Oil

International Internet Magazine. Baltic States news & analytics Thursday, 11.02.2016, 21:09

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Cargo turnover at Ventspils Port drops 29% in January

Cargo turnover at Ventspils Port drops 29% in January

08.02.2016

Terminals in the Port of Ventspils handled a total of 1.84 million tons of cargo in January 2016 or by 29% less than in January 2015 but it is the largest monthly amount that the port has reloaded since May 2015.

Keyword tags: Energy, Latvia, Oil, Port, Transport



Klaipedos Nafta boosts January’s revenue by 17.6%

Klaipedos Nafta boosts January’s revenue by 17.6%

04.02.2016

Lithuania's liquefied natural gas (LNG) and oil product terminals operator Klaipedos Nafta (Klaipeda Oil) said on February 4th that its total revenue for January rose to 10.7 million euros, up 17.6% from 9.1 million euros a year earlier, reports LETA/BNS.

CEO: Lithuania's Lukoil Baltija may be sold in February

CEO: Lithuania's Lukoil Baltija may be sold in February

04.02.2016

Lukoil Baltija, a chain of filling stations owned by Russia's Lukoil, may be sold in February, the chain's chief executive officer said on February 4th, reports LETA/BNS.


Klaipedos Nafta loading longest tanker in its history

Klaipedos Nafta loading longest tanker in its history

28.01.2016

Klaipedos Nafta (Klaipeda Oil), Lithuania’s state-controlled petroleum products terminal operator, is loading the longest tanker in its history, reports LETA/BNS.

Orlen Lietuva goes back in black in 2015

Orlen Lietuva goes back in black in 2015

28.01.2016

Orlen Lietuva, the sole Baltic oil refinery controlled by Poland’s PKN Orlen, posted a net profit of 237 million US dollars (EUR 217 mln) for 2015 reversing the year-earlier losses of 119 million US dollars (EUR 109 mln), reports LETA/BNS.

27.01.2016

VKG wants resource, pollution fees scrapped amid low oil prices

The northeast Estonia based shale oil producer Viru Keemia Grupp (VKG) wants the Estonian government to retroactively cut the resource and pollution fees for oil shale to zero and introduce a system of multipliers that would envisage the possibility of the state paying to shale oil producers to stay in business when global oil prices are low, informs LETA/BNS.

26.01.2016

Klaipedos Nafta would back Orlen Lietuva's oil product pipeline

Lithuania's oil product terminal operator Klaipedos Nafta (Klaipeda Oil) says it would back Orlen Lietuva's oil product pipeline project, but that requires decisions by the Polish-owned crude refinery, informs LETA/BNS.

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