crude oil

OMV Petrom put into operation the largest crude oil storage tank in Romania on the platform of the Petrobrazi refinery, following investments of 23 million euros. Taller than a 10-story building, the tank can store the raw material for the…

The largest oil producers in the European Union were, in 2022, Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), according to data published on Monday by Eurostat. According to this source, EU crude oil…

Romania produced, in 2023, a quantity of crude oil of 2.795 million tons of oil equivalent (toe), with 129,200 toe less (-4.4%) than in the same period last year, according to the data released by the National Institute of Statistics (INS).…

After reaching a record high of 96.78% in 2020, the import dependency for the entire family of crude oil and petroleum products declined to 91.67% in 2021, according to a Eurostat report. This value is the second lowest since 1990, after…

The highest salaries in Romania were no longer those of IT professionals, as we were accustomed to in recent years, but of workers in the field of coke production and crude oil processing products. This includes mainly employees in the area…

Romania imported a quantity of crude oil of over 5.189 million tons of oil equivalent, 212,400 tons (4.3%) in the first nine months of 2021, higher than that imported in the similar period of 2020, according to the National Institute of…

Total energy resources available in 2018 stood at about the same level with those of 2017; compared to previous year, the primary energy production decreased by 1.7%, while imports of energy resources increased by 4.2%, gross inland…

The industrial platform of the RAFO Onesti refinery, which has become insolvent again in autumn last year, will be put on sale on April 27, 2018. The starting price is USD 50.57 million. The company has to pay debts of over RON 330 million.…

The net nominal average earnings, in January, were of RON 2,484, down by RON 145 and 5.5% respectively, while the gross wage was of RON 4,143, the National Statistics Institute (INS) has informed on Tuesday. The highest net nominal…

Conpet has signed a contract of over RON 23.3 million with OMV Petrom for the transport of crude oil, gasoline and condensate oil from the receiving to the delivering points, the Bucharest Stock Exchange (BVB) informs. Actually, it is an…