01.18.2023

Romgaz (SNG.RO), a natural gas producer and supplier controlled by Romania’s Energy Ministry, estimates that it will pay RON906 million as a so-called solidarity tax that the Ciuca Government more

12.09.2022

Romgaz during the general meeting of Thursday approved an increase in the credit facility limit by RON70 million, namely from RON350 million to RON420 million, and the one-year extension of the more

11.23.2022

The Board of Directors of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) decided in its meeting of Nov 23, 2022 to extend the mandate of Razvan Popescu as Chief Executive Officer more

11.15.2022

Romgaz, a natural gas producer and supplier controlled by the Romanian state via the energy ministry, for the first nine months of 2022 reported RON2.2 billion net profit, up 93% from the same period more

11.01.2022

Romgaz (SNG.RO), a state-run natural gas producer and supplier, on November 1 announced a deal with Electrocentrale Bucuresti, the main provider of heating via the central heating system of Bucharest, more

10.27.2022

Romgaz (SNG.RO), a natural gas and electricity producer held by the Romanian government via the Energy Ministry, on October 27 announced conclusion of three deals with Engie Romania, Electrocentrale more

10.19.2022

Romanian natural gas producer and supplier ROMGAZ (SNG.RO) on Wednesday (Oct 19) concluded a Memorandum of Understanding with SOCAR, the state-run oil company of the Republic of Azerbaijan, which sets more

10.07.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Friday announced the completion of the procedures to change the name of ExxonMobil Exploration and Production Romania Limited to ROMGAZ more

09.27.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Tuesday (Sept 26) said in a stock market report that it placed with state-run lender CEC BANK three term deposits in the total amount of more

09.13.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Tuesday (Sept 13) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RON160 more

09.01.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (Sept 1) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RON130 more

08.19.2022

State-owned natural gas producer and supplier Romgaz (SNG.RO) borrowed EUR325 million from Raiffeisen Bank at an interest of three-month EURIBOR plus 0.05% per annum, ZF has found from the more

08.12.2022

Romgaz (SNG.RO), a state-owned natural gas producer and supplier, posted RON1.7 billion net profit in the first half of 2022, an increase of 127% on the year-ago period. Revenue, on the other hand, more

08.10.2022

The Romanian office of the CEE / SEE law firm Wolf Theiss has represented a syndicate of banks made up of Raiffeisen Bank and Banca Comerciala Romana (BCR) in relation with a credit facility of EUR325 more

08.05.2022

The transaction whereby Romanian natural gas producer and supplier Romgaz (SNG.RO) acquired in early August 2022 US ExxonMobil’s ownership stake in the Neptun Deep gas exploration and drilling more

08.04.2022

Law firm Dentons provided legal assistance to Romanian natural gas producer and supplier Romgaz (SNG.RO) for the completion of the acquisition of the 50% ownership stake held by US ExxonMobil more

08.02.2022

Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted ExxonMobil, one of the world’s largest publicly traded international oil and gas companies, in finalizing the sale of its 50% more

08.01.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Aug 1) announced the completion of the acquisition transaction and the transfer of all shares representing 100% of the share more

08.01.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Aug 1) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RON70 million, more

06.30.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (June 30) said in a stock market report that two conditions precedent are yet to be fulfilled in order to complete the more

06.29.2022

BCR has joined as lender the loan agreement enabling Romgaz (SNG.RO) to purchase the Exxon stake in the Black Sea gas, Romgaz said in a report to the Bucharest Stock Exchange on Tuesday night. more

06.03.2022

Romanian natural gas producer and supplier Romgaz (SNG.RO) has put into operation the Cosereni drying station, with three wells being put into production, stated energy minister Virgil Popescu. more

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