Power Markets

Europe: Brent oil and...

Brent oil futures for the Front Month on the ICE market recorded their...

Europe: Electricity demand rises...

In the second week of June, electricity demand rose in most major European...

Record solar growth and...

During the week of June 9, solar photovoltaic energy production increased across most...

Montenegro advances renewable energy...

By the end of this year, the Gvozd wind farm, with a capacity...
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Romania: Rompetrol Rafinare reports increased Q1 2025 net loss amid market volatility and seasonal demand drop

Rompetrol Rafinare, part of the KMG International Group, posted a consolidated net loss of $37.3 million in the first quarter of 2025, up from...

Romania: Rompetrol Rafinare reports $66.7 million net loss in 2024 amid operational and market challenges

Rompetrol Rafinare, a member of the KMG International Group, reported a higher consolidated net loss of $66.7 million for the first nine months of...

Romania: Rompetrol Rafinare invests $4 million to enhance efficiency at Petromidia refinery

Rompetrol Rafinare, part of the KMG International Group, is enhancing operational efficiency at the Petromidia refinery with a $4 million investment. The company has...

Rompetrol Rafinare challenges 60% solidarity contribution in Constitutional Court

Rompetrol Rafinare, part of the KMGI Group and operator of the Petromidia and Vega refineries, has received notification from the Constanta Court of Appeal...

Romania: Rompetrol Rafinare reports $75.2 million net loss in first half of 2024, faces challenges in refining and taxation

Rompetrol Rafinare, a member of the KMG International Group, reported a net loss of $75.2 million for the first half of 2024, marking a...

Romania: Rompetrol Rafinare invested 16 million USD in two modern reactors at the Petromidia refinery

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), introduced two modern reactors into the operational flow of the Petromidia refinery, part...
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