FORT has new proposals, including capping fuel surcharges
The Federation of Romanian Transport Operators (FORT) proposes a new set of measures to balance fuel prices and support the…
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Gas prices have risen by over 70% in the last year – fuels, by 35.63%
Gas has become more expensive in the last year, as the rates were 70.10% higher in July of this year…
Gov’t announced a compensation of 50 bani per liter of fuel
Romanian Prime Minister Nicolae Ciuca announced on Thursday a compensation of 50 bani (0.5 lei) per liter of fuel, a…
OMV Petrom will start production of sustainable aviation fuel at Petrobrazi
OMV Petrom, the largest integrated energy company in Southeast Europe, will produce sustainable aviation fuel at the Petrobrazi refinery by…
Survey: Over 70% of respondents believe that the price of fuel should be capped
A survey conducted by Hotnews.ro reveals that 71% of the 4,000 respondents consider it necessary to cap the price of…
Hungary is extending its cap on fuel until October
Budapest government has extended the price cap on fuel and some staple foods in Hungary until October 1, while the…
China’s record diesel exports sends the market into turmoil
China exported a record volume of the fuel last month, after already shipping unprecedented amounts of steel and aluminum overseas.…
GE Oil & Gas will invest 100 million dollars in 3D printed fuel injectors
General Electric (GE) Oil & Gas, one of the divisions with the fastest growing in GE, will begin 3D printing…
Statoil could extract gas at half the cost
In a quest to tap huge gas reserves worth an estimated 30 billion dollars, the norwegian company launched in mid-August,…