Refineries
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ZF English
Oil firms' dilemma: Who will prove right: those who shut down refineries or those who expand further?
The rising fuel consumption pushed major domestic oil producers to announce investments of billions of euros in refineries in 2007 as it seemed Romania's petrol and diesel oil thirst would not be quenched rapidly. It took only two years, though, for this optim...
ZF English
Refineries drag Petrom's profit down to 564 million euros
Refineries drag Petrom's profit down to 564 million euros
ZF English
Petrom tries to cut down costs at refineries
Petrom will invest one billion euros over the next five years to retool and slash production costs of Arpechim Pitesti and Petrobrazi Ploiesti refineries. The company''s management on Monday...
ZF English
Refineries in need of one billion-dollar investments
The Romanian refineries require investments of approximately one billion dollars in retooling in order to meet the European standards, Antonio Cambiotti, chairman of the Romanian Petroleum A...