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…
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International oil prices make gasoline more expensive also in Romania
In recent weeks, developments in the international prices of the two categories of products made in diesel cheaper and gasoline…
KMG Memorandum ready in July, payments in 6-7 months
###author### The investments planned for the special fund created by KMG International with the Romanian state will be made next…
Rompetrol Rafinare increases its revenues and reduces losses
Rompetrol Rafinare increases its revenues and reduces losses Rompetrol Rafinare, a member company of KMG International, recorded a USD 4.33…
UNTRR: Fuel consumption in Romania will continue to drop
###author### Fuel consumption will continue to decline in Romania, and Romanian hauliers will increasingly buy cheaper fuel from neighboring countries,…
Petrotel Lukoil – Distraint lifted, refinery resumes activity
UPDATE Director General of SC Petrotel- Lukoil SA Ploiesti, Andrey Bogdanov, was placed under judicial control, being prosecuted for tax…
Petrom: fuel demand will increase
Romania will have an economic growth of 2% – 3% this year, which will lead to an increase in demand…
In Romania 66 new fuel stations were opened in 2014
Fuel distribution market is becoming increasingly competitive, in the first six months of the year 66 new fuel stations appeared,…
Rompetrol Rafinare, record output at Petromidia
Petromidia refinery, part of Rompetrol Rafinare, processed a record quantity of more than 465,000 tons of raw materials in May,…
MOL Romania, close to a turnover of 1 bln. euros and increasing profit
MOL Romania, a member company of MOL Group, recorded in 2013 a turnover of approximately 979 million euros, up 5.1%…
Railway operators, discriminated by the fuel excise reimbursement only to road transport
Rail carriers say that a partial refund of excise duty on fuel that road carriers with machines heavier than 7,5…
FMI: The partial reimbursement of extra fuel duty needs to be follow by other measures
Any exemption granted to not pay in full the additional excise on fuel introduced from 1 April will have to…
The extra duty on fuel makes some types of gasoline to cost over 6.8 RON/liter
The introduction on April 1 of an additional fuel excise of 7 eurcents on every liter of fuel purchased, which…
Liberal senator: Additional fuel excise returns the farmers’ subsidy at the 2010 level
Starting April 1, the cost of farming is likely to bankrupt many farmers, after the additional 7 eurocents excise per…
PDL lay down in Parliament a simple motion on energy
Chamber of Deputies debate s Monday at 16:00 the simple motion on energy initiated by PDL (Liberal-Democratic Party), which will…
Nicolescu, the Department of Energy: Romania has the capacity to deal with russian gas disruptions
Delegate Minister for Energy, Răzvan Nicolescu, said that Prime Minister Victor Ponta contact him to receive assurances that Romania will…
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