Tag: oil production

Bulgaria and Greece signed Memorandum of Cooperation in energy sector – Region, 26 February 2020

Greece and Bulgaria signed several memoranda of cooperation on security, economy, energy, transport, infrastructure and cross-border cooperation during the 4th Greece-Bulgaria High Level Cooperation Council in Alexandroupoli. Greek Prime Minister Kyriakos Mitsotakis said in joint statements with his Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading […]

INA recorded 59 % lower net profit in 2019 – Croatia, 20 February 2020

Croatian oil company INA said that it has recorded a consolidated net profit in the amount of 65 million euros in 2019, which is 59 % lower compared to the previous year. In 2019, INA Group revenues amounted to 3.03 billion euros, which is a stable performance compared to 2018, despite the more c Full […]

Oil imports rose by 2.4 % in the first ten months of 2019 – Romania, 22 January 2020

According to the data provided by Romanian National Institute for Statistics (INS), in the first ten months of 2019 Romania imported 7.17 million tons of crude oil equivalent, which is by 2.4 % more than in the same period last year. At the same time, crude oil production in Romania amounted to 2 Full article […]