Oil

International Internet Magazine. Baltic States news & analytics Friday, 04.12.2020, 16:33

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Shale oil could create EUR 8.2 bln in Estonian wealth in 20 yrs

Shale oil could create EUR 8.2 bln in Estonian wealth in 20 yrs

02.12.2020

According to an analysis commissioned by the Estonian Chemical Industry Association and carried out by KPMG, shale oil production could create 8.2 billion euros of national wealth over the next 20 years, of which 7.5 billion euros would be shared between the sector's partners, the public sector, employees and the public, reports LETA/BNS.

Keyword tags: Economics, Energy, Estonia, EU – Baltic States, Financial Services, Oil



Exports of oil products from Latvia up 3.7% in 9 months

Exports of oil products from Latvia up 3.7% in 9 months

23.11.2020

The amount of oil products exported from Latvia under the deferred excise tax payment regime in the first nine months of 2020 was by 10,541 tons or 3.7% higher than the amount exported during the same period a year ago, writes LETA, according to the information from the Excise Goods Administration of the Latvian State Revenue Service.

Klaipeda came 4th among the ports in the eastern Baltic part in Jan-Oct

Klaipeda came 4th among the ports in the eastern Baltic part in Jan-Oct

23.11.2020

The Lithuanian seaport of Klaipeda handled 39.2 million tons of cargo in January through October 2020, a rise of 0.7% year-on-year, informs LETA/BNS.


Klaipeda port posts 0.7% increase in Jan-Oct cargo traffic

Klaipeda port posts 0.7% increase in Jan-Oct cargo traffic

20.11.2020

The Lithuanian seaport of Klaipeda handled 39.2 million tons of cargo in January through October 2020, a rise of 0.7% year-on-year, the port authority reported on Thursday citing non-final data, cites LETA/BNS.

Eesti Energia seeking extension of deposit fee rate for oil shale ash

Eesti Energia seeking extension of deposit fee rate for oil shale ash

20.11.2020

The Estonian state-owned energy group Eesti Energia proposed to the government to initiate an urgent procedure to extend the period that deposit fee for oil shale ash and waste rock stays at 1.31 euros per ton until the government has approved and enforced a long-term plan for the implementation of pollution charges, informs LETA/BNS.


13.11.2020

Record 1.17 mln tons of shale oil produced in Estonia in 2019

According to the Estonian oil shale industry yearbook, a record 1.17 million tons of shale oil was produced and 16 million tons of oil shale was mined in 2019, reports LETA/BNS.

09.11.2020

Ventspils port terminals see 40.8% drop in cargo turnover in 10 months

During the first ten months of 2020, terminals operating at the northwestern Latvian port of Ventspils reloaded 10.723 million tons of cargo, which is a decrease of 40.8% against the respective period a year ago, writes LETA, according to the information published by the Ventspils port.

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