FUEL
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Oil Terminal Seeks Plan B To Survive Without Its Main Client, Lukoil Refinery
State-run harbor operator Oil Terminal (OIL.RO) wants to develop as a center of oil and fuel trade in the Black Sea region, in an attempt to boost the business that has been flat for four ye...
Cheaper Crude Oil Annuls Excise Duty Hike In Romania
The price of a gasoline liter in Romania reverted to the level of end-March, with the plummeting crude oil prices canceling the increase of fuel excise duty by 0.07 euros per liter introduce...
MOL Nears 190 Filling Stations In Romania Through Agip Integration
Hungary’s oil group MOL says that after acquiring the 42 Agip filling stations through which Italy’s ENI was still present in Romania it will reach a network of almost 190 stations, but that...
Romania’s Biggest Refineries, Able To Entirely Cover Local Diesel Oil Demand
The almost EUR1 billion investments carried out in the past two years in two of Romania’s largest refineries, Petromidia and Petrobrazi, are likely to completely wean the local market off im...
Petrobrazi Refinery Can Provide Enough Fuel For Half Of Romania’s Vehicles
OMV Petrom (SNP.RO), the largest local oil company, can produce about 47% of the fuel Romania needs, following completion of the EUR600 million upgrade at its Petrobrazi refinery (Ploiesti)....
Romania’s 20 Largest Private Gas Station Operators Get Over EUR400M In Revenue In 2013
Companies such as Smart Diesel, Turist Service, Rombeer Cringasu or Alsacom, run by little known businesspeople, have been striving to resist competition from companies such as OMV Petrom, R...
Electricity, Gas And Fuel Consumption Down In 1H
Romania used 3.2% less electricity in the first half, as well as 4.7% less natural gas and almost 3% less fuel.
Excise Duty Hike May Lower Fuel Consumption, Favor Public Investments - Finance Ministry
Romanian Finance Ministry took into account a decrease in fuel consumption following the fuel excise duty hike but considers that the transfer of revenue from the private sector to the state...
April 1 Brings Additional Fuel Excise Duty And Natural Gas Price Hike
The Romanian industry will get a double blow on April 1 with the introduction of the additional EUR0.07 excise duty per liter of fuel devised by Ponta Government to boost budget revenue and...