Friday, October 30, 2020
Tags Downstream

Tag: downstream

Rompetrol grows retails activities amid coronavirus

Rompetrol Group, opened 12 new fuel stations in Romania, Bulgaria and Georgia consolidating and developing its retail activities in the Black Sea region.

PKN ORLEN reports almost 5 billion euros revenues despite COVID-19

PKN ORLEN's revenues came in at 4.8 billion euros despite a year-on-year drop in oil throughput and sales and lower fuel consumption as a result of the crisis caused by COVID-19.

MOL reports a net loss of 152 million US dollars since January

MOL reported a net loss of 152 million US dollars since January. April brought challenges and difficulties in all segments, showing the real and full-blown effects of the pandemic crisis.
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Rethinking the Trans-Balkan pipeline

Sergiy Makogon, GTSOU’s CEO writes about the Trans-Balkan gas transit corridor which should be a warranty of energy security for Southeast Europe.

Investing in renewables is the right response for the climate change challenge

Investments in RES in the EU reached 66% in the first half of 2020. Hungary is stepping up green bond issuance to mobilise additional funds and the Caucasus in interested in increasing its share of RES. However, funds must support the right priorities.

Sonya Twohig appointed new Secretary-General of ENTSO-E

Sonya Twohig has been appointed the new Secretary-General of ENTSO-E, the European Network of Transmission System Operators for Electricity.

French Orano to join Romania’s Cernavoda NPP expansion project

French Prime Minister Jean Castex and his Romanian counterpart Ludovic Orban signed a declaration of intent on cooperation in the civil nuclear field, to build units 3 and 4 of the Cernavoda nuclear power plant and to upgrade unit 1.