Rompetrol Rafinare, the operator of the Petromidia and Vega refineries, reported growing financial results in the first quarter, despite a scheduled shutdown for overhaul. The company reported a net profit of just over half a million dollars, compared to a loss of 37 million a year ago. Rompetrol Rafinare recorded a turnover of over 1.4 […]
The Romanian refineries of the Rompetrol group, controlled by KazMunayGas, the national oil company of Kazakhstan, recorded sharply growing operational results, according to data presented by the Kazakh company. “The KMG International refineries (Petromidia, Vega) produced 37.1% more petroleum products, totaling 4.53 million tons, due to the restoration of refining volumes within the facilities,” KazMunaiGas […]
The Romanian state has lost the opportunity to collect 200 million dollars from the sale of part of its stake in Rompetrol Rafinare Constanța, the company controlled by the national oil company of Kazakhstan, KazMunaygas, which operates the Petromidia refinery, the largest in the country. It had 10 years to do so, and now the […]
Midia Marine Terminal (MMT), a member company of KMG International (Rompetrol) Group, has recently completed a key stage of technical turnaround works at the offshore marine terminal, aimed at ensuring the continuity of crude oil supply operations for the Petromidia refinery, as well as safe operations. “The works carried out, which lasted around 10 days, […]
The volume of raw materials processed in the Petromidia and Vega refineries of the Rompetrol group (KMG Interntional) increased by 60.7%, reaching 2.97 million tons in the first half of this year, according to data from KazMunayGas (KMG), the national oil and gas company of Kazakhstan, the sole shareholder of the Rompetrol group. The significant […]
Nurlan Zhakupov, head of Samruk-Kazyna, met with the management of KazMunayGas and its subsidiary, KMG International (Rompetrol group), in Romania to discuss production indicators and development plans, according to local media reports. Samruk-Kazyna is the sovereign wealth fund of Kazakhstan, which controls the country’s major companies, including KazMunayGas, the national oil company of the Kazakh […]
Rompetrol Rafinare, the operator of the Rompetrol, Petromidia and Vega refineries, will increase its fuel exports this year. However, the domestic market remains a priority. 65% of Rompetrol Rafinare’s fuel production will go to the Romanian market this year, and the rest to export. In terms of volumes, 3.2 million tons of refined petroleum products […]
The refining capacity of Petromidia, Romania’s largest oil refinery, has increased to over 5 million tons per year, following the completion of its takeover by Kazakhstan’s national oil and gas company, KazMunayGas, up from 3.5 million tons in 2007, according to company officials. Investments made in the past 17 years have amounted to over $1 […]
Rompetrol Rafinare, a member company of the KMG International (Rompetrol) Group, implemented a new alarm system on the Petromidia Navodari platform, through an investment of 700,000 dollars, part of the company’s commitment to the safety of employees and neighboring communities. “Continuous investments and the development of projects with an impact in the safety area, including […]
Rompetrol Rafinare, a member company of the KMG International group, continues to invest in equipment that supports the efficiency of the operational flow in the Petromidia refinery. With an investment of approximately four million dollars, the company completed a project to convert the CO Boiler of the catalytic cracking unit (FCC) from natural water circulation […]
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), has renewed the Hydrogen Power Plant (HPP) in the Petromidia refinery, through an investment of almost 10 million dollars. The project aimed at replacing all the subassemblies that make up the reformer furnace, the most important and most complex part consisting in changing the 114 […]
Rompetrol Rafinare, member company of the KMG International Group (Rompetrol), introduced two modern reactors into the operational flow of the Petromidia refinery, part of the Middle Distillate Hydrotreating (HDV) unit, which will reach optimal operational parameters in the shortest time possible. The investment of about 16 million dollars, implemented as part of the recently […]
Rompetrol Rafinare Constanța, the company part of the KMG International group (Rompetrol), which manages the Petromidia refinery, is looking for a partner for the construction of a green hydrogen plant, on the premises or near the refinery, the company says in an announcement posted on its website. “From gray to green, the energy transition We […]
Currently, Rompetrol Rafinare is carrying out the general turnaround of the Petromidia refinery. Activities and operations are stopped for maintenance, recertification and modernization of production units. Against this background, this morning, there was an ignition in the Gasoline Hydrorefining (HB) installation. It was extinguished and there are no victims, the situation being under the control […]
