08.11.2022

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said in a stock market report on Thursday that it ended the first half of 2022 with a net profit of RON17.8 million, up almost more

07.27.2022

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) on Wednesday said it concluded a contract with OMV Petrom (SNP.RO) for the transport of crude oil during the August 1 - 31, 2022 period, more

06.15.2022

Black Sea Oil & Gas SA (BSOG) together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus Dacia on Wednesday announced that production has started from the Midia Gas Development more

05.12.2022

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON11.5 million for the first quarter of 2022, up 81% from the year-earlier period, in line more

03.18.2022

Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, exported $960 million worth of oil products in the region to the subsidiaries of KMG International in more

02.14.2022

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) ended 2021 with a turnover of RON212 million, up 10% on the year, and a net profit of RON5.7 million, up 55% form the same period more

02.11.2022

Timisoara-based fuel supplier Artoil posted revenue of EUR145 million in 2021, up 45% on the previous year, the company said. more

12.16.2021

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) has summoned its shareholders on December 16 to approve the contracting of a long-term investment loan worth RON98.4 million, of more

11.30.2021

The Petromidia refinery, the most important asset of Kazakhstan’s KazMunayGas in Romania, as well as assets in the hydrocarbon production area of OMV Petrom, are on the radar of Poland’s PKN more

11.12.2021

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) said Friday in its financial report that it ended the first nine months of 2021 with a net profit of RON18.93 million, up 90.5% more

10.29.2021

OMV Petrom, the largest energy company in South-Eastern Europe, reached a turnover worth RON17 billion at the end of the first three quarters of 2021, up 13% from the year-earlier period, and its net more

08.30.2021

Ardealul Carei, one of the largest vegetable oil producers controlled by local entrepreneurs, with turnover topping EUR50 million in 2020, is poised to finalise a EUR3.5 million investment project, more

07.20.2021

Ardealul Carei, one of the largest vegetable oil producers held by local entrepreneurs, posted more than RON258.8 million (EUR53.7 million) revenue in 2020, a decrease of 5% year-on-year, ZF has more

06.14.2021

Oscar Downstream, the largest entrepreneurial business in the oil product sector in Romania, saw its net profit grow 3.4 times to RON155 million, as the company managed toe expand its customer base more

05.28.2021

Lukoil Romania, the company that operates the retail business and the 320 gas stations of Russia’s Lukoil group in Romania, ended last year with RON5.9 billion (some EUR1.23 billion) revenue, a more

05.13.2021

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) ended the first quarter of 2021 with a net profit of RON6.3 million, up 57% on the year, and a turnover of RON47.8 million, more

05.07.2021

Prutul, one of the largest producers of vegetable oil in Romania, based in Galati, made almost RON16 million net profit in 2020, three times higher than in 2019, financial analysis platform more

04.26.2021

Shareholders of Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Monday approved the distribution of 50% of the company’s 2020 profit under the form of dividends, with a more

02.12.2021

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Friday reported a net profit of RON3.55 million for 2020, up 47.8% compared with 2019. more

12.29.2020

OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe has signed the transaction for the sale of its 100% shareholding in Kom-Munai LLP (KOM) and Tasbulat Oil Corporation LLP (TOC) more

11.17.2020

Romanian state-run oil transporter CONPET Ploiesti (COTE.RO) on Tuesday put into service the newest and largest crude oil storage tank, in Calareti, which hosts a pumping station for imported crude more

09.22.2020

OMV Petrom, the largest energy company in South-Eastern Europe, has revised its medium and long-term oil and electricity price assumptions leading to net impairments of around RON350 million after more

08.13.2020

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON7.6 million for the first half of 2020, up 64.8% on the year. more

07.27.2020

Roserv Oil, part of freight railway operator GRAMPET Group, has acquired the industrial platform of bankrupt oil refinery RAFO Onesti in a public tender coordinated by RAFO's liquidator CITR, the more

07.02.2020

Oil and gas (O&G) companies anticipate digital applications will deliver on average a 10% increase in revenue due to increased production and reduced time to project start-up, and an 8.5% decrease in more