Croatia (Hrvatska)Part of MOL Groupina.hr/en
Owner Investor / Financier Operator Developer
INA-Industrija nafte d.d., commonly known as INA, is a medium-sized European oil and gas company headquartered in Zagreb, Croatia. It plays a leading role in Croatia's oil business and maintains a strong regional position in exploration, production, refining, and distribution of oil and petroleum products.
The company was established in 1964 through the merger of Naftaplin with refineries in Rijeka and Sisak. Its core activities include oil and gas exploration and production in Croatia and Egypt, refining at the modernized Rijeka refinery, and marketing of fuels and lubricants. INA operates a network of over 500 retail service stations across Croatia and neighboring countries such as Bosnia and Herzegovina, Slovenia, and Montenegro.
INA is a publicly listed company on the Zagreb Stock Exchange, with major shareholders being the Hungarian MOL Group holding approximately 49% and the Croatian Government with about 45%, alongside private and institutional investors. The INA Group comprises numerous subsidiaries providing services in oilfield operations, logistics, retail, and more.
In addition to traditional operations, INA is investing in sustainable development, including projects for green hydrogen production and environmental remediation. It employs around 9,300 people across the group and focuses on integrating economic, environmental, and social factors in its operations.
Also known as INA d.d. and INA Group.
chemXplore tracks 4 projects involving INA, of which 3 are active.
Besides these 3, the record holds 1 completed project.
Closest to start-up first.
The 1 that is completed, on hold or cancelled are in the record. See all 4 in chemXplore →
Strong refining margins and higher gas prices lifted results, while petrochemicals weakness and regulated fuel pricing weighed on retail performance.
EUR 548m EBITDA on EUR 3.84bn sales; capex EUR 250.5m; hydrocarbon output +1% with Croatian offshore gas +21% and Egyptian oil +18%; Rijeka DCU online since September.
New delayed coker boosts diesel yield up to 30%, eliminates VGO imports, and is running at ~70% of design capacity after feedstock was introduced on 1 Sept 2026.
Back-pressure turbines with generators installed at Rijeka; >EUR 15m investment to cut steam use, save energy and lower CO₂ emissions.
Stronger E&P and favourable refining margins lift H1 results; capex focused on Rijeka Upgrade, offshore development and green hydrogen milestones.
First commercial gas from non-associated reservoirs beneath and above existing oil layers; initial well drilled from West Chirag; up to 4 Tcf estimated; gas to Sangachal via existing infrastructure.
Three-day talks assessed restarting oil and gas operations. Joint experts will evaluate technical, operational, commercial and regulatory prerequisites and set a reactivation roadmap.
Higher hydrocarbon prices lifted upstream; production 95.5 mboepd. Downstream hit by lower refining volumes and feedstock scarcity; Rijeka delayed coker opened. Consumer services and circulars rose.
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