Rompetrol Rafinare, part of the KMG International Group, has committed approximately $20 million to the ecological rehabilitation of the historical lagoons.
Rompetrol Rafinare has announced the completion of a major stage in its tank farm rehabilitation and modernisation program at the Petromidia refinery.
Rompetrol Rafinare has announced the signing of an amendment to a syndicated loan agreement, with a value of up to $600 million.
Rompetrol Rafinare announces a turnover of 3.57 billion dollars and losses of 66.7 million dollars in the first 9 months of the year.
The financial results were influenced by the planned shutdown of the Petromidia refinery, between March and May 2024.
The project, implemented during the turnaround, involved replacing the system with a state-of-the-art one, fully automated.
This special equipment is designed and executed for operation at considerable temperatures and pressures, in an environment with the presence of hydrogen.
Rompetrol initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the timely completion of the maintenance and modernization.
Romanian PM Ilie Bolojan has announced that a transitional period for natural gas pricing will be implemented between 1 April this year and the end of March 2027.
Mass Global Energy Rom has announced a new strategic investment of approximately €1 billion in Battery Energy Storage System (BESS) capacities.
Star Residence Invest, the first investment platform listed on the Bucharest Stock Exchange (BVB) dedicated to the real estate sector, has appointed Adrian Tănase as CFO.
Romanian grid power operator Transelectrica has signed a Memorandum of Understanding with Georgian State Electrosystem JSC (GSE) to develop the Georgia-Romania Interconnection Project, a submarine cable in the Black Sea.
The Romanian Business Leaders Foundation (RBL) has been accepted as a member of the European Bank for Reconstruction and Development's Civil Society Steering Committee for a two-year mandate from 2026 to 2027.