ELPE privatization could be abandoned if alternative revenues are found – Greece, 09 April 2019

According to the Energy Ministry officials, the sale of 50.1 % stake in Greek oil refiner Hellenic Petroleum (ELPE), which first run failed last week, could be completely abandoned if the Government manages to find alternative ways to raise 500 million euros expected from ELPE’s privatization. EL Full article available for subscribers of Energy NEWS […]

No binding bids for ELPE privatization received – Greece, 04 April 2019

No binding bids have been submitted on a tender for the sale of 50.1 % stake in Greece’s biggest oil refiner Hellenic Petroleum (ELPE)- Greek privatization agency TAIPED said that the lack of bids was due to reasons related to the short-listed parties and recent developments in the international Full article available for subscribers of […]

Jugopetrol recorded lower profit in 2018 – Montenegro, 01 April 2019

Montenegrin oil company Jugopetrol recorded a net profit in the amount of 6.77 million euros in 2018, which is a decrease of 11.3 % compared to the previous year. The company’s operating revenues rose by 21.2 % in 2018 amounted to 163.8 million euros, while its operating expenditures increased by Full article available for subscribers […]