Tag: oil

INA presented project for the construction of bio refinery in Sisak – Croatia, 12 May 2021

At the meeting of the Management Board of Croatia oil company INA, the status of the bio refinery project in Sisak and plans for the next period were presented. INA is currently in the process of transforming its business, primarily the refining segment, and upgrading the existing value chain. T Full article available for subscribers […]

OKTA bounces back to profit in Q1 2021 – Macedonia, 11 May 2021

North Macedonian oil refinery OKTA, owned by Greek Hellenic Petroleum recorded a net profit in the amount of 2.3 million euros in the first quarter of 2021, compared to a net loss of 4.75 million euros recorded in the same period last year. The company’s sales revenues dropped by 13.4 % in the fi Full […]

NIS significantly improved financial results in Q1 2021 – Serbia, 11 May 2021

NIS Group’s operations in the first quarter of 2021 were strongly influenced by circumstances arising from the coronavirus pandemic. Nevertheless, NIS has significantly improved its financial results compared to the first quarter of last year. Measures to improve operational efficiency and financ Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]