Tag: oil

INA to distribute higher dividends – Croatia, 21 March 2019

The Management Board and Supervisory Board of Croatian oil company INA agreed on a proposal to distribute a total of 168.5 million euros, namely 16.85 euros/share. Therefore, Hungarian oil and gas company MOL, which holds 49.08 % of the company’s shares, will get around 82.5 million euros in divi Full article available for subscribers of […]

Energean’s profit almost doubled in 2018 – Greece, 21 March 2019

The increase of 45 % in production during 2018 resulted in significantly increased revenues and profit of Energean Oil & Gas in the past year. Energean produced on average 4,053 barrels of oil per day during 2018, which is 45 % higher than the 2,803 barrels per day achieved during 2017. The oil w Full […]

SOCAR plans to sell oil and oil products in Romania – Romania, 20 March 2019

Romanian subsidiary of the State Oil company of Azerbaijan – SOCAR Petroleum plans to sell oil and oil products produced at Turkish Petkim and STAR plants, as well as methanol and carbamide plants in Azerbaijan. At the same time, the company is considering plans to supply Azeri gas to end consume Full article available for […]