06.06.2012

No local oil company has announced plans to cut pump prices, despite the drop of the Brent oil barrel below $100 in the past week, to the January 2011 level, and despite the 24% decline recorded since more

05.31.2012

Romania’s second largest oil group Rompetrol has opened three new gas stations in Georgia, bringing its local network to 68 units, the group said Thursday. more

05.24.2012

Rompetrol, the second-largest player on the Romanian oil market, continued cost cuts in the first part of this year, with over 100 people having left the group since the beginning of 2012. Rompetrol more

05.22.2012

Kazakh state-run oil and gas company KazMunayGas Tuesday said it has appointed Zhanat Tussupbekov as the new chief executive officer of its Romanian unit Rompetrol. more

05.18.2012

Fitch Ratings on Friday revised the outlook on Netherlands-based The Rompetrol Group N.V. (TRG) to stable from negative while affirming its long-term foreign currency issuer default rating at 'B+', more

05.17.2012

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, has won a $800,000 service contract at an oil well in South Sudan, the company said Thursday. more

05.15.2012

Rompetrol Moldova, member of oil group Rompetrol, has recently opened two more gas stations, extending its network to 47 filling stations countrywide. more

05.11.2012

Romanian oil company Rompetrol Rafinare (RRC.RO), part of The Rompetrol Group, Friday reported a first-quarter net loss of $62.7 million, much larger than $11.3 million in the year-earlier period. more

05.11.2012

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Friday said its net profit fell 6% on the year to 3.2 million lei (EUR0.72 million) in the first quarter, more

04.26.2012

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, estimates its net profit will increase by 11% to 17.5 million lei (roughly EUR4 million) in 2012, as costs more

04.10.2012

Romanian Rompetrol Downstream on Tuesday increased pump priced for gasoline by 0.14 lei (EUR0.03) per liter, which means that one liter of Efix 95 costs RON5.94 and premium Alto 101 costs RON6.58 per more

03.28.2012

Romanian Rompetrol Rafinare SA (RRC.RO), which clusters the refinery operations of oil group Rompetrol, expects to reduce its loss this year to $86 million, from $167.4 million in 2011. more

03.27.2012

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, Government more

03.26.2012

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 Astana, the more

03.22.2012

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. more

03.22.2012

Rompetrol Well Services (PTR.RO), the rig services division of oil group Rompetrol, on Thursday proposed a gross dividend of 0.029 lei (EUR0.0066) for 2011, compared to RON0.015 dividend paid last more

03.14.2012

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 UniCredit more

02.29.2012

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 investment in more

02.15.2012

Rompetrol Rafinare (RRC.RO) on Wednesday reported a consolidated turnover of $4.812 billion, up 35% on the year, while its net loss widened by some 27%, to $252.5 million. more

02.15.2012

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Wednesday said its net profit rose 7% to 15.5 million lei (EUR3.56 million) in 2011, from RON14.5 million in more

01.25.2012

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. more

01.24.2012

Toma Veron, former general manager of Rompetrol Gas, the liquefied petroleum gas (LPG) division of the Rompetrol Group, has been appointed in a senior management role with the natural gas distributor more

01.10.2012

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 and more

01.10.2012

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 inquiry more

01.04.2012

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 KazMunayGas just more