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Tag Archives: crude oil

Insolvent refinery RAFO Onesti, put up for sale

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 ...

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Net nominal average earnings down by 5.5pc in January

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 average ...

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Conpet signs RON 23.3m contract with OMV Petrom

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 ...

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Romania’s total imports of energy products increased by 15.7 pc in 2016

Total imports of energy products increased by 15.7 percent last year compared to 2015, mainly because of higher  imports of natural gas (+1025 thousand toe) and crude oil (+872 thousand toe), National Institute of Statistics (INS) informs. Imports of petroleum ...

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Net average wage up by 4.7pc in March

The net average wage was of RON 2,342 in March this year, up by RON 106 (+4.7%), according to data released on Tuesday by the National Statistics Institute (INS). The gross nominal average wage was of RON 3.256, by 4.8% ...

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Romania imported 7.5 tons of oil in 2016, up 13.2 pc over 2015

Romania imported last year an amount of 7.468 million tons of crude oil equivalent (toe), by 872,800 toe (13.2 percent) higher than the quantity imported during the same period in 2015, according to data centralized by the National Institute of ...

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ANRM – charged with faulty setting of oil royalties, damages of USD 1.4bn

Romania has lost USD 1.4 billion, because the National Agency for Mineral Resources (ANMR) has wrongly determined the oil royalties. ANMR did not implement the law and did not set a reference price of natural gas extracted in Romania under ...

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OMV Petrom hydrocarbon output fell by 2.2 pc in Q3 of 2015

OMV Petrom hydrocarbon output decreased by 2.2 percent in the third quarter of 2015 compared with the same period of the previous year, to 174,000 boe (barrel of oil equivalent) a day, in the context of the works scheduled at ...

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