05.13.2022

Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon Mobile Exploration and Production Romania Limited more

04.15.2022

Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank. more

03.30.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) said on Wednesday that it signed a bank loan agreement with Raiffeisen Bank in the amount of EUR325 million which covers a part of the price more

03.23.2022

Romgaz announced on the Bucharest Stock Exchange on Tuesday evening that it was moving towards the completion of the transaction with the US’ Exxon on the acquisition of the latter’s stake in the more

12.14.2021

Lender Raiffeisen Bank has won a tender organized by natural gas producer and supplier Romgaz (SNG.RO) to obtain a part of the funded needed for the acquisition of US giant ExxonMobil's stake in the more

10.26.2021

Natural gas producer and supplier Romgaz (SNG.RO), the most valuable state-run company listed on the Bucharest Stock Exchange, on Tuesday evening announced after the end of the trading session the more

09.30.2021

Romanian state-owned natural gas producer Romgaz (SNG.RO) said in a stock market report Thursday that it initiated a non-binding process in order to obtain offers for financing in the amount of RON1.6 more

09.27.2021

Romanian state-owned natural gas producer Romgaz plans to borrow EUR350 million, through a syndicated loan, in order to acquire US giant ExxonMobil's 50% stake in the Neptun Deep gas exploration and more

06.18.2021

Romanian gas producer Romgaz announced Friday it has secured a four-month exclusivity agreement with US ExxonMobil for negotiations over the acquisition of Exxon's stake in Neptun Deep offshore block more

04.13.2021

In order to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, Romanian state-owned natural gas producer Romgaz is considering a funding mix, such as a more

03.31.2021

Romanian state-owned natural gas producer Romgaz has submitted a binding bid to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, the company said in more

02.23.2021

Romanian state-owned natural gas producer Romgaz is currently in talks to acquire Exxon's 50% stake in the Neptun Deep gas exploration and drilling project in the Black Sea, Romania's economy minister more

01.08.2020

The topic of the beginning of the year on the energy market is the intention of US-held Exxon to sell its 50% stake in the Black Sea gas project, where it has invested $1.5 billion together with OMV more

09.02.2015

U.S. oil and gas company ExxonMobil reiterated Wednesday, during talks with Romanian Prime Minister Victor Ponta, its intention to continue investments in exploring for natural gas in the Black Sea. more

07.21.2014

ExxonMobil Exploration and Production Romania, part of U.S. oil group ExxonMobil, and OMV Petrom, part of Austria's OMV, start deep-water drilling at the Domino-2 well in the Neptun Black Sea block, more

05.30.2014

Romanian dominant oil company OMV Petrom (SNP.RO), US-based oil giant ExxonMobil and state-run natural gas pipeline operator Transgaz Medias (TGN.RO) signed last week an agreement according to which more

01.06.2014

The Romanian state and oil and gas producer OMV Petrom (SNP.RO) are bracing for tough negotiations in 2014 over the royalties charged for Petrom’s oil and gas, Petrom and Exxon will drill their more

11.25.2013

OMV Petrom (SNP.RO), the largest company in Romania, will drill a second deep-water exploration well in the Romanian section of the Black Sea towards the end of the second quarter of next year. While more

08.07.2013

A new addendum with classified content has been added to the concession agreement for oil exploration, development and exploitation in the Neptun block of the Black Sea, with the main explanation more

08.05.2013

ExxonMobil and Romania’s largest company Petrom, have awarded contracts of almost $850 million since the start of deep-sea works in the Romanian section of the Black Sea, according to data more

06.25.2013

ExxonMobil has awarded Texas-based Diamond Offshore Drilling a $532 million contract for drilling services in the Neptun block in the Black Sea, which it operates in partnership with OMV Petrom more

10.20.2011

Romanian dominant oil company OMV Petrom (SNP.RO) and US giant Exxon Mobil are scheduled to start drilling in the Black Sea this winter, while the first data on possible oil and gas discoveries will more

08.25.2011

The costs of development and production on the Neptun oil block in the Black Sea will range between $3 and $10 billion, if exploration is concluded successfully, Thursday said Ian Fischer, head of the more

06.09.2011

Romanian President Traian Basescu met Thursday with a delegation from US Exxon Mobil and Romanian OMV Petrom (SNP.RO), to discuss the two oil companies’ investment plans for the blocks leased in the more