Tag: fuel network

Competition Council to investigate SOCAR’s lease of Aral petrol stations – Romania, 18 March 2020

Romanian Competition Council said that it will launch an investigation into the agreed lease of six petrol stations owned by Romanian company Aral by the State Oil Company of Azerbaijan (SOCAR). The statement from the competition regulator said that in order to determine whether the concentration Full article available for subscribers of Energy NEWS service […]

Competition authority fined four companies in fuel distribution sector – Turkey, 13 March 2020

Turkey’s competition authority decided to impose an administrative fine on four fuel distribution companies for violating the competition law. The companies include Shell & Turcas Petrol, BP, Petrol Ofisi and OPET, which supply fuel and gasoline to many petrol stations all over Turkey. The fi Full article available for subscribers of Energy NEWS service (PDF […]

Petrol’s net profit rose by 15 % in 2019 – Slovenia, 13 March 2020

Slovenian energy group Petrol generated sales revenues in the amount of 4.4 billion euros in 2019, which is 1 % more than in 2018, while net profit was up by 15 % to105.2 million euros. The group recorded 472.9 million euros in adjusted gross profit in 2019, up 7 % year-on-year, while earnings be Full […]