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Central & Eastern Europe Oil Companies News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Central & Eastern Europe Oil & Gas.
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Latest Central & Eastern Europe Oil Companies News

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  • Bahamian court discusses Czech-born Kozeny's extradition to USA 2 Dec 2009 17:41 GMT
    ... Nassau/New York - Viktor Kozeny, Czech-born financier whom the USA suspects of bribery ... at gaining a stake in the Socar oil company. Azerbaijan, however, finally did not sell it ... said. Kozeny, who earned fortune in the Czechoslovak coupon privatisation in the early 1990s, has ...

  • Russian oil pipeline hits snag in Bulgaria: minister 3 Dec 2009 06:03 GMT
    ... Russian oil pipeline hits snag in Bulgaria: minister The oil pipeline, which would stretch ... a Russian consortium made up of state-owned oil companies Transneft, Rosneft and Gazprom Neft. Currently most ...

  • ANALYST VIEW - Goldman Sachs hikes target price for Hungary’s MOL 2 Dec 2009 09:45 GMT
    ... on Wednesday raised its target price for Hungary's MOL to HUF 18,500 from HUF 17,400. Goldman Sachs ... Saras to 'Buy' from 'Neutral' (adding the oil company to its Conviction List) and Neste Oil ...

  • Hungary's first drive-through pharmacy opens 2 Dec 2009 10:49 GMT
    ... convenient for motorists and prevent spreading infections. Hungary's first drive-through pharmacy has opened in Szombathely as ... of cooperation between pharmacy chain Gyógyszerpont and oil company MOL, reports . The first "Patika Drive" ...

  • Analysis: A fire to light 4 Dec 2009 10:33 GMT
    ... construction of new intra-EU interconnecting pipelines. A Hungary-Romania link is opening this winter. Routes connecting ... most vulnerable countries, including Bulgaria, the Baltics, Slovakia and Hungary – but just 5 per ... main gas supplier while Surgutneftegaz, a Russian oil company with close Kremlin ties, this year unexpectedly ...

  • A slight thaw 4 Dec 2009 03:22 GMT
    ... most vulnerable countries, including Bulgaria, the Baltics, Slovakia and Hungary - but just 5 per ... that these deals exclude them. Radoslaw Sikorski, Poland's foreign minister, three years ago compared Nordstream ... main gas supplier while Surgutneftegaz, a Russian oil company with close Kremlin ties, this year unexpectedly ...

  • The Great Geopolitical Battle Over Energy Transit Routes 1 Dec 2009 11:17 GMT
    ... Turkey to Austria via Bulgaria, Romania, and Hungary. That project would be in direct competition ... purchase and sale contract with the State Oil Company of the Azerbaijan Republic (SOCAR). Following the ... The January 2009 showdown between Russia and Ukraine, which resulted on the gas supply to ...

  • Africa: Pirates at Port and Starboard 3 Dec 2009 16:54 GMT
    ... was making a delivery to the French oil company Total. After robbing the vessel and its ... 16 armed men boarded and robbed the Ukrainian-owned, Panamanian-flagged cargo ship MV Sevastopolskaya Bukhta as ... five crew members were kidnapped from the Lithuanian refrigerated cargo ship MV Saturnas as it ...

  • M&A Navigator: Deal Pipeline - 2 Dec 2009 3 Dec 2009 10:43 GMT
    ... (EPA:VIE). Status: Closed - SWEDISH SECURITAS BUYS CZECH DORA SECURITY Swedish security services group Securitas (STO:SECU ... (USD44.7m/EUR29.8m) in cash. Status: Closed - ITALIAN BULGARI DEPUTY CHAIRMAN DISPOSES OF 1.33% STAKE The ... UNTIL 2011 Dubai's state-owned refiner Emirates National Oil Company (ENOC) said it would not dispose of ...

  • Crescent's Badr Jafar has world at his feet 3 Dec 2009 13:02 GMT
    ... signed a deal with the National Iranian Oil Company (NIOC) in 2001 to build a 270km ... Gas, OMV of Austria and MOL of Hungary. That project is also complicated by a ... role in the country’s renegotiations with western oil companies to get a more equitable share of ...

  • Tough Talks Ahead for Shmatko in Sofia 4 Dec 2009 00:26 GMT
    ... Tough Talks Ahead for Shmatko in Sofia Shmatko, responding ... he did not know the details of Bulgaria’s proposals to change the commercial terms of ... annually collect USD 15 billion more if oil companies exported crude instead of poorly refined products, ...

  • YUKOS owners win ruling in $100 billion case against Russia 2 Dec 2009 04:37 GMT
    ... the way it broke up Russia's biggest oil company. YUKOS owners win ruling in $100 billion ... treaty designed to protect foreign investments in Eastern Europe and the former Soviet Union. The Russian ...

  • YUKOS Owners Win Ruling in $100 Billion Case vs. Russia 1 Dec 2009 17:52 GMT
    ... the way it broke up Russia's biggest oil company. YUKOS's top shareholder GML told Reuters it ... treaty designed to protect foreign investments in Eastern Europe and the former Soviet Union. The Russian ...

  • Bahamian court discusses Kožený's extradition to USA 3 Dec 2009 07:32 GMT
    ... York, Dec 2 (CTK) - Viktor Kožený, Czech-born financier whom the USA suspects of bribery ... at gaining a stake in the Socar oil company. Azerbaijan, however, finally did not sell it ... said. Kožený, who earned fortune in the Czechoslovak coupon privatisation in the early 1990s, has ...

  • Azerbaijan looks past Turkey 3 Dec 2009 10:30 GMT
    ... Turkey, Azerbaijan has recently added Iran and Bulgaria to its customer base. Also, whether coincidentally or not, ... nothing for it. In contrast, the State Oil Company of the Azerbaijan Republic (SOCAR) agreed earlier ...


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