Tag: oil production

Oil production fell by 4.4 % in 2017 – Romania, 21 February 2018

According to the data from the National Institute of Statistics (INS), oil production in Romania in 2017 amounted to 3.42 million tons of oil equivalent, which is 4.4 % less than in the previous year. At the same time, Romania imported crude oil in the amount of 7.75 million tons of oil equivalent, which is […]

MOL started production at the Catcher oilfield in the North Sea – Hungary, 27 December 2017

Hungarian oil and gas company MOL and its partners in the project announced the start of oil production at the Catcher Development zone in the North Sea. The statement said that the production will be gradually increased in the coming months, initially from the Catcher field, followed by the Varadero and Bergman fields. MOL holds […]

Albania and Serbia top crude oil producers in Western Balkans – Region, 20 November 2017

According to the report published by the Greek Institute for Energy of Southeast Europe (IENE), Albania is the biggest producer of crude oil in the Western Balkans region with 21,100 barrels of oil per day, followed by Serbia with 20,560 barrels/day. On the other hand, Albania’s oil consumption stands at 24,000 barrels/day, while oil consumption […]