishment of the country’s oil reserves. The new company will engage in the establishment and operation of tax warehouses, as well as storage and trade w Full article available for subscribers of Energy NEWS service (PDF publications, […]