Oil

International Internet Magazine. Baltic States news & analytics Saturday, 19.04.2014, 10:03

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Vopak E.O.S. will launch redundancies

Vopak E.O.S. will launch redundancies

16.04.2014

Estonia’s oil product terminals' operator Vopak E.O.S. announced that due to the complicated business environment, it will start cutting its general expenditures and also the number of employees, LETA/Postimees Online reports.

Keyword tags: Employment, Energy, Estonia, Oil, Transport



Lithuanian PM: poles do not plan to sell ORLEN Lietuva

Lithuanian PM: poles do not plan to sell ORLEN Lietuva

16.04.2014

Lithuania's Prime Minister Algirdas Butkevicius claimed he had not heard anything about the intentions of the Polish company PKN ORLEN to sell petroleum refining company ORLEN Lietuva on his visit to Mazeikiai-based company on Monday, cites LETA/ELTA.

Orlen Lietuva uses only 60% of its capacities

Orlen Lietuva uses only 60% of its capacities

15.04.2014

The most difficult period in the entire history of the company. Almost 100 people are planned to be dismissed and an emergency plan is prepared. Mazeikiai-based petroleum refining company ORLEN Lietuva uses only 60% of its capacities, writes LETA/ELTA, referring to Lietuvos rytas.


PKN: prompt decisions of Lithuanian government about Orlen Lietuva are necessary

PKN: prompt decisions of Lithuanian government about Orlen Lietuva are necessary

14.04.2014

On Monday, Prime Minister Algirdas Butkevicius visited Mazeikiai-based petroleum refining company Orlen Lietuva, which is experiencing its most difficult time. During his visit, it was said that according to PKN ORLEN concern, it was necessary that both the Lithuanian government and other public legal entities in cooperation with Orlen Lietuva would take immediate decision to allow the company to continue its activities, informs LETA/ELTA.

Lithuanian PM concerned about Orlen Lietuva's plans to make redundancies

Lithuanian PM concerned about Orlen Lietuva's plans to make redundancies

14.04.2014

On Monday Prime Minister Algirdas Butkevicius will visit Mazeikiai-based petroleum refining company Orlen Lietuva, which is preparing an emergency plan and intends to make about 100 its employees redundant, LRT.lt said.

10.04.2014

Eesti Energia's Enefit oil factory finally starts working

After a long delay, Estonia's state-owned energy giant Eesti Energia has finally managed to get its shale oil factory to work in a stable way, LETA/Äripäev.ee reports.

09.04.2014

Fitch Ratings assigns international rating to PKN ORLEN

The Poland-based oil company Polski Koncern Naftowy ORLEN (PKN ORLEN), informed that on April 8, 2014, international ratings agency Fitch Ratings assigned PKN ORLEN a national rating of 'A- (pol)' for planned by the company issue of the Series F bonds, within the public bond issue program, PKN ORLEN said in a statement, cites LETA.

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