09.04.2017

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08.30.2017

Excise duties on gasoline and diesel gas will be raised by RON0.16 per liter each, in two stages, as of September 15 and October 1, Romania’s Finance Minister Ionut Misa said Wednesday, at the more

08.25.2017

Romanian Prime Minister Mihai Tudose said Friday excises on fuel will be raised this fall and the government plans to raise royalties if pump prices grow. more

08.08.2017

Transporters said Tuesday they will raise tariffs for cargo and passenger transport, will no longer fill their tanks in Romania and may resort to street protests after the government announced plans more

04.07.2017

The price increase of crude oil and oil products, after the recent chemical attack in Syria, could jeopardize Romania’s economic growth, as a fuel price hike would trigger a chain reaction in the more

02.20.2017

Competition Council started, at the beginning of February, a sectoral investigation on the Romanian fuel market, verifying the fuel price increase above the EU average. more

11.23.2016

Camelia Ene has taken over as Chief Executive Officer (CEO) of the Romanian division of Hungarian oil group Mol, replacing Kinga Daradics. more

10.27.2016

The tax-exclusive fuel prices in Romania were higher than the European average this summer. more

10.18.2016

Oscar Downstream, the largest independent fuel vendor in Romania, which has built its business on sales of diesel to major commercial customers, believes it could end the year with up to 10% growth in more

08.30.2016

MOL Romania, the local subsidiary of Hungary’s MOL group, which has pursued one of the most aggressive expansion policies on the local market, says it is not among the top three fuel retailers by more

07.05.2016

Oscar Downstream, a company selling diesel oil to commercial customers, announces new development strategy and plans to expand into fuel retail, a market of 2,000 gas stations and annual sales of more

05.22.2016

The average price per liter of gasoline in Romania was 10% lower in the first quarter of 2016 than in the same period a year ago, while diesel price per liter was nearly 17% lower. more

03.15.2016

Bulrom Gas, one of the leading actors of Romania’s liquefied petroleum gas (LPG) market, plans to open its first ten stores under the OCTANO brand this year. more

02.26.2016

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01.20.2016

Arad-based Smart Diesel, a company with 22 filling stations of its own and partnerships with 1,000 stations on nine European markets, expects its revenue to reach EUR148 million this year. In 2010, 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

12.17.2015

Romania's largest company OMV Petrom (SNP.RO) on Thursday said it invested EUR18 million in modernizing the fuel terminal in Cluj (north-western Romania), being the fifth modern fuel terminal more

12.08.2015

Oscar Downstream, the largest local independent oil company, ended the first half with 830.4 million lei (about EUR186 million) revenue, down almost 6% on the year-ago period, and expects to end the more

11.12.2015

Cigarettes, mineral water, soft drinks and sandwiches are among the best-selling non-oil products available in gas stations with hundreds of suppliers vying for contracts with the main gas station more

11.09.2015

The fuel market in Romania, a EUR10 billion business dominated by four major companies, OMV Petrom, Rompetrol, Lukoil and MOL, is seeing investments completed or in progress by new names. more

10.16.2015

Smart Diesel, a company based in Arad and held by several little known businessmen, had 9.7 million lei (EUR2.19 million) revenue in 2010. It is now headed towards RON545 million from refueling big more

08.19.2015

Romania's antitrust watchdog is monitoring the fuels distribution market to see whether oil companies lowered fuel prices to reflect the price of crude oil, which halved to around $50 a barrel in the more

08.14.2015

The major energy markets, fuel and electricity, showed signs of rebound in the first half after years of decline. Gas consumption, on the other hand, did not, given the hard times the local chemical more

08.13.2015

Neither the significant improvement of the refining margins nor the rebound in oil product demand can change the fate of Arpechim, the third largest oil refinery by capacity in Romania held by OMV more

07.03.2015

Rompetrol, the second leading player in the local oil industry, is changing the business model for its gas station network, transferring about 140 stations to dealers. more