News
2006.12.15 | News
PKN Orlen Acquired Mazeikiu Nafta.
Igor Chalupec Elected as Chairman of the Board More»
2006.12.14 | News
Today’s Extraordinary Meeting of Shareholders of AB Mazeikiu Nafta elected new members of the Supervisory Council More»
2006.12.12 | News
Today in the Presidential palace, AB Mazeikiu Nafta was awarded two medals of the Lithuanian Product of the Year Contest – 2006 held by the Lithuanian Confederation of Industrialists: the gold medal for diesel fuel containing FAME additive (fatty acid methyl ester produced of bio component rape oil) and the silver medal for the gasoline containing ETBE additive (ethyltretbutyl ether produced of bio component ethanol). More»
2006.11.24 | News
Today the Supervisory Council of AB Mazeikiu Nafta elected Daniel Feldman, Director of Big Sky Energy Corp., Dariusz Formela, Executive Director of Business Organization Department of PKN Orlen, Krystian Pater, Executive Director of Refinery Production for PKN Orlen, and Paul Nelson English, General Director of AB Mazeikiu Nafta, as new members of the Board of AB Mazeikiu Nafta. More»
2006.10.27 | News
MAZEIKIAI – Маzeikiu Nafta reported its consolidated preliminary financial results for nine months of 2006 to the Vilnius Stock Exchange.
The Company earned 374.034 million Litas (133.928 million US dollars) of unaudited net profit during nine months of 2006 under International Financial Reporting Standards (IFRS), while net profit for nine months of 2005 was 776.066 million Litas (281.804 million US dollars). More»
2006.10.16 | News
Fitch Ratings-London/Warsaw/Moscow-13 October 2006: Fitch Ratings is keeping Lithuanian oil refining company Mazeikiu Nafta AB's ("MN") Issuer Default rating ("IDR") of 'B+' on Rating Watch Positive ("RWP") despite yesterday's fire at its Mazeikiai refinery. MN's Short-term rating is affirmed at 'B'. More»
2006.10.16 | News
Following an incident at refinery on October 12, 2006, Management of AB Mazeikiu Nafta has developed the action plan for emergency response. More»
2006.10.13 | News
All AB Mazeikiu Nafta property and business interruption losses are
insured at the international insurance market via the broker AON Limited,
London. More»
2006.10.13 | News
On October 12, 2006, at 2.32 p.m., according to the preliminary data,
a leak developed that led to depressurization of the Vacuum Distillation
column of the Vacuum Unit followed by hot bottom product release into the
atmosphere. More»
2006.10.02 | News
Replacement of Single Point Mooring (SPM) buoy at Butinge terminal has been completed, and the Terminal has resumed operations. More»
2006.09.19 | News
Today Butinge Terminal has been shut down for replacement of its Single Point Mooring (SPM) buoy. More»
2006.08.02 | News
MAZEIKIAI – Over the past three and one half years, Mazeikiu Nafta has demonstrated outstanding financial and technical performance, in spite of some difficulties. More»
2006.07.31 | News
Mazeikiu Nafta was notified by Druzhba about the break/leak in pipeline in Russian territory (pipeline between Bryansk and Novopolock), therefore the refinery was not receiving additional volumes of crude oil by the pipeline which was planned for July 29-31. More»
2006.07.28 | News
Маzeikiu Nafta reported its consolidated preliminary financial results for six months of 2006 to the Vilnius Stock Exchange.
The Company earned 370.870 million Litas (132.759 million US dollars) of unaudited net profit during six months of 2006 under International Financial Reporting Standards (IFRS), while net profit for six months of 2005 was 378.979 million Litas (141.421 million US dollars). More»
2006.06.09 | News
Mazeikiu Nafta is pleased to announce that on May 24, 2006 it was notified by the Competition Council of the Republic of Latvia that the investigation of certain business practices of the Latvian subsidiary was closed with the finding of no violation of the Competition Law of the Republic of Latvia. More»
2006.04.28 | News
The Company earned 133.628 million Litas (46.549 million US dollars) of un-audited net profit in the first quarter of 2006 under the International Financial Reporting Standards (IFRS). More»
2006.04.19 | News
AB Mаzeikiu Nafta announces the consolidated audited financial results for the financial year 2005. The company earned 885.714 million Litas (318.723 million US dollars) audited net profit in 2005 under International Financial Reporting Standards (IFRS), compared to a 721.106 million Litas (260.843 million US dollars) of profit in 2004 under IFRS. More»
2006.02.11 | News
Following minor damage to Butinge’s Single Point Mooring (SPM) buoy on December 29, 2005, Mazeikiu Nafta has completed all of the inspection, repair work and post-repair inspection activities necessary to return to operation. More»
2006.02.10 | News
Маzeikiu Nafta reported its consolidated preliminary financial results for 2005 to the Vilnius Stock Exchange.
The Company earned 929.915 million Litas (336.109 million US dollars) un-audited net profit in 2005 under International Financial Reporting Standards (IFRS), compared to 721.883 million Litas (261.103 million US dollars) net profit earned in 2004 under the US Generally Accepted Accounting Principles (US GAAP). More»
2006.01.18 | News
Repeat Extraordinary General Meeting of Shareholders held on January 17, 2006 decided as follows: More»
