International Internet Magazine. Baltic States news & analytics
Wednesday, 19.06.2013, 19:11
Polish oil company which owns Lithuania-based oil enterprise ORLEN Lietuva – Polski Koncern Naftowy ORLEN Spolka Akcyjna (PKN ORLEN) informed about the results of series B bonds offer, issued within the public bond issue program, included in the prospectus approved by the Polish Financial Supervision Authority on May 24, 2013, the company PKN ORLEN said in a statement.
Keyword tags: Energy, EU – Baltic States, Investments, Lithuania, Oil, Transport
Lithuanian oil and gas exploration company LL Investicijos, whose 50% stake belongs to the U.S. oil company Chevron, is planning to begin exploratory drilling by Stempliai village in the district of Silute, informs LETA/ELTA, referring to Lietuvos rytas.
Estonian state-owned energy company Eesti Energia launched in Frankfurt a pilot plant based on the Enefit technology that enables to test production of oil from oil shale of different origin, LETA/Public Broadcasting reports.
The state-owned Eesti Energia's manager Sandor Liive said on Monday at an international oil shale conference in Tallinn that the Enefit shale oil technology isn’t suitable for all the different kinds of oil shale in the world, LETA/Postimees Online reports.
Latvian president Andris Berzins and Polish president Bronislaw Komorowski had a bilateral meeting in Riga yesterday to discuss cooperation on energy projects, cooperation within international organizations and developments in the euro area, as the President's Press Office informed LETA.
In May 2013, the Lithuania-based oil company Klaipedos Nafta reloaded 388,000 tons of oil products into its storage tanks, that was by 30% more than in May 2012 (298,000 tons), reported LETA the company.
The Board of the Lithuania's state-owned petroleum product terminal operator Klaipedos Nafta made the decision during a meeting on May 31, 2013, to enter into a credit agreement with the European Investment Bank (EIB), reported LETA the company.