Tag: refinery

Government awards INA 40-year concession to Urinj port – Croatia, 14 April 2021

The Croatian Government issued a decision granting oil company INA a 40-year concession on a maritime domain for the purpose of building and commercial use of a special purpose port – the industrial port of Urinj. This is a concession important for the modernization and reconstruction of the Rije Full article available for subscribers of […]

MOL started biofuel production at its Danube refinery – Hungary, 16 March 2021

Hungarian oil and gas company MOL announced that it has started the production of biofuel at its Danube refinery, through a process of mixing bio feedstock with fossil materials. Executive Vice President of MOL Downstream Gabriel Szabo said that MOL Group has been a biofuel user by purchasing mor Full article available for subscribers of […]

Modrica oil refinery recorded lower losses in 2020 – Bosnia and Herzegovina, 05 March 2021

Bosnian Modrica oil refinery, part of Optima Group, said it has recorded a net loss in the amount of 2.1 million euros in 2020, compared to a loss of 5.75 million euros recorded in the previous year. The company’s operated revenues dropped by 17 year-on-year % to 5.5 million euros last year, whil Full article […]