ROMPETROL
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Romanian Government To Approve Memorandum With Rompetrol
Romanian Prime Minister Victor Ponta asked minister delegate for Energy, Constantin Nita, to prepare a draft with the Justice Ministry representatives, so that the Government would approve t...
Rompetrol Expects 7.6% Lower Revenue In 2014, To $12B
Romania’s second largest oil group Rompetrol, controlled by Kazakh state-owned company KazMunayGas, estimates turnover of $12 billion in 2014, down 7.6% from $13 billion in 2013, based on fo...
How Major Gas Station Operators Divided Turf In Romania
Romania’s largest oil and gas company OMV Petrom (SNP.RO) operates the biggest local gas station network, and rivals Rompetrol, MOL and Lukoil either decided to fight it directly or strength...
Rompetrol’s $100M Investment In Black Sea Terminal ‘Fully Recovered’
Romania’s second largest oil group Rompetrol Monday said it has fully recovered a $100 million investment in its Midia Marine loading terminal at the Black Sea.
Court Finds Memorandum With Rompetrol Unconstitutional
Romania’s Constitutional Court Thursday sustained President Traian Basescu’s objection and declared the law approving a memorandum of understanding (MoU) between Romania and oil group Rompet...
Rompetrol Expands Gas Station Network To 59 Units In Moldova
Rompetrol Moldova, part of Romania’s second largest oil group Rompetrol, has recently opened two new gas stations in the Republic of Moldova and expanded its Moldovan network to 59 units.
Rompetrol Rafinare 9-Month Loss Narrows To $86M
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, Wednesday said its net loss narrowed 25% to $86.1 million in the first nine month...
Rompetrol’s Rominserv Gets $8M Contract To Consult On Kazakh Refinery Upgrade
Rominserv, the general contractor of Romania’s second-largest oil group Rompetrol, has been awarded a $8 million contract for consultancy services until the end of 2015 on the upgrade of a K...
Parliament Rejects Basescu’s Request To Reexamine Memorandum With Rompetrol
Romania’s Senate Wednesday rejected President Traian Basescu’s request to reexamine a bill approving a Memorandum of understanding between the state and oil company Rompetrol, signed in Buch...