Oil

International Internet Magazine. Baltic States news & analytics Thursday, 18.04.2019, 23:51

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Polish PM promises Orlen's expansion in Lithuania

Polish PM promises Orlen's expansion in Lithuania

08.04.2019

Polish Prime Minister Mateusz Morawiecki, currently on a visit to Lithuania, has pledged that Polish oil giant Orlen will expand its operations in Lithuania, informed LETA/BNS.

Keyword tags: EU – Baltic States, Lithuania, Markets and Companies, Oil



Lithuania's Klaipedos Nafta revenue down 5.4% to EUR 26.3 mln

Lithuania's Klaipedos Nafta revenue down 5.4% to EUR 26.3 mln

05.04.2019

Lithuania's state-run oil and LNG terminal operator Klaipedos Nafta posted 26.3 mln euros in revenue in January-March, down 5.4% from 27.8 mln euros during the same period last year, informed LETA/BNS.

Abu Dhabi based Liwathon acquires Estonian fuel transit co Vopak E.O.S.

Abu Dhabi based Liwathon acquires Estonian fuel transit co Vopak E.O.S.

03.04.2019

Royal Vopak N.V. and Global Ports Investments PLC publicly announced the sale of Vopak E.O.S., the largest independent oil products terminal operator in the Baltic region. Abu Dhabi based Liwathon acquired all shares in the company, which will be renamed Liwathon E.O.S, BC informed Liwathon representative.


Lithuania's Klaipedos Nafta revenue down 21% to EUR 8.7 mln

Lithuania's Klaipedos Nafta revenue down 21% to EUR 8.7 mln

07.02.2019

Lithuania's state-run oil and LNG terminal operator Klaipedos Nafta posted 8.7 mln euros in revenue in January, down 20.9% from 11 mln euros during the same period last year, informed LETA/BNS.

Swiss lawyer Meroni has gained control over Ventbunkers - newspaper

Swiss lawyer Meroni has gained control over Ventbunkers - newspaper

01.02.2019

Swiss lawyer Rudolf Meroni has gained control over Latvia’s Ventbunkers oil terminal, the daily newspaper Diena reports on Friday, reports LETA/BNS.


30.01.2019

Lithuania's Klaipedos Nafta picks Roland Berger as advisor on new 10-year strategy

Lithuania's state-run oil and LNG terminals operator Klaipedos Nafta said on Tuesday it has selected the global strategy consulting firm Roland Berger as its advisor in drawing up a new 10-year business strategy, reported LETA/BNS.

28.01.2019

Orlen Lithuania increases capital spending 17 pct to EUR 71 mln in 2018

Orlen Lietuva, the Lithuanian unit of Poland's oil group Orlen, increased its capital expenditure (CapEx) to 70.8 mln euros (304 mln zlotys) last year, up 16.6 % from 60.7 mln euros in 2017, reported LETA/BNS.

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