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Rompetrol was established in 1974 as the operator of the Romanian oil industry. The company was privatized in 1993 through a Management and Employee Buyout (MEBO), and turnover subsequently reduced to below $6 million by 1998. In 1998, Rompetrol was purchased by a local investor group led by Dinu Patriciu, thus increasing company
2000 – Rompetrol takes over Petros - at that time Romania's principal oilfield operator. The company has since been renamed Rompetrol Well Services. The Group's largest acquisition, Petromidia S.A., is also Romania's largest and most sophisticated oil refinery. Rompetrol committed itself to a sustained modernization process to make Petromidia ...
Vega Refinery is a Romanian oil refinery owned by Rompetrol and located in Ploiești, Prahova County. The refinery has a processing capacity of over 350,000 tons of feedstock/year. It is also the sole producer of hexane and bitumen in Romania with a production capacity of 66,000 tons of bitumen per year. [1]
A fire at a fueling station in Romania caused an explosion that killed at least one person and injured at least eight others Saturday, prompting an evacuation of the immediate area, authorities said.
This is a list of notable automotive fuel retailers ("petrol" or "gasoline", "diesel", etc.) and their controlling oil companies.The format of this page is based on current ownership and where they largely operate:
The European Union Court of Justice ruled on Monday that the Romanian judiciary should disregard decisions by the top national court which had led to thousands of corruption cases being closed ...
The U.S. Department of Justice made the allegation in a Wednesday filing in Los Angeles federal court, where U.S. President Joe Biden's son faces a scheduled Sept. 9 trial over tax evasion charges.
Location of Romania. Romania is a sovereign state located in Southeastern Europe. Following rapid economic growth in the early 2000s, Romania has an economy predominantly based on services, and is a producer and net exporter of machines and electric energy, featuring companies like Automobile Dacia and OMV Petrom.