In the framework of the measures taken lately for the monitoring of the quality standarts and the trade of oil gas and their by-products, Ministry of Energy and Industry announced the cancelling of …
XX Congress of Carpates to be held in Tirana
The twentieth (XX) Congress of Carpates will be held in Tirana on September 24-26, organized by Carpathian Balkan Geological Association. According to the organizers, the congress will be attended by …
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New law to reduce the informality in the oil and gas sector
The enter in force of a new law regarding the renifement, transportation and the trade of crude products, is expected to improve the current situation in the market as well as to avoid the abusive …
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New Hydrocarbons legislation by the Ministry of Energy and Industry
Ministry of Energy and Industry has announced the compilation of a new law regarding the hydrocarbons sector, in order to improve its performance. According to the Ministry, new hydrocarbons …
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Exxon Mobil company present in the Albanian market
The world famous “Exxon Mobil” company has signed an exclusive contract with the Albanian company “Kastrati” for the distribution of its products in Albania for the first time. Albanian consumers will …
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Bankers Petroleum increases oil production, sales and revenues
During the second trimester of this year, “Bankers Petroleum” has declared an increase of 15% of its average oil production, sales at a percentage of 17% and an increase of 18% of incomes compared to …
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New improvements in the NANR’s data electronic system
The crude sector is the most important sector of the Albanian economy in terms of contributions that this sector provides to the state budget. According to official sources from National Agency of …
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Albpetrol state owned company marks improvement
In the first six months of the year, the state oil company Albpetrol has increased the financial contribution to the Albanian state budget by 1.2 billion, 63% more than the same period during last …
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Albania among Balkan countries competing for oil and gas reserves in Adriatic sea
In its article “The competition for the Adriatic gas”, Corriere della Sera writes that Albania is one of the Balkan countries searching for oil and gas in the Adriatic and Ionian seas. But, Greece and …
Crude oil and gas
Oil production in Albania began in 1928 and has continuously increased in the years following. The country is endowed with one of the largest onshore oil fields in Europe, Patos-Marinza. Albania …