MOL Wants Change in Croatia Before Taking Bigger INA Stake
Oil group MOL on Friday publicly raised the prospect of increasing its stake in Croatian peer INA for the first time in years but said it would not do so until Zagreb adopts a more investor-friendly approach to foreign firms. MOL and…
Croatia Eyes Adriatic Oil Potential
Croatia to sign oil, gas exploration licences in June/July. When Croatia announced in 2013 it would set a tender to explore for oil and gas in its pristine Adriatic waters, the government evoked the hydrocarbon riches of Norway to win over the plan's many detractors.
Croatia, Hungary's MOL to Restart Talks Over INA
Croatia and Hungary's MOL are set to restart talks over the jointly-owned oil firm INA at the end of March with help of an international facilitator, Croatia's Economy Minister told Reuters on Tuesday. Both sides have accepted the offer…
Croatia Gets 7 Bids for Onshore Oil/Gas Exploration
Croatia has received seven bids at an international tender for onshore exploration of oil and gas in the northern Drava river basin and the east of the country, Economy Minister Ivan Vrdoljak said on Wednesday. Vrdoljak did not name…
Croatia Awards 10 Adriatic Oil & Gas Licenses
OMV, Marathon Oil consortium wins seven licenses; Croatia hopes exploration will help drive growth. A consortium of Houston-based Marathon Oil and Austria's OMV won seven of 10 licenses awarded on Friday to explore for oil and gas off Croatia's Adriatic coast…
MOL Angers Croatia with INA Dividend Demand
Hungarian oil and gas group MOL has demanded a dividend payment from partly-owned Croatian affiliate INA, provoking an angry response from Zagreb in their ownership feud over Croatia's national oil company. MOL said in a statement on…
Croatia Resurrects LNG terminal Plans
Croatia prepares financial plan for LNG terminal; EU sees the Krk terminal helping Europe's energy independence. Croatia has reopened a feasibility study for a liquefied natural gas (LNG) terminal in the northern Adriatic which should help diversify energy supplies for central Europe…
Croatia Gets Six Bids for Adriatic Oil and Gas Exploration
Croatia has received six bids in an international tender for oil and gas exploration areas in the Adriatic Sea, Economy Minister Ivan Vrdoljak said on Monday. He told reporters the government would choose the best bids by the end of…
Croatia Seeks Talks Regarding INA, MOL Partnership
Croatia hopes to continue talks with Hungary's oil and gas group MOL over their troubled partnership in Croatia's energy firm INA in September, Economy Minister Ivan Vrdoljak said on Monday. He was speaking to state television from Paris…
Croatia Prepares Onshore O&G Tender for July
Croatia is set to open an international tender for on-shore exploration of gas and oil in the Drava river basin and the east of the country next month, Economy Minister Ivan Vrdoljak said on Tuesday. "I expect the first round of the…
