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petrotel refinery

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Lukoil appoints Eugene Maniakhine to oversee Petrotel refinery restructuring

Lukoil has appointed Eugene Maniakhine to oversee the restructuring of its Petrotel refinery in Romania. The facility entered insolvency proceedings in August 2026 after...

Petrotel refinery in Ploiești moves toward insolvency amid restart plans

Petrotel refinery in Ploiești is preparing to enter insolvency proceedings, with management saying the process is aimed at preserving the industrial site and creating...

Romania to Restart Petrotel Refinery Following US Waiver

Romania is poised to enhance its domestic fuel supply as plans are set in motion to restart Lukoil’s Petrotel refinery. This decision follows the...

Romania Considers Reopening Petrotel Refinery Amid Fuel Market Pressures

The Romanian Government is evaluating the potential reopening of the Petrotel refinery in Ploiesti as a strategic measure to stabilize its domestic fuel market....

Romania prepares emergency legislation to enable sale of Lukoil’s petrotel refinery

Romania is preparing special legislation to enable the sale of Lukoil’s local assets, including the Petrotel refinery, marking a shift in strategy after Energy...

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