Processing
Rompetrol expands by 9 stations the fuel distribution network in Georgia and Moldova
Rompetrol Georgia and Rompetrol Moldova, subsidiaries of KMG International, opened 9 new stations from the beginning of the year, increasing…
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…
European Commission warns Bulgaria to suspend South Stream
Commission President José Manuel Barroso made it plain that the EU executive would impose infringements on Bulgaria regarding the Gazprom-favoured…
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…
Exxon Mobil expands cooperation with Rosneft, in spite geopolitical of tensions
Texas-based oil giant ExxonMobil and Russia’s state-controlled oil company Rosneft shook hands Friday while the U.S. and European nations continue to discuss…
Rusia and China signed the biggest gas deal since the fall of USSR
Russia and China signed a memorandum of understanding that says Gazprom will supply China National Petroleum Corp (CNPC) for 30…
FIC: Special Construction Tax will create major distortions, it should be reviewed
Foreign Investors Council (FIC) argues that the introduction in the current form of a special construction tax, known as the…
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…
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…
Rompetrol Rafinare – 48% turnover growth, due to the sales increase
###author### During the first quarter of the year, the consolidated turnover of Rompetrol Rafinare, a member company of KMG International,…