In Romania 66 new fuel stations were opened in 2014
Fuel distribution market is becoming increasingly competitive, in the first six months of the year 66 new fuel stations appeared,…
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OMV Petrom
OMV sold its stake in Bayernoil refineries
OMV has closed the sale of its 45% stake in the German Bayernoil refinery network, another step in its downstream…
Karimov, SOCAR: We are still interested in Oltchim
Azeri state oil company SOCAR is still interested in taking over the petrochemical plant Oltchim and analyzes this opportunity, said…
At the Black Sea, energy matures hastily (EBc, June 11)
Just a few years after it had started on the national market, renewable energy is forced to pass a ritual…
Petrom, Exxon and Transgaz signed an agreement for transporting gas from the Black Sea
OMV Petrom, Exxon and Transgaz Mediaș signed an agreement last week granting that gas production from the Black Sea will…
CupruMin Abrud will be sold in 2015; Oltchim, bundled with Arpechim
CupruMin made a profit in 2013 and will be sold by listing on the stock exchange in 2015, along with…
Petrom to pay between 13 and 205 million euro for drilling operations in Galati
Petrom, the largest oil producer in the country, will spend up to 200 million for drilling an old reservoir in…
On May 27, Atlas Copco presents its back-up solutions for refineries
On 27 May, at Ploiești West Park, Atlas Copco presents for the O&G specialists the mobile oil-free Diesel compressors. These…
FP is about to exit from Transelectrica shareholding
Fondul Proprietatea (FP) would want to sell its 13.49% stake in Transelectrica and it selected Romanian brokers to seek buyers,…
ExxonMobil spends over 100 million dollars for operations in the Black Sea
ExxonMobil’s involvement into the exploration operations in the Romanian Black Sea area gets a new financial wheight after the US…
Petrom’s business dwindle in T1; the group loses the seat of Romania’s leading company
Petrom Group announced the unaudited financial results for the first quarter of 2014, and the figures show that gross profit…
