Quarterly sales figures for PKN Orlen’s Prague-list Czech refiner up 7% y/y, slightly below market expectations
Czech top refiner Unipetrol to be deeper in the red in 3Q11 than expected due to the Litvinov shutdown, core operating losses
Porada ekonomických ministrů schválila materiál, jímž startuje proces majetkového vstupu zahraničních rafinérií do české strategické firmy.
Sluggish demand for petrol and oil products coupled with low demand and prices for asphalt threaten the Paramo refinery in Pardubice
Since PM Nečas failed to name reps to talks on the sale of strategic state energy firm Čepro, the BIS intelligence agency has stepped in
Unipetrol’s nearly debt-free balance sheet would allow for a decent dividend; management want to save cash for investments
Communist-era negligence at Spolana — and current methods — may still pose dangers for the Czech Republic, countries downstream
Maďarský MOL, ruský Lukoil i polský PKN Orlen přesvědčují Nečasův kabinet, aby podíly v obou strategických firmách nabídl investorům.
MOL (Hungary), Lukoil (Russia) and PKN Orlen (Poland) are pushing Czech PM Petr Nečas to offer up stakes in state-owned oil firms
Ukraine has significant deposits of crude oil and natural gas, including three known petroleum basins
A European court has dismissed fines against Czech petrochemical firm Unipetrol and rubber unit Kaučuk for participation in a cartel
Employees of Česká rafinérská consider strike action as talks with management on wage rise remain in deadlock
The largest private Russian oil company’s priorities are consolidation of current refining capacity and expansion in Spain, boss says
Shareholders can’t sell their stakes to third parties at substantial premiums over the fair value; Eni’s stake is worth some $400 mln