INA commissioned two new gas fields in Medjumurje – Croatia, 28 July 2016

Croatian oil company INA started trial production of natural gas at two new gas fields Vuckovec and Zebanec in Medjumurje. The start of trial production at the third gas field Vukanovec is expected in early 2017. It is expected that these two new gas fields will increase INA’s overall hydrocarbons production in the second half […]

INA’s poor financial results in the first half of 2016 – Croatia, 28 July 2016

In the first half of 2016, Croatian oil company INA achieved net sales in the amount of 817.7 million euros, which is 32 % less than in the same period last year, while net profit fell more than 90 % as a result of falling oil and gas prices. According to INA’s financial report, the […]

JANAF’s net profit increased by 55.8 % in H1 2016 – Croatia, 28 July 2106

Croatian crude oil transportation company JANAF recorded a net profit of nearly 18 million euros in the first half of 2016, which is an increase of 55.8 % compared to the same period last year. In the first six months of 2016, JANAF achieved total revenues in the amount of 49.4 million euros which is […]