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Europe

Lithuania Prime Minister Agrees Sale to PKN Orlen

Friday, 18 July 2008
Lithuania can sell the remaining 10 percent stake it holds in refiner Mazeikiu Nafta to Poland's PKN Orlen if the government can keep a golden share and a seat on the board, the prime minister said this week.
Full Story...
 

Hungary: MOL Two Prong Offensive Against OMV

Thursday, 17 July 2008
MOL has announced  that it has filed a lawsuit against OMV at the Commercial Court of Vienna while at the same time prepares bid for INA of Croatia.
Full Story...
 

Russian Partners of TNK-BP Want to Buy Out BP

Wednesday, 16 July 2008
The Russian billionaires who co-own Moscow-based oil company TNK-BP with oil major BP have expressed interest in buying out BP.
Full Story...
 

Spain: Bigger Profit on Diesel for Petrol Retailers

Tuesday, 15 July 2008
Spanish service stations make more profit on diesel according to National Energy Commission.
Full Story...
 

Logica Wins Several Outsourcing Contracts

Monday, 14 July 2008
Outsourcing

Logica, a leading IT and business services company, has signed five important outsourcing contracts in Sweden in recent  months.  

Full Story...
 

Poland: Busy Days at PKN Orlen Downstream & Convenience Retail

Friday, 11 July 2008
Completion of Mazeiku Nafta stock acquisition, serious health & safety incident at Plock facility, New Bioethanol suppliers  and the recent rebranding and redesign of its convenience & food service on the service station.
Full Story...
 

FuelQuest Urges Petrol Retailers To Optimise Fuel Supply Chain

Thursday, 10 July 2008
FuelQuest  highlights the importance of optimising the petroleum supply chain.
Full Story...
 

European Union to Publish Weekly Fuel Stocks

Wednesday, 09 July 2008

In Brussels, EU finance ministers agreed to publish weekly figures on fuel inventories, something long resisted by governments of the member states. Other items on the agenda included Green Transportation, Aviation Emmissions, Toll Structures and the issue of  Credit Rate Agency Registration.

Full Story...
 

Petrom Assets Value Double in Value

Tuesday, 08 July 2008
Petrom's main assets of  crude oil reserves and the Petrobrazi and Arpechim refineries along with its  petrol station network are currently worth over €21.8 billion.
Full Story...
 

UK: National Oil Check Day - Don't be a Dipstick

Monday, 07 July 2008
A national car care company is launching National Oil Check Day on Friday 25 July, urging all motorists ‘Don’t be a Dipstick’: check your oil to avoid breakdowns, costly repairs and huge inconvenience.
Full Story...
 
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