“El Krizis” the tornado-like energy crisis of last year; the history of a 100,000% price increase
The energy crisis of 2021-2022 was like a tropical tornado: unexpectedly hit, then went without advance warning, and done much…
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PSD proposes capping fuel prices at 7 lei per liter
The capping of fuel prices requested by PSD at the level of 7 lei per liter, according to some sources,…
Electricity and fuel prices have risen in January
The year 2022 brings to the Romanians an increase of the minimum wage, of the pension point and of the…
Poland will cut VAT on fuels to 8% to mitigate the impact of rising inflation
Poland wants the European Union to allow it to reduce VAT on fuels to mitigate the impact of rising prices,…
One third of Romanian drivers use only premium fuels (MOL survey)
Over 50% of Romanian drivers refuel with premium fuel at least occasionally, and one in three use exclusively this type…
Fuel excises to grow in two legs, on Sep 15th and Oct 1st
Finance Minister Ionuţ Mişa announced on Wednesday, at the beginning of the Government meeting, that excise taxes on fuel will…
Fuel import grew 70% during the first quarter
Fuel import increased by 70% in the first quarter of the year, amid the unfavorable weather conditions in the winter…
CGT union strike tests the resistance of French energy system
Proposals to amend the Labour Code in France were faced by employees in strategic sectors with protests held over several…
8 actions to stimulate competition in the fuel market (Competition Council)
“Fuel market is highly concentrated in Romania”, says the Competition Council and proposes eight measures and actions to boost competition…
Excises level and currency devaluation pull up fuel price
The government has practically doubled in the last seven years the level of fees, and the RON depreciated in nominal…
Daradics, MOL: It is difficult to estimate Grexit effects
The increase in sales volumes in the first quarter seems to indicate a recovery of the economy, but it is…
KMG invests another 18 million dollars into Rompetrol chain
KMG International will invest through Rompetrol Downstream about 18 million dollars by the end of 2015 into expanding its retail…
SOCAR will raise investments in Romania to 100 million euros
State Oil Company of Azerbaijan, SOCAR, has so far invested 50 million euros in Romania and will allocate a similar…
Shedding off the special tax and the extra-excise would create a 710 million euro deficit
The reason behind European Commission (EC) and International Monetary Fund (IMF) opposition to the new changes in the Fiscal Code…