Tag: Albania

Bankers Petroleum resumed production at Patos-Marinza oil field – Albania, 9 June 2016

Canadian-based oil company Bankers Petroleum announced that it has resumed its usual activities in Albania after the Petrolifera Italo Albanese (PIA) Terminal port facility near Vlore resumed its operation. Production at Patos-Marinza oil field has been resumed after a six-day halt and it is expected that it will reach pre-closure production levels over the next […]

Bankers Petroleum temporarily shuts-in production – Albania, 3 June 2016

According to the announcement by Canadian-based oil company Bankers Petroleum, it has started to temporarily shut-in its production on 3 June in Albania due to business interruption at the Petrolifera Italo Albanese (PIA) Terminal port facility near Vlore. The suspension of this export facility was due to the crude oil leak which occurred on 22 […]

11.6 million euros to be invested in HPP Vau Dejes modernization – Albania, 25 May 2016

Albanian power utility KESH announced that it plans to invest some 11.6 million euros in 2016 in the modernization of hydropower plant Vau Dejes, which is a part of Drin cascade. The modernization will increase the efficiency of this 250 MW hydropower plant as well as the safety of its dams. Full article available for […]