Rompetrol Rafinare has completed the first stage in implementing a modern training system for operators at Petromidia – OTS (Operator Training Simulator), developed by a company specialized in industrial simulators, in collaboration with the internal project team made up of process engineers and unit supervisors. The OTS system facilitates the development of technical skills for […]
Rompetrol Rafinare, the company that operates the two refineries of the KMG International Group (Rompetrol), has budgeted an investment plan of over 66 million dollars for this year, according to data published by the company. The amount comes after the almost 140 million dollars invested last year, especially in the Petromidia refinery. The largest refinery […]
Rompetrol Downstream, the distribution division of the Rompetrol group, won the tender in which the company Transport Express Călători requested diesel for its fleet, according to data from the Romanian Commodity Exchange, where the tender was organized. Rompetrol won the tender for the delivery of 5,900 tons of diesel to the Prahova transport company because […]
Kazakhstan’s state oil company KazMunayGas, which controls Rompetrol Group, has submitted a bid to buy Bulgaria’s Lukoil refinery, according to two people familiar with the negotiations, cited by Bloomberg. Litasco SA, the main shareholder of Lukoil Neftohim Burgas AD – the company that runs Bulgaria’s only Burgas refinery – and its subsidiary have already accepted […]
The number of fuel distribution points in the Rompetrol network reached 1,328 after the first nine months of 2024, 16 more than a year ago and four times more than when Kazakhstan’s national oil and gas company, KazMunayGas, took over the Rompetrol group. The number of fuel distribution points increased fourfold in September 2024 compared […]
Rompetrol Quality Control (RQC), the laboratory division of the KMG International Group, celebrates 20 years since its establishment. Since 2004, the company has carried out over 12.5 million technical analyses, directly supporting the Petromidia Navodari and Vega Ploiesti refineries, as well as the only petrochemical division in Romania. The company, which employs 215 employees, 80% […]
Sustainable Fitch awarded KMG International N.V. (Rompetrol group) an ESG (environment, social, governance) rating of “3”, on a scale between 1 and 5, according to a press release from the rating agency “The rating reflects an average ESG profile. Our assessment includes the eligibility and alignment of Rompetrol’s business activities to the reference taxonomies and […]
Rompetrol remains one of the largest and most attractive employers in Romania’s industrial sector, given that the external environment has not been favorable for it in recent years, and that the increase in taxes has affected the company, Rompetrol representatives claim in a press release transmitted Thursday. “From 2022, Rompetrol operates in an environment with […]
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, the operator of the Petromidia and Vega refineries, controlled by the national oil and gas company of Kazakhstan, KazMunayGas, obtained in court the right to be referred to the Constitutional Court regarding the exception of the unconstitutionality of the emergency ordinance by which the tax was imposed of solidarity. The company has already […]
The shareholders of Rompetrol Rafinare approved, in the Ordinary General Assembly, the project of the budget of revenues and expenses for 2024, in which a net loss of 39.758 million dollars is foreseen this year, according to a report submitted, on Monday, to the Bucharest Stock Exchange. Gross revenue is estimated at $4.516 billion and […]
Romgaz, the largest gas producer in Romania, controlled by the state, announced at the end of last week, the conclusion of three contracts for the sale of natural gas worth 2.2 billion lei, which, according to our calculations, ensures the delivery of about a third of the company’s annual production. Romgaz has announced the conclusion […]
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 […]
Rompetrol has initiated spring planting activities on the International Day of Forests, together with the EcoAssist Association through the national project “Planting Good Deeds in Romania,” starting with schools in the city of Piteşti, Argeş County. Rompetrol volunteers planted various ornamental species, trees, and shrubs in the green spaces of Nicolae Bălcescu and Traian Primary […]
