05.30.2013

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 second more

04.02.2013

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 flat at more

01.28.2013

Romanian state-owned passenger railway carrier CFR Calatori will organize a new auction on January 31, at the Romanian Commodities Exchange, to purchase 20,000 tons of Euro 5 diesel fuel for 78.4 more

01.16.2013

The Romanian Government approved in Wednesday session to allot an emergency aid from the state reserve consisting of 60 tons of diesel fuel to the population in the eastern counties of Botosani, Neamt more

01.04.2013

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. more

12.13.2012

Romania will increase excise duties on diesel fuels to EUR391 per ton from EUR374/ton on January 1, 2013. more

11.28.2012

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 greenfield more

11.27.2012

The Romanian Government will take 2,000 tons of diesel fuel form the state reserve to supply state-owned passenger railway carrier CFR Calatori during the winter, while the Transport Ministry more

11.21.2012

Romanian fuel distributor Rompetrol Downstream, the retail unit of the Rompetrol group, on Wednesday said it renewed the range of premium products by launching the EfixS gas and diesel oil range as of more

09.06.2012

The volume of imports of gasoline and diesel doubled between 2007 and 2011, with Romania ending up paying EUR1.2 billion last year for fuel made abroad, almost three times as much as in 2007. more

09.04.2012

One liter of diesel oil in Romania was more expensive at the end of last month than in Luxembourg, despite the fact that a Luxembourger makes almost EUR2,300 per month, while an average Romanian earns more

07.31.2012

Romania's largest oil company OMV Petrom (SNP.RO) on Tuesday raised pump prices for gasoline and diesel oil by 0.09 lei (EUR0.0197) per liter, the third increase in July. more

07.09.2012

Romania's largest oil company OMV Petrom (SNP.RO) on Monday increased pump prices for gasoline and diesel oil by RON0.08 (EUR0.0176) per liter, after five consecutive price cuts. more

06.06.2012

No local oil company has announced plans to cut pump prices, despite the drop of the Brent oil barrel below $100 in the past week, to the January 2011 level, and despite the 24% decline recorded since more

05.03.2012

Romania's largest oil company OMV Petrom (SNP.RO) on Thursday increased pump prices for gasoline and diesel oil by RON0.06 (EUR0.0135) per liter. more

04.26.2012

Romania's gas company OMV Petrom (SNP.RO) on Tuesday will change the names of its gasoline and diesel oil, the company said in a press release Thursday. more

02.23.2012

One liter of diesel oil costs 6 lei (almost EUR1.4) at Petrom’s filling stations as of Thursday, a record high level, after the company raised the price by RON0.09 per liter. The gasoline liter is more

01.13.2012

Since the beginning of the year, namely in less than two weeks, gasoline and diesel fuel prices have grown by 3%, with the latest increase operated by OMV Petrom (SNP.RO), the largest company in the more

01.11.2012

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 type of more

01.10.2012

Oil company MOL Romania on Tuesday said it will challenge in court the 80.27 million lei (EUR18.5 million) fine received from the Competition Council within a fuel market probe involving several oil more

01.10.2012

Petrom group on Tuesday said it will challenge in court the fine received from Romanian competition authorities following a fuel market probe, saying the measure is unjustified. more

01.10.2012

Shares in Romania’s largest two oil companies OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO) have been suspended from trading on the Bucharest stock exchange pending the results of an inquiry more

01.05.2012

The Romanian Competition Council will present next week the results of its fuel market investigation, recommending fines that are below the 10% of turnover ceiling, the authority’s president Bogdan more

12.21.2011

The Romanian Competition Council's report on the fuel market investigation recommends differentiated fines between companies, the body's president, Bogdan Chiritoiu, said Wednesday. more

11.17.2011

The European Commission supports the conclusions reached by Romanian competition authorities in the fuel market investigation started in 2005, and it recommends the sanctioning of companies involved. more