Tag: financial

Rompetrol Rafinare recorded increased losses in 2020 – Romania, 02 March 2021

Rompetrol Rafinare, a member company of the KMG International Group, recorded a 220.1 million dollars net loss in 2020, compared to a 48.9 million dollars net loss in 2019. The statement from the company said that the decline was contributed to an unprecedented volatility in the oil market and th Full article available for subscribers […]

Energy imports bill fell by 35.8 % in January – Turkey, 01 March 2021

According to the data from the Turkish Statistical Institute (Turkstat), the country’s energy imports in January 2021 decreased by 35.8 % compared to the same month last year and amounted to 2.63 billion dollars. In comparison, energy imports in January 2020 stood at 3.58 billion dollars. The cou Full article available for subscribers of Energy […]

Electricity market shows signs of recovery – Bosnia and Herzegovina, 26 February 2021

At the beginning of 2021, the electricity market in Bosnia and Herzegovina (BiH) shows a tendency of recovery, after suffering shocks in 2020 caused by the consequences of the pandemic on production and consumption. President of BiH Committee of the International Council for Large Electrical Syst Full article available for subscribers of Energy NEWS service […]