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

05.13.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) reports a net profit of RON980 million for the first quarter of 2022, up 111% from the year-earlier period, and a turnover of almost RON4 more

05.03.2022

Prime Minister Nicolae-Ionel Ciuca, Energy Minister Virgil Popescu and David Muniz, Chargé d’Affaires ad-interim of the US Embassy to Romania, on Tuesday attended the signing of the contract for more

04.28.2022

Romania’s Energy Ministry, the majority owner of natural gas producer and supplier Romgaz (SNG.RO), approved the acquisition of US’ ExxonMobil’s stake in the Neptun Deep block in the Black Sea 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

02.25.2022

Romgaz (SNG.RO), Romania’s natural gas producer and supplier and the largest state-run company listed on the Bucharest Stock Exchange, saw its revenue increase by 44% and net profit by 52% in 2021 more

02.09.2022

Romania’s State, on behalf of the energy ministry, has requested that seven new interim members of the Board of Directors should be elected at natural gas producer and supplier Romgaz (SNG.RO), in more

02.08.2022

Natural gas producer and supplier Romgaz (SNG.RO) on Tuesday said its hydrocarbon production grew by 11% and its electricity production declined by 31.7% year-over-year in 2021, in line with the more

01.26.2022

Natural gas producer and supplier Romgaz (SNG.RO) targets operating revenue of RON12.3 billion and net profit of RON1.73 billion in 2022, in line with the company’s draft budget of revenue and 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

11.30.2021

Natural gas producer and supplier Romgaz (SNG.RO), the most valuable state-run company listed on the Bucharest Stock Exchange, had about RON3.4 billion in cash, cash equivalents and other financial more

11.12.2021

Natural gas producer and supplier Romgaz (SNG.RO), the Romanian state’s most valuable listed company, ended the first nine months of 2021 with net profit worth RON1.16 billion, up 23% from the more

11.03.2021

The Executive Board of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) decided in its meeting of November 2 to appoint Aristotel Marius Jude to the position of Chief Executive Officer more

11.02.2021

Natural gas producer and supplier Romgaz (SGN.RO) on Tuesday evening notified the Bucharest Stock Exchange that its board of directors had endorsed the acquisition of 50% in Neptun Deep block from 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

10.05.2021

Romanian state-owned natural gas producer Romgaz (SNG.RO) announced Tuesday that it agreed with US giant ExxonMobil to extend the exclusivity period, from October 15, 2021, to November 15, 2021, in 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

09.15.2021

Shareholders of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) re-elected Dan Dragos Dragan as Chairman of the company’s Executive Board, within their general meeting of September more

07.29.2021

Romania’s largest natural gas producer Romgaz Medias (SNG.RO) convenes the Ordinary General Meeting of Shareholders (OGMS) on September 9, 2021 in order to elect seven interim Board members and set more

07.02.2021

The Executive Board of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) decided in its meeting of June 30, 2021 to appoint Aristotel Marius Jude to the position of Chief Executive 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

05.21.2021

Romania's state-owned natural gas producer Romgaz Medias (SNG.RO) said Friday it has come to an agreement with the contractor building the Iernut power plant to finalize the project. more