FUEL
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Oscar Downstream Sees Revenue Up To EUR430M In 2015
Oscar Downstream, a company specializing in wholesale fuel distribution, has grown to 1,300 in-house fueling stations (fueling stations installed at its customers) and a network of 30 regula...
Oscar Downstream Expects EUR430M Revenue In 2015
Oscar Downstream, the largest local independent oil company, ended the first half with 830.4 million lei (about EUR186 million) revenue, down almost 6% on the year-ago period, and expects to...
Non-Oil Products, A EUR500M Business For Gas Stations
Cigarettes, mineral water, soft drinks and sandwiches are among the best-selling non-oil products available in gas stations with hundreds of suppliers vying for contracts with the main gas s...
EUR200M Investments In New Gas Stations In Romania
The fuel market in Romania, a EUR10 billion business dominated by four major companies, OMV Petrom, Rompetrol, Lukoil and MOL, is seeing investments completed or in progress by new names.
Smart Diesel Becomes Romania’s Largest Independent Filling Station Operator
Smart Diesel, a company based in Arad and held by several little known businessmen, had 9.7 million lei (EUR2.19 million) revenue in 2010. It is now headed towards RON545 million from refuel...
Antitrust Authorities Look Into Fuel Distribution Market After Massive Crude Oil Price Slump
Romania's antitrust watchdog is monitoring the fuels distribution market to see whether oil companies lowered fuel prices to reflect the price of crude oil, which halved to around $50 a barr...
Major Energy Markets Showing Signs Of Rebound
The major energy markets, fuel and electricity, showed signs of rebound in the first half after years of decline. Gas consumption, on the other hand, did not, given the hard times the local...
Fuel Demand Rebound And Good Refining Margins Won’t Change Arpechim’s Fate
Neither the significant improvement of the refining margins nor the rebound in oil product demand can change the fate of Arpechim, the third largest oil refinery by capacity in Romania held...
Rompetrol Turns Gas Stations Over To Dealers
Rompetrol, the second leading player in the local oil industry, is changing the business model for its gas station network, transferring about 140 stations to dealers.