In 1979 the refinery was renamed Teleajen after the nearby Teleajen River and held this name until 1998 when it was privatised and sold to the Russian company Lukoil for US$ 53 million; with this sale, the refinery's name became Petrotel-Lukoil.
After exercising a rule of terror in Bucharest, capturing and executing several boyars, they were decisively defeated by Rákóczi on June 26, 1655, in a battle on the Teleajen River.
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