Fuel
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Lukoil sales decline stops in April
Lukoil Romania, one of the biggest distributors of fuel on the domestic market, with turnover revolving around 1.5 billion euros, says April was the first respite for the sales of petroleum...
Rompetrol: Fuel sales are up 1%
Romanian petroleum market, amounting to around 5 million tonnes per year, posted a merely 1.05% rise last year against 2007, a much lower rate than the over 8% players in the sector had orig...
Lukoil: Fuel consumption could go down 10-20% in spring
Lukoil Romania, the local branch of the Russian petroleum group Lukoil has issued one of the most pessimistic forecasts regarding fuel consumption in early 2009: a 10-20% decline in spring
Rompetrol: Fuel consumption and prices could drop, but funding will be stricter
Rompetrol group officials believe that the decline in the value of oil prices on international markets, due to the current financial crisis, is a trend that could continue over a longer peri...
Ion Nestor: Business has fuel to run on until the yearend
Ion Nestor, the managing partner of the biggest law firm domestically, Nestor Nestor Diculescu Kingston Petersen (NNDKP), says Romania could be a small oasis of peace for investors amid the...
Autogas, the cheapest fuel with the biggest price increase
Liquefied petroleum gas (LPG), an alternative many Romanian car owners have resorted to in the face of rising petrol and diesel oil prices, has registered the steepest price increase among a...
MOL: Fuel sales up 10%, despite higher pump prices
Volumes of petrol and diesel oil sold are up 10% since the beginning of the year against last year, despite the unprecedented rise in pump prices, after oil prices repeatedly hit record high...
High fuel prices cause certain distributors' to change strategies
Possible acquisitions of electrical machinery, cutbacks in transport and the optimisation of shipping routes have become key in the strategy adopted by distributors of drugs, construction ma...
Romanian Post Office exceeds fuel budget
The Romanian Post Office, the largest player on the postal and courier services market, spent around 5.4 million RON (1.5 million euros) on fuel in the first 5 months of the year, 4% more th...