ROMPETROL
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Government Wants To Restart Negotiations To Recover Debts Owed By Oil Company Rompetrol
Romanian Prime Minister Mihai Razvan Ungureanu has decided to restart negotiations with Kazakh state-owned company KazMunayGas to recover oil group Rompetrol’s debts to the state budget, Gov...
Head Of Rompetrol Packs His Bags. What Does He Leave Behind?
Rompetrol, the second-largest player on the Romanian oil market, is preparing for major changes, as the $6.8 billion (EUR4.5 billion) business awaits a new CEO, who will also come from Astan...
Rompetrol Announces Hydrocarbon Discovery At Satu-Mare Block
Romanian second largest oil group Rompetrol NV Thursday announced a hydrocarbon discovery at two wells in its Satu-Mare perimeter drilled jointly with Canadian Winstar Resourses Ltd.
Rompetrol Group Gets 5-Year $200M Syndicated Loan
Romanian second largest oil group Rompetrol NV, a unit of Kazahstan’s KazMunayGas, has signed a five-year $200 million syndicated loan agreement with a consortium of banks led by Italy’s Uni...
Rompetrol Sees 38% Hike In Sales For 2011, To $9.4B
Romanian oil group Rompetrol on Wednesday said it is expecting consolidated sales to increase 38% this year, to $9.4 billion, from $6.8 billion in 2011, backed by the completion of investmen...
Rompetrol Signed Partnership With Total For $35M Investment Last Year
Titov Buzescu, retail vice-president of Rompetrol, the second-largest oil player on the Romanian market, said cost cuts went ahead in 2011, but investments also continued.
Rompetrol Group To Challenge Antitrust Fine In Court
Rompetrol, one of the six oil companies fined by the Romanian Competition Council within a fuel market probe, Tuesday said it will challenge the fine in court, since it considers it illegal...
Petrom, Rompetrol Shares Suspended Ahead Of Fuel Probe Report
Shares in Romania’s largest two oil companies OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO) have been suspended from trading on the Bucharest stock exchange pending the results of an i...
Rompetrol CFO Announces Further Cost Cuts Of $100M In 2012
Kazakh-held Rompetrol, the second-largest player in the Romanian oil industry, will continue cost cutting measures this year, considering that since 2007 when the group was bought by KazMuna...