Oil

International Internet Magazine. Baltic States news & analytics Wednesday, 22.11.2017, 03:49

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Crude imports via Butinge up 4.4% in January-October

Crude imports via Butinge up 4.4% in January-October

17.11.2017

Lithuania's Butinge crude terminal, which is owned by Orlen Lietuva, the Lithuanian unit of Poland's PKN Orlen, handled 8.047 million tons of crude during the first ten months of 2017, up by 4.4% year-on-year, informs LETA/BNS.

Keyword tags: Energy, Good for Business, Lithuania, Oil, Port, Transport



Klaipedos Nafta to invest up to EUR 21 mln in embankment reconstruction

Klaipedos Nafta to invest up to EUR 21 mln in embankment reconstruction

15.11.2017

Lithuania's oil product and liquefied natural gas (LNG) terminals operator Klaipedos Nafta (Klaipeda Oil) intends to invest up to 20.9 million euros (including VAT) in reconstruction of embankments, reports LETA/BNS.

Orlen economist in Vilnius: crude refineries must be modernized

Orlen economist in Vilnius: crude refineries must be modernized

15.11.2017

Orlen's chief economist says that modernization may help increase the competitiveness of the Polish group's crude refineries, noting that new technologies and process digitalization is a must as refining margins will go down sooner or later., writes LETA/BNS.


Handling of oil products at VNT terminal shrinks 8.1% in 9 months

Handling of oil products at VNT terminal shrinks 8.1% in 9 months

06.11.2017

Ventspils Nafta Terminals (VNT), a subsidiary of Ventspils Nafta holding, in the first nine months of this year reloaded 5.14 million tons of oil products, which is by 454,000 tons or 8.1% lower than in the respective period last year, the company said LETA.

Revenue of Estonian Alexela Oil grew by 11% in 9 months

Revenue of Estonian Alexela Oil grew by 11% in 9 months

01.11.2017

The revenue of the Estonian motor fuel seller Alexela Oil in the first nine months of 2017 totaled 103 million euros, 11% more than in the same period in 2016, informs LETA/BNS.


31.10.2017

Klaipedos Nafta expects 2017 net profit to be at least at last year's level

Lithuania's oil product and liquefied natural gas (LNG) terminals operator Klaipedos Nafta (Klaipeda Oil) expects its 2017 annual net profit to be close to or slightly higher than last year's 13.8 million euros, reports LETA/BNS.

05.10.2017

Klaipedos Nafta raises September revenue by fifth

Klaipedos Nafta (Klaipeda Oil), operator of the Lithuanian liquefied natural gas (LNG) terminals, raised its September revenue by a fifth, however, its revenue for the first nine months of this year was below the 2016 level, informs LETA/BNS.

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