Thu, 27 Jan 2011: Euro behind wave of investment…

Certainly, there’s also been a boost from the general increase in publicity due to Estonia’s capital Tallinn becoming the European capital of culture this year, and joining the OECD.&r...

Wed, 29 Aug 2007: Statoil takes Baltic biodiesel stake…

The intention is to increase capacity to over 200,000 tonnes next year. Around 70 percent of rape crops necessary for biodiesel production will be sourced from farmers in the Baltic region. The c...

Wed, 25 Jul 2007: E.L.L. plans major investment…

"We're set to complete about 74,000 square meters of shopping center space and 58,000 square meters of office premises in the Baltic states in the coming years," said E.L.L. Kinnisvara board chai...

Wed, 28 Mar 2007: Latvian fuel market dominated by oligopoly: report…

In recent years the Competition Council has dogged fuel retailers, particularly after the sharp rise in prices at the pump two years ago. Government ministers have repeatedly turned to the counci...

Wed, 31 Jan 2007: Lukoil breaks into gasoline sector…

The gas is high-quality, European-standard (Euro 4 and Euro 5) and will be sold at Lukoil's filling stations, Lukoil Baltija R said in a statement. Haim Kogan, chairman of Lukoil Baltija R, said ...

Wed, 24 May 2006: Lithuanian gasoline losing ground in Latvia to Norwegian competition…

At the same time the share of Norway-produced gasoline soared to 52 percent from 9 percent. Latvia's Norwegian gasoline imports totaled 76.3 million liters in the reporting period, compared with 6...

Wed, 28 Sep 2005: Statoil to diversify gas supllies…

"The company is already planning to increase supplies from Scandinavia in the near future," he said. Ulmanis added that Statoil Latvija, which is owned by Norway's Statoil, is buying diesel fuel m...

Wed, 27 Apr 2005: Gas prices spark price-fixing debate…

Neste Latvija retail manager Zigismunds Niedra was quoted by the Baltic News Service as saying that "Friday brought to the fuel retail market changes that required immediate response to keep price...

Wed, 20 Apr 2005: Kalvitis slams Competition Council, speculates about fuel price fixing…

Specifically, he referred to the takeover of Shell's filling stations by Statoil at the end of 2002."The question is about professionalism. I think it was a very erroneous decision to let Statoil ...

Thu, 24 Jul 2003: Port files claim against fuel retailers…

The agreement also outlined minimum and maximum amounts of oil products that could flow through the terminal, as well as a deadline for completion of the terminal's construction.Riga Port claims t...

Thu, 16 Dec 1999: Estonian gas price reaches record…

Lemmi Oro, head of the tax department at the Ministry of Finance, announced that she did not have any information on the possible decrease of excise duty.Tanav said that the increase of gasoline p...

Thu, 25 Nov 1999: Neste, Statoil chains not to merge in Baltics …

"Following six months of negotiations, both parties have concluded that insufficient preconditions and synergies have been achieved for a co-operation of this scope," Statoil said. "Instead, the t...

Thu, 7 Oct 1999: New ‘green’ fuel introduced in Estonia…

But, she said, laboratory tests are being undertaken in Scandinavia (where Statoil is based) and a similar product should reach the Estonian market in a couple of years once the glitches are worke...

Thu, 14 Jan 1999: Unibanka, Statoil team up…

The card can be also used outside Latvia.The gas retailer started the bonus program called Statoil Extra in June. This program already has 90,000 clients, but Rubenss noted that the launch of the ...

Thu, 7 Jan 1999: Statoil buys stations from competitor…

"We were interested in increasing our representation in Estonia. Statoil's objective is to become the market leader in the Baltics."Before it acquired Alexela Oils' stations, Statoil owned 14 stat...
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