Record fine for Romanian oil companies

Tuesday, 10 January 2012

Romania issues highest ever fines
Romania’s Competition Council has fined four oil companies a record 880 million lei (€257 million) for an illegal agreement with four other companies.

FAS launches third oil price fixing investigation

Premium Article - Thursday, 10 February 2011

Oil Barrels
Russia’s Federal Antimonopoly Service (FAS) announced yesterday it is investigating three of the country’s five largest oil companies over alleged price fixing on domestic diesel and aviation fuel.

FAS prevails in two cases against Lukoil

Premium Article - Monday, 08 November 2010

Russia’s Supreme Commercial Court has overturned a lower court decision, reinstating a Federal Antimonopoly Service fine against oil company Lukoil. It also extended the time available to the FAS to bring proceedings against the company.

Russia dismisses Lukoil appeal

Premium Article - Monday, 16 August 2010

The Regional Arbitration Court in the Russian city of Vladimir has upheld a decision by the country's Federal Antimonopoly Service which found that oil company Lukoil abused its dominance.

Russia pursues oil companies

Premium Article - Friday, 06 November 2009

Russia’s Federal Antimonopoly Service has fined Lukoil for abuse of dominance as part of a continued battle with the country’s oil producers.

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