07.12.2021

Germany’s DKV Mobility and Smart Diesel have announced completion of the deal whereby the former took over the latter, one of the largest entrepreneurial fuel businesses in Romania. more

05.03.2018

Arad-based Smart Diesel, the largest private filling station operator in Romania, posted 942 million lei (EUR202 million) revenue in 2017, 33% higher than in 2016. The profit stood at RON21.8 million, more

01.12.2016

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 regular stations more

05.12.2015

An Arad company held by several little known businessmen saw 45-fold growth in revenue from its core business, sale of diesel oil to small and medium-sized transport companies, in 2010-2014. more

09.26.2014

Romania's Agriculture ministry will continue to subsidize the rise in diesel fuel excise duties in 2015 and the measure is to be approved by government decision in the following weeks. more

09.23.2014

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 imports of more

09.16.2014

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). This is more

09.20.2013

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 increased to 5 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

12.13.2012

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

10.19.2011

The increase in diesel fuel prices comes from increased demand for this product, as Romania produces less of this fuel than it consumes, Wednesday said Mariana Gheorghe, chief executive officer of oil more

10.19.2011

The price of the oil barrel has fluctuated heavily in 2011; from a peak of $114.53 in April, it plunged to $76.39 at the beginning of October. This trend, however, did not induce any response in the more

08.03.2011

Bucharest’s public transportation corporation (RATB) is trying to secure its necessary fuel volumes for the next four years through a contract worth over EUR100 million, a company announcement more