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Petrochemical industry in Romania. The emergence of oil production in the territory now known as Romania dates back to 1857, [1] with oil facilities gaining strategic military significance in 1916 during World War I. Throughout World War II, the Kingdom of Romania held the position as the largest oil producer in Europe, second only to the USSR ...
Romania's oil production peaked in the 1970s. Romania's gas production peaked in the 1980s. Possessing substantial oil refining capacities, Romania is particularly interested in the Central Asia – Europe pipelines and seeks to strengthen its relations with some Persian Gulf states. Refining capacity was reduced by 2018, with just 5 refineries ...
The Brazi refinery on fire in 1943. Petrobrazi was founded on 17 June 1934 by the Creditul Minier Society in a strategic industrial zone of 440 ha (4.4 km 2) located in Southern Romania near Ploiești. [3] The first oil processing capacity was established in 1934 and had a processing capacity of 300,000 tonnes/year. [1]
19 dead and 97 wounded. 101 civilians killed and 238 injured. Operation Tidal Wave was an air attack by bombers of the United States Army Air Forces (USAAF) based in Libya on nine oil refineries around Ploiești, Romania, on 1 August 1943, during World War II. It was a strategic bombing mission and part of the "oil campaign" to deny petroleum ...
History also remembers the city as the site of the self-styled Republic of Ploiești, a short-lived 1870 revolt against the Romanian monarchy. During World War I , Ploiești's oil production made it a target when the Central Powers invaded Romania in 1916 , a British Army operation commanded by Colonel John Griffiths destroying production and ...
Floor area. 380 hectares (40,902,860 sq ft) Petrotel Lukoil Refinery is one of the largest Romanian oil refineries and one of the largest in Eastern Europe, located in Ploieşti, Prahova County. Its main activity is the processing of Romanian and Russian oil, but a separate unit is specialised in biodiesel production and another unit ...
Completed. 1 December 1905; 118 years ago (1905-12-01) Owner. Rompetrol. 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 ...
The economy of Romania is a high-income mixed economy, with a high degree of complexity. [ 40 ] It ranks 12th in the European Union by total nominal GDP [ 41 ] and 7th largest when adjusted by purchasing power (PPP). [ 42 ] The World Bank notes that Romania 's efforts are focused on accelerating structural reforms and strengthening institutions ...