The Lebanon-based company BB Energy, one of the largest oil traders in the world, has decided to enter Turkish fuel market and it has become the majority shareholder in the local company Citypet. Citypet is one of the youngest companies in Turkish fuel market, which was established in 2015 and started opening its petrol stations […]
Romanian oil company Rompetrol, which is now part of KMG International, has opened two new petrol stations in Romania since the beginning of the year. The company plans to open another seven petrol stations in the country by the end of 2016. So far, the company has invested over 7 million euros in its retail […]
Hungarian MOL Group announced that it has completed the takeover of Eni Hungaria, which operates 173 petrol station in Hungary, along with its wholesale fuel business in the country, excluding the wholesale lubricants business. With this acquisition, retail fuel network of MOL Group now consists of more than 2,000 petrol station in ten countries in […]