Tag: oil production

Crude oil imports fell by 22.4 % in the first ten months – Romania, 24 December 2020

According to the data provided by Romanian National Institute for Statistics (INS), in the first ten months of 2020 Romania imported 5.563 million tons of crude oil equivalent, which is by 1.607 million tons of oil equivalent or 22.4 % less than in the same period last year. At the same time, cru Full article […]

MOL’s daily oil production at ACG block reached 8.2 million barrels – Hungary, 31 August 2020

Hungarian oil and gas company MOL produced 8.2 million barrels of oil per day from Azerbaijan’s Azeri-Chirag-Guneshli (ACG) block of fields in the Caspian Sea in the first half of 2020. MOL started production of Azerbaijani oil after acquiring the shares of US company Chevron in Azeri-Chirag-Gune Full article available for subscribers of Energy NEWS […]

Dolni Lukovit hydrocarbon concession extended – Bulgaria, 22 April 2020

Bulgarian Government announced that it has extended concession agreement for Dolni Lukovit onshore oil and gas perimeter signed with local company Oil and Gas Exploration and Production by additional 15 years. The statement from the Government said that the company requested the extension because Full article available for subscribers of Energy NEWS service (PDF publications, […]