Romgaz obtains a 325 mln. euro loan from Raiffeisen for the acquisition of Neptun Deep
Romgaz has signed a financing agreement worth 325 million euro with Raiffeisen Bank, for the partial financing of the acquisition…
Neptune Deep Project is nearing completion
Romgaz’s Board of Directors approved the conclusion of the sale-purchase contract of all shares issued by ExxonMobil Exploration and Production…
Romgaz and Nuclearelectrica could pay lower dividends to the state and shareholders
Romgaz and Nuclearelectrica could benefit from a decrease in the level of dividend distribution, from 90% to 50%, and the…
Romgaz approved the takeover of the Neptune Deep perimeter from Exxon
Romgaz’ Board of Directors has approved the 1.06 billion dollars deal to take over the Neptune Deep field from ExxonMobil.…
Oana Bucur, FPPG: Changing the Offshore Law, essential in unlocking major investments
Energy producers consider it essential to amend the offshore law that would allow the unblocking of major investments, such as…
Romania plans 710 MW in new generation capacity this year
Prime Minister Nicolae Ciucă met with representatives of Romelectro, Hidroconstruct, Hidroelectrica, CE Oltenia and CE Hunedoara to identify solutions for…
Romgaz and Nuclearelectrica will transfer only 50% of the profit to the state
Romgaz and Nuclearelectrica, vital for Romania’s electricity and natural gas supply and with massive ongoing investment projects, will be exempted…
Romgaz’s profit increases by 52% amid rising gas prices
SNGN Romgaz SA posted a preliminary net profit of 1.90 billion lei for 2021, up 52% compared to the previous…
FP: Hidroelectrica’s IPO must also take place at an international stock exchange
The listing of Hidroelectrica should also be done on an international stock exchange, in addition to the IPO on the…
Romgaz hydrocarbon production rose 11.2% last year
Last year, Romgaz recorded a hydrocarbon production of 32.53 million barrels equivalent to oil (boe), 11.2% higher than that reported…
Romelectro and Hidroconstrucția enter insolvency procedure
Both Romelectro SA and Hidroconstrucția have filed for insolvency, according to the files registered in the last months at the…
Romgaz: Neptune Deep deal needs clarifying some issues
The signing of the sale-purchase contract for ExxonMobil Exploration and Production Romania Limited shares has not yet taken place, as…
USR: The cap law is ineffective, measures that include lowering VAT, reiterated
USR reiterates the proposed set of measures to rebalance energy prices, which includes a reduction in VAT and exemption from…
CE Oltenia joins HENRO, the Electricity Producers Association
A few months after its establishment, the Electricity Producers Association – HENRO increases its membership by joining the Oltenia Energy…
Romgaz invests 5 mln. lei in external auditing services of gas resources and reserves
Romgaz has put up for auction a contract for external auditing services for natural gas resources and reserves, worth 5…
Sources: Romgaz-Exxon deal for the Neptune Deep takeover, approved “without any problems”
Although it was postponed at the first shareholders’ call, which took place yesterday, the transaction by which Romgaz takes over…
Maximescu, OMV Petrom: We could have had gas from the Black Sea, instead we freeze in the Parliament Palace
Gas production in the Black Sea should have started this winter, if the authorities had adopted the legislation in time…
Romania will increase its gas storage capacity to over 4 bln. cubic meters
Romania plans to increase gas storage capacity to more than 4 billion cubic meters, from 3 billion at present, Energy…
Romgaz will complete in the Q1 of 2022 the transaction with Exxon for taking over the Neptun Deep stake
Romgaz will sign the contract with Exxon to take over the 50% stake in Neptun Deep Black Sea gas field…
Romgaz is convening shareholders to approve the $1 bln. deal with Exxon
Romgaz convenes, on December 9 and 10, the Ordinary and Extraordinary General Meetings of Shareholders to approve the transaction regarding…
Elcen buys gas from Romgaz worth 2.1 billion lei, for next year
Romgaz has concluded with Electrocentrale Bucureşti an additional act to the contract for the sale – purchase of natural gas…
Popescu: Exxon-Romgaz agreement, an important step for energy security
The agreement between Romgaz and ExxonMobil regarding the acquisition of the American company’s participation in the Black Sea gas reserves…
Dan-Dragoș Drăgan: Romgaz and Exxon deal will be completed this year
The result of the negotiations between Romgaz and Exxon Mobil in order to take over by the largest domestic gas…