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ROMPETROL

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Rompetrol Rafinare Completes $11M Environmental Investment
Energy

Rompetrol Rafinare Completes $11M Environmental Investment

Oil company Rompetrol Rafinare has completed a $11 million investment aiming to cut back on pollution by lowering the amount of particles released into the atmosphere in the oil refining pro...

Oana Gavrila · 23.06.2015 · 10:55 · 1 min
Rompetrol Rafinare Dismisses Bogdan-Nicolae Badea As Board Member
Energy

Rompetrol Rafinare Dismisses Bogdan-Nicolae Badea As Board Member

Shareholders of Rompetrol Rafinare on Friday decided to dismiss Bogdan-Nicolae Badea from the position of member in the company’s Board of Directors.

Ecaterina Craciun · 12.06.2015 · 18:14 · 1 min
Romania To Sell 27% Of Rompetrol Rafinare Shares For At Least $200M
Energy

Romania To Sell 27% Of Rompetrol Rafinare Shares For At Least $200M

Romania’s Energy Ministry will sell 26.69% of Rompetrol Rafinare shares for at least $200 million and the company’s majority shareholder, KMG International, has pre-emption right to buy the...

Ecaterina Craciun · 11.06.2015 · 19:39 · 2 min
Energy

Court Denies Rompetrol SA's Claim To Insolvency

The Bucharest Court has denied Rompetrol SA's request for insolvency and company officials may appeal the ruling within seven days.

Oana Gavrila · 09.06.2015 · 14:43 · 1 min
Rompetrol SA Files For Insolvency
Energy

Rompetrol SA Files For Insolvency

Oil company Rompetrol SA filed for insolvency on May 28 and the court will analyze the case on June 8.

Oana Gavrila · 05.06.2015 · 09:04 · 1 min
Romanian Vehicle LPG Market Seen Rising 5% This Year
Energy

Romanian Vehicle LPG Market Seen Rising 5% This Year

The liquefied petroleum gas market used to fuel vehicles, estimated at 450,000 tons and $350 million, is seen rising 5% this year compared to 2013.

Oana Gavrila · 03.11.2014 · 14:55 · 1 min
Social/Politics

Senator And Former Minister Sentenced To Prison In Rompetrol Case

The Bucharest Court of Appeals on Tuesday passed a definitive ruling sentencing senator Sorin Rosca Stanescu and former communications minister Sorin Pantis to prison for their roles in a st...

Oana Gavrila · 07.10.2014 · 15:36 · 1 min
Energy

Rompetrol: Option Of Acquiring Gas Filling Stations Becomes More Likely

For Rompetrol, Romania’s second largest oil group, the option of buying gas filling stations is now more likely because only one of the 15 gas stations the company was planning to open this...

Catalina Apostoiu · 15.09.2014 · 00:00 · 2 min
Rompetrol Rafinare First-Half Loss Narrows To $47M
Energy

Rompetrol Rafinare First-Half Loss Narrows To $47M

Romanian Rompetrol Rafinare (RRC.RO), the refining arm of the country's second-largest oil group KMG International, Wednesday said its net loss narrowed 40% to $46.98 million in the first ha...

Florentina Dragu · 13.08.2014 · 19:40 · 1 min