03.27.2024

JT Grup Oil, a fuel wholesaler of Constanta controlled by businessman Jean Paul Tucan, has finalized the first stage for the development of an oil product terminal, a EUR25 million project funded from more

03.22.2024

Port operator Oil Terminal (OIL.RO) has convened an ordinary general meeting of shareholders to vote, among other things, on the distribution of the net profit for the financial year 2023, namely the more

02.27.2024

Romanian state-owned port operator Oil Terminal (OIL.RO) has budgeted net profit of RON15.7 million for 2024, up 9.8% from the net result anticipated for 2023, and also expects total revenue of more

02.16.2024

Romania produced a quantity of crude oil of 2.795 million tons of oil equivalent (toe) in 2023, fewer by 129,200 toe (-4.4%) than in the same period of 2022, in line with data released by the National more

02.14.2024

Romanian state-owned port operator Oil Terminal, 87.7% controlled by the Romanian state, ended 2023 with net profit of RON14.2 million, up 23.2% year-on-year. more

12.29.2023

Romanian state-run port operator Oil Terminal (OIL.RO) announced on the Bucharest Stock Exchange the signing of three service and forwarding contracts, for a period of one year from January 1, 2024, more

11.22.2023

Agro Oil Service for 2022 reported turnover worth RON281.2 million (EUR57 million), up 15.3% from 2021, in line with ZF calculations based on Finance Ministry data. more

11.22.2023

Socar Petroleum SA, a subsidiary of SOCAR (The State Oil Company of Azerbaijan Republic), has joined the race of companies interested in the construction of a bitumen terminal in Constanta Port in more

11.14.2023

Romanian state-run port operator Oil Terminal (OIL.RO) ended the first nine months of 2023 with a consolidated profit of RON23.5 million, down 18.2% from RON28.7 million in the year-earlier period, as more

10.23.2023

Romanian state-run port operator Oil Terminal (OIL.RO) is starting the selection process for the construction of a bitumen terminal in the Black Sea Port of Constanta. more

09.14.2023

Romanian state-run port operator Oil Terminal (OIL.RO) on Thursday (Sept 14) announced in a stock market report that it signed an association agreement with Iulius Real Estate, a real estate more

09.12.2023

Federatia Patronala Petrol şi Gaze (the Oil And Gas Employers’ Federation) is strengthening its management team by appointing Daniel Apostol as its new general director. more

09.01.2023

State-run port operator Oil Terminal (OIL.RO) said in a stock market report on Friday (Sept 1) that its shareholders approved the establishment of a partnership with developer Iulius Real Estate for more

08.11.2023

State-run port operator Oil Terminal (OIL.RO) reported a net profit of RON25.4 million for the first half of 2023, up 43% from RON17.8 million reported in the same period of 2022, the company said in more

07.18.2023

Oil drilling company Foraj Sonde Videle (FOJE.RO) has signed a framework contract for onshore drilling with OMV Petrom (SNP.RO), Romania’s only oil and natural gas producer, it said in a report to more

05.12.2023

State-run port operator Oil Terminal (OIL.RO) has announced for the first three months of 2023 a net profit of RON23.4 million, up 103% compared with the net result reported for the same period of more

05.08.2023

The Romanian State, through the Energy Ministry, has significantly increased its ownership stake in state-run Oil Terminal (OIL.RO), the largest port operator in the Port of Constanta, following a more

03.28.2023

After reaching a record high of 96.78% in 2020, the import dependency for the entire family of crude oil and petroleum products declined to 91.67% in 2021, according to a Eurostat report. more

03.22.2023

The Board of Directors of state-run port operator Oil Terminal (OIL.RO) has called shareholders for a General Meeting on April 27 to vote on the payment of dividends. more

03.02.2023

State-run Oil Terminal (OIL.RO) received approval from the Energy Ministry to start negotiations with real estate developer Iulius Group on a EUR815 million urban regeneration project in Constanta. more

02.15.2023

Romanian oil storage and shipment firm Oil Terminal, controlled by the Romanian state via the Energy Ministry, posted RON11.6 million net profit in 2022, up 102% year-on-year. more

12.28.2022

Companies operating in the field of oil and gas extraction or those involved in oil product manufacturing are likely to be subjected to a new tax on 2022 and 2023 profit, in line with a draft more

12.13.2022

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said in a stock market report on Tuesday (Dec 13) that its Board of Directors decided to extend the mandate of Viorel-Sorin more

11.14.2022

Vegetable oil producer Argus Constanta (UARG.RO) posted RON36.2 million net profit at the end of September, 12 times higher than the RON3 million of the year-ago period, the company said in its latest more

11.14.2022

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said in a stock market report on Monday (Nov 14) that it ended the first nine months of 2022 with a net profit of RON28.7 more