Petromidia refinery, restarted after turnaround completion
Rompetrol Rafinare, a member company of KMG International, has resumed its production activity at Petromidia refinery and petrochemicals division after…
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Processing
KMG International installs automations for fuel delivery
KMG International will allocate over six million dollars until 2018 for the modernization and automation of fuel loading-unloading systems of…
Transgaz made a net profit of 384 million lei in nine months
Transgaz’s net profit in the first three quarters increased by 3% over the reference period of the previous year, in…
KMG International invested 3,5 million dollars in new gear for an oil terminal
Midia Marine Terminal, company of KMG International Group, completed the works for the replacement of the oil transfer equipment at…
US President stops the construction of Keystone oil pipeline
US President Barack Obama rejected the request of a Canadian company to build an oil pipeline between Canada and the…
Energy Transfer buys Williams for 33 billion dollars
Pipeline giant Energy Transfer Equity will buy rival Williams Cos in a deal valued around 33 billion dollars, nearly a…
PBF Energy to buy Exxon Mobil’s Torrance refinery
PBF Energy Inc said it would buy Exxon Mobil Corp’s refinery in Torrance, California and restore it to full working…
Epstein to invest 350 million dollars in an oil terminal in Constanța
A consortium of companies, mainly with American capital wants to lease land in Constanta, for the construction of an oil…
Russia to seek out-of-court settlement of Gazprom-CEE antitrust case
Gazprom has sent proposals to the European Commission regarding an out-of-court settlement of an antitrust case against the company, the…