Tag: fuel network

NIS expands its fuel network – Bosnia and Herzegovina, 30 May 2020

According to the application filed to the Competition Council of BiH, fuel retailer G-Petrol, a subsidiary of Serbian oil company NIS, is planning to lease another four petrol stations in Herzegovina. G-Petrol intends to lease to stations in Capljina municipality, one in Grude municipality and on Full article available for subscribers of Energy NEWS service […]

KMGI extends its fuel network in the region – Romania, 22 May 2020

KMG International Group, which owns Romanian largest oil refiner Rompetrol Rafinare, continued in the first four months of the year to expand its retail operations in the Black Sea region. The group has opened 12 new petrol stations in Romania, Bulgaria, and Georgia, and plans to complete 19 new Full article available for subscribers of […]

Petrol recorded lower revenues, higher profit in Q1 2020 – Slovenia, 22 May 2020

Slovenian energy group Petrol recorded a drop in sales revenues by 15 % year-on-year to 916 million euros in the first quarter, due to lower prices and a drop in the sale of petroleum products. However, net profit of the group increased by 20 % to 21.8 million euros. Earnings before interest, tax Full article […]