FUEL
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ELCEN Wants To Borrow RON200M To Buy Fuel
Romanian state-run electricity and thermal power producer Electrocentrale Bucuresti (ELCEN) wants to borrow 200 million lei (EUR45 million) from banks to buy fuel for energy production betwe...
Small Gas Station Owners Hold 10% Of $5.5B Fuel Market
Independent gas stations hold 10% of Romania’s gasoline and diesel oil market, estimated by ZF at $5.5 billion (EUR4.5 billion) last year.
Fuel Demand Down 10%, Price Up 60% In Romania in 2008-2012
Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonito...
Rompetrol Takes Romanian Diesel To Turkey
Rompetrol wants to enter the Turkish fuel market, which is growing at a rate of 4% a year, using the surplus fuel refined by Petromidia, Romania’s largest refinery whose capacity it increase...
MOL Romania: Flat Market No Longer Best Case But Base Scenario
Fuel demand is showing signs of a rebound after all companies in this business had been expecting the market to be flat at best at the beginning of the year after the 2% decline in 2012.
MOL Invests EUR10M In Fuel Storage Facility In Romania
Fuel distributor MOL Romania, part of Hungarian oil and gas group MOL, has completed the first stage of a EUR10 million investment in a fuel storage space in Giurgiu, southern Romania, its s...
Price Of Gasoline Up 5% And Diesel Oil Price Up 4% In 1Q
In the first quarter of the year major fuel distributors boosted pump prices, although estimates made by oil companies at the beginning of 2013 showed that consumption was expected to stay f...
CFR Calatori Sets Up New Auctions In January To Purchase Diesel Fuel
Romanian state-owned passenger railway carrier CFR Calatori will organize two new auctions in January, at the Romanian Commodities Exchange, for the purchase of diesel fuel.
OMV Petrom Invests EUR26M In New Fuel Terminal
Romanian OMV Petrom (SNP.RO), the largest oil and gas company in Southeastern Europe, opened Tuesday a fuel terminal in Isalnita, some 240 km west of Bucharest, following a EUR26 million gre...