In 2007 Brod Oil Refinery was bought by Zarubezhneft, Modrica Motor Oil Plant and sales company Petrol. The task for Zarubezhneft was to reconstruct and modify abovementioned plants.

Brod Oil Refinery is the only one oil refinery in Bosnia and Herzegovina. After the big amount of works done by Zarubezhneft the first line of the Brod Refinery with a capacity of 1.2 million tons of oil per year was renovated and put into operation in 2008. Since 2009 the refinery produces diesel fuel to Euro 4 and Euro 5 Standarts, but also produces unleaded gasoline A-95 and A-98. In 2011 the plant started the second line, thanks to it the processing capacity of the plant has increased from 1.2 million tons to 3.0 million tons per year.