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State companies did not invest, but what gov’t will do with the extra dividends remains to be reviewed
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Category: Processing
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Electric cars only half as profitable at first: Daimler
Daimler has set a new target of saving 4 billion euros ($4.8 billion) by 2025 to help offset the lower…
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CEFC will close the deal with Rompetrol’s shareholder in a few weeks
China’s CEFC could conclude the process of purchasing 51 percent of the shares of oil company KMG International NV by…
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NAFTA negotiators seek to enshrine Mexico’s energy reforms
U.S., Canadian and Mexican negotiators are zeroing in on ways to enshrine Mexican President Enrique Pena Nieto’s sweeping energy reforms…
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Fuel excises to grow in two legs, on Sep 15th and Oct 1st
Finance Minister Ionuţ Mişa announced on Wednesday, at the beginning of the Government meeting, that excise taxes on fuel will…
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Rompetrol’s shareholder, CEFC, in early talks to buy Rosneft stake
CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to…
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Rompetrol Rafinare closes first semester with a net loss of $ 7 million
Rompetrol Rafinare, a KMG International group member company, registered a gross consolidated turnover worth USD 1.7 billion in the first…
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Gazprom Neft to boost dividends as output growth beats peers
Gazprom Neft PJSC, the oil unit of Russia’s biggest natural-gas exporter, is set to boost dividends over the next few…
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S1 2017: Net profit of 868 million lei for Romgaz, 85% of the net profit in full year 2016
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Oltchim profits up in H1 about 50% prior to privatization
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KMGI to expand fuel station network in Romania and Bulgaria
Oil refiner KMG International (KMGI) wants to open more petrol stations in Romania and Bulgaria and is on the lookout…
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OMV Petrom’ S1 numbers – an Econ 101 lesson for Gov’t
OMV Petrom announced a net profit of 1.21 billion lei in the first half of this year, nearly three times…
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KMG International starts internship program at Petromidia and Vega refineries
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MOL raises bar for 2017 after H1 good results
MOL Group announced all business segments increased their earnings in H1, implying a 23% growth of Clean CCS EBIDTA in…
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Fuel sales increased more than the average in H1 (INS)
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