Oil

International Internet Magazine. Baltic States news & analytics Monday, 26.01.2015, 02:20

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Sutter: Eesti Energia eyes a working refinery in Europe

Sutter: Eesti Energia eyes a working refinery in Europe

21.01.2015

Estonia's state-owned energy giant Eesti Energia is considering production of motor fuels from oil shale in some European refinery, which would replace building a costly diesel fuel plant in Auvere, North East Estonia, said Hando Sutter who took over management of the energy group in December, LETA/Postimees Online reports.

Keyword tags: Energy, Estonia, EU – Baltic States, Oil



Silute-Taurage area is promising for the extraction of oil

Silute-Taurage area is promising for the extraction of oil

21.01.2015

According to the data of the Lithuanian Geological Survey (LGT) under the Ministry of Environment, the Silute-Taurage area (in Western Lithuania - ELTA) is promising for the extraction of hydrocarbons, especially oil. Hence it is planned to announce a tender for the exploration and extraction of these resources, reports LETA/ELTA.

Ventbunkers terminal handles 2.4 mln tons oil products in 2014

Ventbunkers terminal handles 2.4 mln tons oil products in 2014

13.01.2015

Ventbunkers terminal handled a total of 2.4 million tons of oil products last year, while the company's unaudited financial data indicate that Ventbunkers profit exceeded EUR 15 million in 2014, the company informed LETA.


Klaipedos Nafta reloaded 68.4% more oil products in December y-o-y

Klaipedos Nafta reloaded 68.4% more oil products in December y-o-y

12.01.2015

State company Klaipedos Nafta during December 2014 reloaded 640 thousand tonnes of oil products into its storage tanks, greater by 68.4% than during December 2013, when 380 thousand tonnes were reloaded.

Cargo turnover at Freeport of Ventspils reaches 26.2 mln tons in 2014

Cargo turnover at Freeport of Ventspils reaches 26.2 mln tons in 2014

08.01.2015

Cargo turnover at the Freeport of Ventspils reached 26.2 million tons in 2014, the port informed LETA.

05.01.2015

Klaipedos Nafta reloaded 4.2% less oil products in 2014

State company Klaipedos Nafta during December 2014 reloaded 640 thousand tonnes of oil products into its storage tanks, greater by 68.4% than during December 2013, when 380 thousand tonnes were reloaded, writes LETA/ELTA.

29.12.2014

PM: Orlen Lietuva to end year 2014 successfully

Prime Minister of Lithuania Algirdas Butkevicius says the situation in petroleum refining company Orlen Lietuva, which operated at a loss, has now stabilised. Decreasing oil prices in 2015 are expected to contribute to the improvement of the company's financial indicators, reports LETA/ELTA.

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