Processing
Construction of TAP gas pipeline started in five states
The construction of the five billion euros Trans Adriatic gas Pipeline (TAP) started in five countries in Southeastern Europe, writes…
The oil terminal in Constanța, over 7 million lei profit
Oil Terminal recorded in the first three months of this year a net profit of nearly 7.1 million lei, with…
Rompetrol Rafinare remains on profit after first quarter
Rompetrol Rafinare, a company member of KMG International Group, recorded a net consolidated result in amount of over 40 thousand…
KMGI will use all legal mechanisms to protect their investments in Romania
PRESS RELEASE, MAY 9th, 2016 Today, May 9 2016, we have been communicated that KMG International NV (“KMGI”), Oilfield Exploration…
Petrom pays dearly for Oil Terminal services
Oil Terminal will receive in the next 12 months approximately 31.5 million lei for storage of crude oil and oil…
Transgaz made last year nearly 70% of the proposed investment
Last year, the natural gas transport and dispatching company Transgaz, has made investments totaling 239.55 million lei, representing 68% of…
OMV is betting on Romania for granting stability in an uncertainty dominated environment
“Some might say that I lack vision. I can admit that. But look how many fail around us, so we…
European Commission is investigating the cancellation of state debts in Oltchim
The cancellation of debt the state had at Oltchim, decided and executed by the Romanian Government, has intrigued the European…
Habau inked the contract to finalize Bulgaria – Romania gas link
Austrian company Habau PPS Pipeline Systems was designated to be the builder of the underwater section of gas interconnector Bulgaria…
KMG International: We are eager to finalize rapidly negotiations with China Energy Company
KMG International (ex Rompetrol Group) wants to complete rapidly the negotiations with China Energy Company (CEFC) “to be bigger and…
TAP construction starts this summer
The construction works of the Trans Adriatic Pipeline (TAP) will start mid this year in Greece, said the Greek segment…
