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,…
Romgaz would have to pay a profit surcharge of 906 mln. lei
Romgaz is to pay about 906 million lei on account of the solidarity tax, the amount being provided for in…
Deloitte: Romgaz – Exxon deal, the most important of 2022
Romania’s mergers and acquisitions (M&A) market reached a record in 2022 in terms of value and number of deals, according…
Romgaz allocates 3.7 mln. lei for fire prevention device installation
The National Natural Gas Company Romgaz allocates a budget of 3.7 million lei, without VAT, for installation works of fire…
Best Corporate Citizen – 2022 Energynomics Awards nominations
We are starting to present the 2022 nominations for the Energynomics Awards, with the “Best Corporate Citizen” section – a…
Minister of Energy: 2022 was the year of investments, the results will be visible in 2-3 years
The year 2022 was full of challenges, in which the Government managed the energy crisis and, at the same time,…
Dărăban: Romania has a credibility issue that it will be hard to change
Romania has a very serious problem of credibility for large investors, which it will be hard to change, due to…
Verchere: We need stability in the Offshore Law to extract gas from the Black Sea
OMV Petrom needs clarifications related to stability regarding the provisions of the Offshore Law, in order to start gas extraction…
V. Popescu: Romania will become energy independent since 2026
Romania will become independent from an energy point of view starting in 2026, said the Minister of Energy, Virgil Popescu,…
Nicușor Dan: By the end of the year we will pay 220 mln. to Termoenergetica
Bucharest City Hall would pay off its debt of 220 million lei to Termoenergetica at the end of this year,…
AFEER: Suppliers have to receive from the state the offset for capping for March, GEO 27 has not yet been opened for settelment
Most of the suppliers have collected the first months of settlement from the state and arrived with the settlement in…
SNN and Romgaz profit up, Transelectrica – in decline; roll in the management of Romgaz
The profits of SNN Nuclearelectrica and Romgaz recorded major increases in the first half of this year (H1), by 217%…
Romgaz has completed the process of acquiring Exxon’s stake in Neptun Deep
On Monday, Romgaz completed the acquisition of Exxon’s stake in the Neptun Deep project in the Black Sea, according to…
Romgaz hydrocarbon production decreased by 0.25% in H1
Romgaz recorded in the first half of this year (H1) a total production of hydrocarbons of 16.26 barrels of oil…
Romgaz trade unionists demand the dismissal of the members of the Board of Directors
The Free Trade Union of Romgaz sent a petition to the President of Romania, Klaus Iohannis, to the Prime Minister…
Jude: Romgaz’s strategic goal is to keep annual production decline below 2.5%
Romgaz has completed an important investment objective in the Snagov priority onshore project, which consists of the development of an…
Romgaz introduced new wells in production following an investment of 31 mln. lei
Romgaz launched the Coşereni drying plant into operation, with three new wells being opened for production, and by the first…
Romgaz’s profit doubles in Q1, margins remain high
In the first quarter (Q1) 2022, Romgaz Group recorded a revenue of RON 3,925.8 million, increased by 195.78%, namely RON…
3 more professionals in the management of FPPG
The Oil and Gas Employers’ Federation (FPPG), the main representative organization for the Romanian energy sector, strengthens its management team…
Chisăliță: Amromco’s entry into insolvency, a very serious signal for investors
The entry of the third largest gas producer in Romania, Amromco, into insolvency is a very serious signal, which reflects…
Transgaz, Nuclearelectrica and Romgaz will transfer only 50% of dividends, investments are prioritized
After Nuclearelectrica and Romgaz, the Government decided to exempt Transgaz from paying 90% dividends. Thus, 50% dividends will be paid…