Oil

International Internet Magazine. Baltic States news & analytics Friday, 01.08.2014, 16:52

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Results of VNT and LatRosTrans are stable in H1

Results of VNT and LatRosTrans are stable in H1

16.07.2014

Ventspils nafta Terminals (VNT), subsidiary of Ventspils nafta, transhipped 6.4 million tons of oil and petroleum products in the first six months of 2014. The amount of petroleum products transported by LatRosTrans (LRT) via the pipeline reached 3.3 million tons, informed BC Ventspils nafta press service.

Keyword tags: Energy, Latvia, Oil, Transport



Alexela Oil earns profit in 2013 after several years

Alexela Oil earns profit in 2013 after several years

14.07.2014

After six consecutive loss-generating years, Estonia car fuel retailer Alexela Oil earned a profit again in 2013, LETA/Postimees Online cites the company's annual financial statements.

Sales revenue of Klaipedos Nafta was EUR 2.3 mln in June

Sales revenue of Klaipedos Nafta was EUR 2.3 mln in June

08.07.2014

Preliminary sales revenues of AB Klaipedos Nafta in June 2014 stood at LTL 7.9 million (EUR 2.3 million); that is by 7.1% less compared to June 2013 (when sales revenue was LTL 8.5 million or EUR 2.5 million), the company has announced LETA/ELTA.


LatRosTrans will reduce share capital to EUR 93 496 550

LatRosTrans will reduce share capital to EUR 93 496 550

26.06.2014

On Tuesday, June 17, the extraordinary shareholders' meeting of the JSC Ventspils nafta subsidiary LatRosTrans Ltd adopted a resolution to reduce the share capital of LatRosTrans Ltd by 59'465'156 EUR to 93'496'550 EUR, reported BC communications consultant at JSC Ventspils nafta Elīna Dobulāne.

Seven tanker cars derail in Riga Freeport territory

Seven tanker cars derail in Riga Freeport territory

25.06.2014

In Riga Freeport territory next to the Neste Latvija Terminal, seven tanker cars carrying diesel fuel derailed overnight on June 21st, informs LETA.

20.06.2014

Workers of Orlen Lietuva prepare for strike

After intense negotiations with AB Orlen Lietuva leadership, the employee's trade union signed a protocol of disagreement. This means that the collective agreement has been terminated, reports LETA/ELTA.

13.06.2014

Mazeikiu Nafta becomes a big headache for Lithuania

Some time ago Mazeikiu Nafta, the only oil refinery in the Baltic States, was Lithuania's pride. Now it becomes an increasingly big headache, writes LETA/ELTA, referring to Respublika.

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