1. English Edition

English Edition

Serbia - Russia Reach Agreement on Settlement of Gas

Serbia - Russia Reach Agreement on Settlement of Gas

Παρ, 7 Νοεμβρίου 2014 - 16:40

Serbian prime minister Aleksandar Vucic has agreed with Russian president Vladimir Putin a model for the settlement of the Southeast European country's gas supply debts towards Russia, the government in Belgrade said

Turkeys OMV Petrol Ofisi 9-Mo Cons Net Profit Decreases 25%

Turkey's OMV Petrol Ofisi 9-Mo Cons Net Profit Decreases 25%

Παρ, 7 Νοεμβρίου 2014 - 16:36

Turkish fuel products and lubricants distributor OMV Petrol Ofisi, a unit of Austria's OMV, said on Thursday its nine-month consolidated net profit declined 25% to 35.1 million Turkish lira ($15.7 million/12.5 million euro)

Romanias OMV Petrom 9-Mo Cons EBIT Drop 24% Sales Down 11%

Romania's OMV Petrom 9-Mo Cons EBIT Drop 24% Sales Down 11%

Παρ, 7 Νοεμβρίου 2014 - 16:34

Romania's top oil and gas group, OMV Petrom , said on Thursday its consolidated earnings before interest and taxes (EBIT)fell 24% to 3.45 billion lei ($1.0 billion/0.78 billion euro) in the the first nine monthsof 2014, while sales declined by an annual 11%

Eni OMV Marathon Oil MedOil Join INA in Croatian Offshore Tender

Eni OMV Marathon Oil MedOil Join INA in Croatian Offshore Tender

Πεμ, 6 Νοεμβρίου 2014 - 17:54

Eni, OMV, Marathon Oil and Med Oil have filed bids in the first licensing round forhydrocarbon exploration and production in Croatia's Adriatic Sea, Zagreb-based media reported late on Tuesday, quoting multiple unnamed sources close to the process

OMV Petrom Upgrades Lighting System in 345 Filling Stations

OMV Petrom Upgrades Lighting System in 345 Filling Stations

Πεμ, 6 Νοεμβρίου 2014 - 17:50

Romania's top oil and gas group, OMV Petrom, said on Wednesday it has spent 2.1 million euro ($2.6 million) on replacing the lighting systems in 345 filling stations with new, energy-efficient ones

INA Says Bids in Croatias Offshore Oil Gas Tender

INA Says Bids in Croatia's Offshore Oil Gas Tender

Τετ, 5 Νοεμβρίου 2014 - 18:18

Zagreb-based oil and gas company INA, said on Tuesday it has filed a bid in the first licensing round for the exploration and production of hydrocarbons in Croatia's Adriatic Sea

Saudis Play Market Oil Glut Drives Down Prices

Saudis Play Market Oil Glut Drives Down Prices

Τετ, 5 Νοεμβρίου 2014 - 15:44

On November 4, crude oil prices tumbled further to multi-year lows as price cuts by Middle Eastern producers signaled that a global glut will continue to grow.

Merkel Underlines Displeasure Over Russian Role

Merkel Underlines Displeasure Over Russian Role

Τρι, 4 Νοεμβρίου 2014 - 18:37

German Chancellor Angela Merkel underlined her displeasure over Russia's role in eastern Ukraine on Tuesday and said there is no reason yet to lift European Union sanctions

Bosnian Energy Co Ugljevik 9-Mo Net Loss Widens Sharply

Bosnian Energy Co Ugljevik 9-Mo Net Loss Widens Sharply

Δευ, 3 Νοεμβρίου 2014 - 19:35

Bosnian coal miner and energy producer RiTE Ugljevik, said on Friday its net loss widened to 32.9 million marka ($21.3 million/16.8 million euro) in the first nine months of 2014 from 806,000 marka a year earlier

Serbian Energy Min Says Deliveries of Russian Gas Down

Serbian Energy Min Says Deliveries of Russian Gas Down

Δευ, 3 Νοεμβρίου 2014 - 19:31

The deliveries of Russian gas to Serbia have dropped by 28% in the past week, but the country's energy system is stable and there is enough gas to meet demand, Belgrade-based media reported on Friday, quoting the Balkan country's energy minister Aleksandar Antic