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Taçi Oil
Taçi Oil is an Albanian petroleum company and oil distributor in Albania headquartered in Tirana. The company's revenue for 2012 was €350 million. and had over 290 petrol stations through Albania and over 850 employees. In 2009 Taçi Oil purchased the Albanian oil refinery ARMO (Anika Mercuria Refinery Associated Oil, owned by Anika Enterprises) for €128 million. On September 9, 2011 Taci Oil became an official sponsor of AC Milan. Beginning in 2008, in fact, Taci Oil was the main sponsor of Milan Junior Camp in Tirana. Since its founding, the camp has hosted about 1400 Albanian youths. In 2013 Taçi Oil sold 80% of the assets of ARMO, the oil refining business to Heaney Assets Corporation, an Azerbaijan corporation. See also * Economy of Albania The economy of Albania went through a process of transition from a centralized economy to a market-based economy on the principles of the free market. Albania's economy is based on the service (54.1%), agriculture (2 ...
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Tirana
Tirana ( , ; aln, Tirona) is the capital and largest city of Albania. It is located in the centre of the country, enclosed by mountains and hills with Dajti rising to the east and a slight valley to the northwest overlooking the Adriatic Sea in the distance. Due to its location at the Plain of Tirana and the close proximity to the Mediterranean Sea, the city is particularly influenced by a Mediterranean seasonal climate. It is among the wettest and sunniest cities in Europe, with 2,544 hours of sun per year. Tirana was founded as a city in 1614 by the Ottoman Albanian general Sylejman Pasha Bargjini and flourished by then around the Old Mosque and the ''türbe''. The area that today corresponds to the city's territory has been continuously inhabited since the Iron Age. It was inhabited by Illyrians, and was most likely the core of the Illyrian Kingdom of the Taulantii, which in Classical Antiquity was centred in the hinterland of Epidamnus. Following the Illyrian Wars it wa ...
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Albania
Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and shares land borders with Montenegro to the northwest, Kosovo to the northeast, North Macedonia to the east and Greece to the south. Tirana is its capital and largest city, followed by Durrës, Vlorë, and Shkodër. Albania displays varied climatic, geological, hydrological, and morphological conditions, defined in an area of . It possesses significant diversity with the landscape ranging from the snow-capped mountains in the Albanian Alps as well as the Korab, Skanderbeg, Pindus and Ceraunian Mountains to the hot and sunny coasts of the Albanian Adriatic and Ionian Sea along the Mediterranean Sea. Albania has been inhabited by different civilisations over time, such as the Illyrians, Thracians, Greeks, Romans, Byzantines, Venetians, and Ot ...
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Rezart Taçi
Rezart Taçi (born in Tirana) is an Albania Albania ( ; sq, Shqipëri or ), or , also or . officially the Republic of Albania ( sq, Republika e Shqipërisë), is a country in Southeastern Europe. It is located on the Adriatic and Ionian Seas within the Mediterranean Sea and shares ...n businessman who is most known for being the creator and CEO of Taçi Oil. Biography Rezart Taçi was born and raised in Tirana, Albania. In 1998, he began a career in the trading industry of finished oil products where he worked to establish his name. Mr. Taci has established a portfolio of companies in Energy and Media. In 2003 Taci established Taçi Oil International Trading and Supply Company Sh.A (Taci Oil). At its inception the company had only six employees and leased storage facilities in Shëngjin-Lezhë, a port on the northern coast of Albania. Later, Taçi Oil acquired this facility and expanded operations with additional tankers and added facilities in Porto-Durrës. The c ...
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Petroleum Product
Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. The majority of petroleum is converted to petroleum products, which includes several classes of fuels. According to the composition of the crude oil and depending on the demands of the market, refineries can produce different shares of petroleum products. The largest share of oil products is used as "energy carriers", i.e. various grades of fuel oil and gasoline. These fuels include or can be blended to give gasoline, jet fuel, diesel fuel, heating oil, and heavier fuel oils. Heavier (less volatile) fractions can also be used to produce asphalt, tar, paraffin wax, lubricating and other heavy oils. Refineries also produce other chemicals, some of which are used in chemical processes to produce plastics and other useful materials. Since petroleu ...
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Petroleum
Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Petroleum is primarily recovered by oil drilling. Drilling is carried out after studies of structural geology, sedimentary basin analysis, and reservoir characterisation. Recent developments in technologies have also led to exploitation of other unconventional reserves such as oil sands and oil shale. Once extracted, oil is refined and separated, most easily by distillation, into innumerable products for direct use or use in manufacturing. Products include fuels such as gasol ...
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ARMO Oil Refiner
ARMO oil refiner is one of the two oil refiners in Albania. It owns oil refineries at Ballsh and Fier, research center, 11 depots, a small network of fuel stations, and the Vlorë Terminal located in the south coast on Adriatic sea.. The CEO of Armo Energy is Rezart Taci. Mr. Taci is also the head of Taçi Oil The Ballsh refinery is the largest refinery in Albania and has a designed capacity 1 million tonnes per year. Fier refinery has a capacity of 500 thousand tonnes per year and is designed mainly to produce bitumen. In 2008, 85% of ARMO shares was sold to the U.S-Swiss consortium Refinery Associates of Texas and Anika Enterprises SA (other companies were involved in initial talks, but did not participate in the purchase) for €128.7 million. Other bids were made by Petrofac, Penta Investments and Vitol Vitol is a Swiss-based multinational energy and commodity trading company that was founded in Rotterdam in 1966 by Henk Viëtor and Jacq ...
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AC Milan
Associazione Calcio Milan (), commonly referred to as AC Milan or simply Milan, is a professional football club in Milan, Italy, founded in 1899. The club has spent its entire history, with the exception of the 1980–81 and 1982–83 seasons, in the top flight of Italian football, known as Serie A since 1929–30. AC Milan's 18 FIFA and UEFA trophies is the fourth highest out of any club (joint with Boca Juniors), and the most out of any Italian club. Milan has won a joint record three Intercontinental Cups and one FIFA Club World Cup, seven European Cup/Champions League titles (Italian record), the UEFA Super Cup a joint record five times and the Cup Winners' Cup twice. With 19 league titles, Milan is tied as the second most successful club in Serie A with local rivals Inter Milan (also with 19 league titles), behind Juventus (36 league titles). They have also won the Coppa Italia five times, and the Supercoppa Italiana seven. Milan's home games are played at San Siro, a ...
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YouTube
YouTube is a global online video platform, online video sharing and social media, social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by Google, and is the List of most visited websites, second most visited website, after Google Search. YouTube has more than 2.5 billion monthly users who collectively watch more than one billion hours of videos each day. , videos were being uploaded at a rate of more than 500 hours of content per minute. In October 2006, YouTube was bought by Google for $1.65 billion. Google's ownership of YouTube expanded the site's business model, expanding from generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by YouTube. It also offers YouTube Premium, a paid subscription option for watching content without ads. YouTube also approved creators to participate in Google's Google AdSens ...
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Heaney Assets Corporation
Heaney is a surname of Irish origin. It is an Anglicisation of the Gaelic ''Ó hEignigh'', thought to be based on the Gaelic a personal name meaning "horseman". It was mistakenly thought to derive from Éan, Gaelic for Bird. Versions of it are written in the Annals from the 8th century and has a diverse array of modern derivations and origins. They were chiefs of Fermanagh and Kings of Airgíalla before the expansion south of Uí Néill branches Cenél Fearadhaigh and Cenél nEoghain into Airgíalla and the rise of The Maguires in Fermanagh. They became allies to repel the Normans in the 13th century. *1127, Gillachrist Ua hEighnigh, king of Feara-Manach, and chief king of Oirghiall, died in Clochar-Uí-nDaimhin (then the Royal capital of Airgíalla), after choice penance. Notable people with the surname include: * Aaron Heaney, Seapatrick fc * Aidan Heaney, retired English football player * Andrew Heaney, baseball player * Bob Heaney, Canadian former ice hockey player ...
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Economy Of Albania
The economy of Albania went through a process of transition from a centralized economy to a market-based economy on the principles of the free market. Albania's economy is based on the service (54.1%), agriculture (21.7%), and industrial (24.2%) sectors. The country has some natural resources, and the economy is mainly bolstered by agriculture, food processing, lumber, oil, cement, chemicals, mining, basic metals, hydro power, tourism, textile industry, and petroleum extraction. The strongest sectors are energy, mining, metallurgy, agriculture, and tourism. Primary industrial exports are clothing and chrome. Tourism has been a notable source of national income, particularly during the summer months. With over 6.4 million tourists annually in 2019, tourism generates revenue in excess of $2.4 billion. History Following the collapse of the communist regime in 1990, Albania experienced a mass exodus of refugees to Italy and Greece. The country attempted to transition to autarky ...
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Coat Of Arms Of Albania
The coat of arms of Albania (Albanian language, Albanian: Stema e Republikës së Shqipërisë) is an adaptation of the Flag of Albania and is based on the symbols of Skanderbeg, Gjergj Kastrioti Skanderbeg. It features the black double-headed eagle, documented in official use since 1458, as evidenced from a sealed document uncovered in the Vatican Apostolic Archive, Vatican Secret Archive (fund: Miscellanea, vol. XXXIX, doc. 2398), addressed to Pope Pius II and co-sealed by notary Johannes Borcius de Grillis. The stylized gold helmet is partially based on the model of crown-like rank that once belonged to Skanderbeg, currently on display at the Kunsthistorisches Museum in Vienna, first mentioned in 1593 in the Ambras armory inventory and depicted in 1601/03 in the "Armamentarium Heroicum" of :de:Jakob Schrenck von Notzing, Jakob Schrenck von Notzing. The ruler of Austria, Ferdinand II, Archduke of Austria, Ferdinand II, acquired the helmet from the Federico da Montefeltro, Duke o ...
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Oil Companies Of Albania
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaio ...
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