OMV Petrom: Despite the 50% drop in profit, investments increased by 70% in H1
OMV Petrom increased its investment budget by 70% in the first half of this year (H1), despite the decrease in…
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Neptun Deep
Alfred Stern: Neptun Deep will make a significant contribution to Europe’s security of supply
OMV CEO Alfred Stern says the Austrian group will continue to buy natural gas from Russia but at the same…
Laurian Lungu: The economic impact of Neptun Deep is of around 42 bln. euro
The economic impact of Neptun Deep for Romania is around 42.4 billion euro, of which 22 billion euro could be…
Romgaz will have its own rating, necessary for a new bond issue of 1 bln. Euro to finance Neptun Deep
Romgaz will have its own rating, necessary to launch a new bond issue of around 1 billion euro on the…
Neptun Deep: Romania to become a gas supplier for the entire region
Romania will become a gas supplier for the entire region after the development of the Neptun Deep project, and the…
Greenpeace considers Neptun Deep a new threat to the Black Sea and coastline
Life in the Black Sea is in danger, and the decision to invest in Neptun Deep is a catastrophic one…
It’s official: OMV Petrom and Romgaz announce the investment decision for Neptun Deep, shares rising
OMV Petrom and Romgaz have approved the development plan for the Domino and Pelican Sud commercial natural gas fields in…
OMV Petrom and Romgaz will invest 4 billion dollars in the Neptune Deep project in the Black Sea
OMV Petrom along with its partner Romgaz, has made the Final Investment Decision for the development of the Neptune Deep…
OMV Petrom and Romgaz are anticipated to provide ACROPO with the Neptune Deep development documentation in July or August
Offshore gas resources in the Black Sea are very promising, and the Competent Authority for the Regulation of Offshore Petroleum…
FEL Romania – analysis of the effects of the war on the energy sector
Future Energy Leaders Romania (FEL Romania) launches the analysis entitled “The effects of the war in Ukraine on the energy…
Romgaz shareholders approve the increase of the BCR credit line to 630 mln. lei
Romgaz (SNG) shareholders approved on Thursday the increase of the ceiling of the credit facility concluded with BCR, by 210…
FPPG advocates the strategic role of the oil and gas industry in Romania
Total tax contributions paid by the oil and gas sector to the consolidated state budget amounted to 29.8 billion lei…
Popescu: Romgaz will issue bonds to finance Neptun Deep in the first half of 2024
Romgaz (SNG) intends to issue bonds, in the first half of 2024, to finance the Neptun Deep gas extraction project…
OMV Petrom, Romgaz and Transgaz sign the Black Sea gas transport contract
OMV Petrom, Romgaz and Transgaz signed the contract for the transportation of natural gas from the Black Sea into the…
PwC: The local M&A market grew to 5.4 bln. euro in 2022, thanks to Neptun Deep
The mergers and acquisitions market in Romania, transactions signed and concluded, reached 5.4 billion euros last year, surpassing the pre-pandemic…
Verchere: OMV Petrom is set to invest 11 bln. euro over the next decade, and about 35% will go towards low and zero carbon investments
OMV Petrom is set to invest 11 billion euro over the next decade, and about 35% will go towards low…
Răzvan Popescu: Romgaz could issue bonds or take loans to finance Neptun Deep
Romgaz could issue bonds or take loans to finance Neptun Deep, Răzvan Popescu, CEO, Romgaz, said at a conference. He…
The solidarity tax will affect over 40 Romanian companies, but cost will be supported by consumers
The solidarity tax will affect over 40 large Romanian companies, including many energy companies such as Electrica Furnizare, Transelectrica, Tinmar,…
OMV Petrom will invest 600 mln. lei in Neptun Deep this year, total investments up 70%, to 6 bln. lei
OMV Petrom will increase the level of investments in the next period to 6-7 billion lei anually. Thus, this year…
Romgaz has not concluded any contract to lease Neptun Deep capacity
Romgaz (SNG) or its affiliate Romgaz Black Sea Limited do not have any concluded or ongoing contracts aimed at the…
Răzvan Popescu, Romgaz: I don’t see a long-term problem with the financing of Neptun Deep
Romgaz will need a financing mix for the Neptun Deep project, which must be very carefully done, and it will…
EY: Romanian M&A market grew 26% in 2022
The Romanian mergers and acquisitions (M&A) market recorded 258 transactions during 2022, with a total estimated value of US$ 6.6bn,…
Chisăliță: Overtaxation should be used for investments, for the benefit of taxpayers, and not go into an account from which the money disappears
The overtaxation of oil companies should generate benefits for society in the future, for Romanian consumers and taxpayers and not…