02.06.2014

The thermal power plant that Romania’s second largest oil group Rompetrol pledged to build if Government approves the memorandum of understanding with the company, will be completed in 2017, said more

02.06.2014

Romania’s second largest oil group Rompetrol plans to invest some $100 million in upgrading its local units and building new gas stations in 2014, a senior official said Thursday. more

01.23.2014

Romania’s second largest oil group Rompetrol Thursday said it will resume its investment program in Romania, after the Government approved a memorandum of understanding signed with the company last more

01.22.2014

The Romanian Government has approved in its Wednesday meeting the memorandum of understanding (MoU) with oil group Rompetrol, people close to the matter said. more

01.13.2014

Romania’s second largest oil group Rompetrol has taken preliminary steps to finance new projects worth $350 million as soon as a memorandum with the government is in place, the company said Monday. more

01.07.2014

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 the more

12.30.2013

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 forecasts more

12.09.2013

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 strengthen more

12.02.2013

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. more

11.21.2013

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 Rompetrol more

11.20.2013

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. more

11.14.2013

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 months, from more

11.14.2013

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, reported net profit of 23.8 million lei (EUR5.4 million) in the first nine months of 2013, double from more

10.31.2013

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 Kazakh more

10.16.2013

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 Bucharest more

10.08.2013

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, will take over the group’s entire oil and natural gas extraction activity in Romania and Libya. more

10.01.2013

The Bucharest Court of Appeals has overruled a claim filed by Rompetrol Downstream, the fuel distribution unit of oil group Rompetrol, to have a 160 million lei (EUR37.8 million) fine applied by more

09.20.2013

Rompetrol wants to enter the Turkish fuel market, which is growing at a rate of 4% a year, using the surplus fuel refined by Petromidia, Romania’s largest refinery whose capacity it increased to 5 more

09.19.2013

Romania’s second largest oil company Rompetrol will invest $17 million to revamp 25 gas filling station and launch three new others by the end of this year. more

08.12.2013

Rompetrol Rafinare (RRC.RO), the refining arm of Romania’s second-largest oil group Rompetrol, Monday reported a net loss of $78.4 million for the first year-half, narrower than $131.8 million in more

08.09.2013

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, reported net profit of 16.14 million lei (EUR3.6 million) for the first half of 2013, 2.5 times higher on more

08.08.2013

Romania’s second largest oil company Rompetrol Rafinare (RRC.RO) Thursday said it has completed a $53 million investment in upgrading the coker unit at its Petromedia refinery. more

08.01.2013

Rominserv Valves Iaifo Zalau, the general contractor of Romania’s second-largest oil group Rompetrol, was awarded a $1.07 billion contract to modernize and upgrade the Pavlodar refinery in more

07.31.2013

Romania’s second largest oil group Rompetrol, controlled by Kazakh state-owned company KazMunayGas, opened 12 more gas stations in the Republic of Moldova and Bulgaria this year, expanding its more

07.25.2013

French oil company Dyneff, a unit of Dutch-registered group Rompetrol, and Total Group invested $41 million in an oil terminal in Port la Nouvelle at the Mediterranean Sea. more