Rompetrol

Speculations are rife about the potential buyer for Lukoil Neftohim Burgas refinery, with Azerbaijani state oil company SOCAR emerging as the primary contender, as reported by Trud newspaper.

One of the two persons injured in a recent explosion followed by fire at the Petromidia oil refinery who were transferred to Germany lost his life on Tuesday, Rompetrol has announced. "Deeply saddened, we want to inform you that today one of the two colleagues transferred urgently to Germany for treatment in the aftermath of the incident at the Petromidia Refinery has lost his life.

Rompetrol Refinery Director General Felix Crudu-Tesloveanu said on Friday that the fire at Petromidia started at the gasoline hydrofining installation and the ensuing blast generated three more outbreaks, with the probable cause being a cracked pipe. He said that the fire broke out on a platform where there is various industrial equipment and where five people were working.

The Commission for Protection of Competition (CPC) sealed the office of the Bulgarian Oil and Gas Association, the commission announced. This happened after a sudden on-site inspection. It was undertaken in the course of proceedings to establish possible infringements of the Treaty on the Functioning of the European Union in setting the prices of bulk automotive fuels. 

Bucharest Stock Exchange (BVB) opened Monday's session down, and 10 minutes in, it recorded transactions worth 14.23 million lei (2.9 million euros). The main BET index, indicating the trend of the 15 most liquid companies, registered a decrease of 9.79 pct, to 8,520.67 points, and the BET-Plus index, which shows the trend of the 37 most liquid titles from BVB, was down 9.56 pct.

Romania on Thursday approved China Energy Company Limited's purchase of a majority stake in KMG International, by which it will obtain control of the Romanian energy company Rompetrol Rafinare.

Kazahstan-based KMG International owns 48.1 per cent of Rompetrol Rafinare, with the Romanian state owning another 44.7 per cent. Other share holders hold the rest.

Officials of Bulgaria's Commission for Protection of Competition (KZK) are carrying out on Tuesday sudden inspections at the premises of Petrol and NIS Petrol, two of the fuel retailers suspected of being part of a cartel agreement.

The inspections are part of the investigation into alleged cartel agreement between seven fuel retailers and Lukoil Neftochim oil refinery in Burgas

Officials of the Commission for Protection of Competition (KZK) are conducting a sudden inspection at the premises of OMV Bulgaria on Monday.

The inspection is part of the investigation into alleged cartel agreement between seven fuel retailers and the Lukoil Nefthochim oil refinery in Burgas.

Officials of the Commission for Protection of Competition (KZK) are conducting sudden inspections at the premises of Shell Bulgaria and Eko Bulgaria on Friday.

The inspections are part of the investigation into alleged cartel agreement between seven fuel retailers and the Lukoil Nefthochim oil refinery in Burgas.

Officials of the Commission for Protection of Competition (KZK) are conducting sudden inspections at the offices of Lukoil Bulgaria and Rompetrol Bulgaria on Wednesday

The inspections are conducted in cooperation with the police and are part of the investigation of suspected cartel agreement between seven fuel retailers and the Lukoil Neftochim oil refinery in Burgas.