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OIL COMPANIES

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Government Approves Biofuel Incentives For Oil Companies – Sources
Energy

Government Approves Biofuel Incentives For Oil Companies – Sources

The Romanian Government Wednesday approved the decision granting biofuel incentives to companies in the oil sector, people close to the matter told MEDIAFAX.

Ecaterina Craciun · 18.12.2013 · 19:55 · 1 min
Map of Romania’s Largest Gas Station Owners
Companies

Map of Romania’s Largest Gas Station Owners

The largest oil companies in Romania, Petrom, Rompetrol, Lukoil and MOL Romania, together control around 1,400 gas stations, according to data provided by the companies.

Ecaterina Craciun · 21.08.2013 · 07:48 · 2 min
Oil Companies’ Revenue Rose In 2011 Due To 25% Higher Prices On A Nearly Frozen Market
Energy

Oil Companies’ Revenue Rose In 2011 Due To 25% Higher Prices On A Nearly Frozen Market

Oil companies saw a new year of growth in 2011, mainly due to significant price hikes despite the fact that the Romanian market continued to be affected by low purchasing power.

Ecaterina Craciun · 02.07.2012 · 00:00 · 3 min
Oil Companies To Pay Additional Taxes As Of 2013, Romanian Economy Minister Says
Energy

Oil Companies To Pay Additional Taxes As Of 2013, Romanian Economy Minister Says

Romanian Economy Minister Daniel Chitoiu on Wednesday said the government is drafting up a bill introducing additional taxes on one-time revenue gains of oil companies to be enforced startin...

Florentina Dragu · 16.05.2012 · 13:29 · 1 min
Oil Companies To Challenge Fuel Probe Results, Competition Council Says Had Direct Evidence For It
Energy

Oil Companies To Challenge Fuel Probe Results, Competition Council Says Had Direct Evidence For It

The Competition Council on Tuesday delivered the most eagerly awaited verdict of a probe, saying that the major oil companies were guilty of having reached an understanding to withdraw a typ...

Dana Ciriperu · 11.01.2012 · 00:14 · 5 min
Petrom, Others Slapped With EUR205M Fine In Fuel Probe
Energy

Petrom, Others Slapped With EUR205M Fine In Fuel Probe

Romanian antitrust regulator Tuesday fined six top players in the oil industry, including OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO), with a total amount of around 880 million lei (...

Florentina Dragu · 10.01.2012 · 13:45 · 1 min
Romanian Top Oil Players Slapped With Hefty Fines In Fuel Probe - Sources
Energy

Romanian Top Oil Players Slapped With Hefty Fines In Fuel Probe - Sources

Romania’s top oil companies were fined with amounts of up to 3% of their sales reported for 2010 following a probe into the local fuel market, people familiar with the situation told MEDIAFA...

Florentina Dragu · 10.01.2012 · 11:58 · 1 min