OMV Petrom and Romgaz say that the obligation to trade gas on the stock exchange contradicts the idea of a free market
The obligation of gas producers, imposed by law, to sell on the stock exchange certain quantities, at certain prices, through…
Robert Chircă: Romgaz’s strategy aims at diversification, investments of 15.7 bln. lei, in the next 7 years
Romgaz’s strategy aims at diversification, involving investments of 15.7 billion lei, in the next 7 years, said Robert Chircă, Deputy…
Hunedoara Energy Complex’ insolvency complicates a major investment of Romgaz
The insolvency of the coal-fired energy producer Hunedoara Energy Complex (CEH), wholly owned by the Romanian state through the Ministry…
Romgaz: MoU for the development of “greenfield” investment projects in Romania
Romgaz Mediaș and Liberty Galati agreed to conclude a Memorandum of Understanding which envisages the establishment of a joint venture…
Depogaz and Depomureş attracted European funds worth almost 200 mln. euro
The Minister of Economy, Virgil Popescu, announced on Friday, in Târgu Mureş, that the two large natural gas deposits in…
Romgaz: Discussions regarding the acquisition of a share in the Neptun Deep perimeter, blocked until next year
Discussions regarding the acquisition by Romgaz (SNG) of a stake in ExxonMobil in the offshore perimeter Neptun Deep were put…
Volintiru: At the end of December, the Iernut plant must be operational
The Iernut gas plant is expected to be operational by the end of December, and 90-92% of the work is…
Romgaz will invest 16.7 billion lei over the next five years
Romgaz shares are on an upward trend, after the company published the Development and Investment Strategy for the period 2020-2025,…
Romgaz’s turnover decreased by 16.5% in Q1, profit increased
The Romgaz Group registered in the first quarter of 2020 (Q1) a turnover of 1,430.3 million lei, decreasing by 16.51%,…
OMV Petrom and Romgaz, forced to sell 30% of the domestic production in the centralized markets
OMV Petrom and Romgaz will be obliged to auction for 3 years about 30% of the production in the centralized…
Romgaz shows zero tolerance for any act of corruption
Bogdan Tudorache Romgaz’s executive management states that it “shows zero tolerance for any act of corruption and will support the…
Virgil Popescu promises that Romania will not return to the old pre-crisis economy
Romania is preparing to get out of quarantine but officials say the economy will not be the same, their intention…
Romgaz: 1.5 mln. lei support for Alba County Emergency Hospital
Romgaz announced that it is directing the money allocated to sponsorships for the medical sector to hospitals in the country…
Romgaz shareholders approved the distribution of dividends worth 620 mln. lei
The shareholders of Romgaz (SNG) approved, today, the distribution of dividends of 535.7 million lei, respectively a gross dividend of…
Romgaz Vs. SIF Moldova: Dividends were affected by the Coronavirus crisis
SIF Moldova (SIF2), a shareholder with investments of 267 million lei in Romgaz, considers that the dividend of 1.61 lei…
Romgaz: Prices on the gas market will decline, we prepare for investments
“It is clear that prices on the gas market will continue to decline – we have had a warm winter,…
Romgaz donates 800,000 euros to equip the ATI sections of the emergency hospital in Sibiu
Romgaz announced today in an online press conference that it offered 3.98 million lei in financial support to the Sibiu…
Romgaz gives up the purchase of 20% of Gastrade
Bogdan Tudorache Romgaz gave up the acquisition of 20% of Gastrade, according to a report presented to the Stock Exchange.…
Romgaz proposes a gross dividend per share of RON 1.61
Bogdan Tudorache Romgaz shareholders will vote in the extraordinary general meeting planned for April 22 a gross dividend per share…
Romgaz operates under normal conditions, but investments may be delayed
Currently, Romgaz is operating under normal conditions, without being affected by the evolution of the pandemic. The company focuses on…
Romgaz helps the Romanian Red Cross with 1.25 mln. lei in its fight against the coronavirus
Thanks to the help of Romgaz, the Romanian Red Cross acquires and distributes 1 million medical masks for protection against…
ANRE draft Order: New obligations for gas supply on centralized markets
ANRE has launched in public debate a draft Order [HERE in Romanian] on the obligation to supply natural gas on…
Norway’s sovereign fund sells holdings of Nuclearelectrica and Romgaz
Norway’s Sovereign Investment Fund, the largest in the world, with assets under management of about 1.1 trillion USD, liquidated in…