Tag: fuel

Amendments to Fuel Law to come into force on 1 July – Bulgaria, 10 January 2019

The Bulgarian Government has approved a draft Law on amending the Law on the Administrative Regulation of Economic Activities Related to Oil and Petroleum Products and is expected to take effect from 1 July 2019. However, Bulgaria’s Ombudsperson Maya Manolova filed a complaint with the Constituti Full article available for subscribers of Energy NEWS service […]

Greek fuel demand dropped by further 5 % in 2018 – Greece, 08 January 2019

According to data released by SEEPE, the Hellenic Petroleum Marketing Companies Association, fuel sales in Greece fell by 5 % in 2018, driven primarily by weaker petrol and heating fuel demand, which dropped by 5 and 17 %, respectively, The drop in diesel demand was milder, at 1.5 %. The figures Full article available for […]

Lukoil Serbia to double its capital – Serbia, 18 December 2018

Lukoil Serbia, local subsidiary of Russian oil company, said that it plans to increase its capital by some 67.5 million euros through the issue of 8 million new shares, which will be subscribed by existing shareholders. The new shares will have a nominal value of 8.45 euros each and will be liste Full article available […]