01.30.2012

Romanian state-run natural gas producer Romgaz Medias has awarded an 88.26 million lei (EUR20.3 million) contract to INSPET Ploiesti to upgrade its storage facility in Bilciuresti locality, Dambovita more

01.24.2012

A consortium including US bank Goldman Sachs and Austria’s Erste Bank AG will broker the sale of a 15% stake in Romanian natural gas producer Romgaz, sources in the capital market told Mediafax more

01.18.2012

Romanian Economy Ministry Ion Ariton Wednesday suspended Marcel Piteiu from his position as general manager of natural gas producer Romgaz, pending an investigation into allegations of undermining the more

01.16.2012

Three consortia including large financial groups - JP Morgan, Goldman Sachs and Citibank - as well as local brokerage firms, Monday filed bids to broker the listing of gas producer Romgaz, Romania’s more

01.11.2012

Three consortia including US banking corporations JP Morgan, Goldman Sachs and Citibank will submit offers to broker the sale of a 15% stake in Romanian natural gas producer Romgaz, sources in the more

12.28.2011

Romania’s Economy Ministry has extended until January 16 the deadline by which companies can bid to broker the floating of a 15% stake in state-owned natural gas producer Romgaz. more

12.15.2011

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall. more

12.09.2011

The Romanian Economy Ministry will sell a 15% stake in natural gas producer Romgaz by end-June 2012, according to the government’s latest letter of intent to a EUR3.5 billion loan agreement with the more

12.05.2011

The consultant developing the feasibility study for gas route AGRI (Azerbaijan-Georgia-Romania Interconnector) will be selected in an auction held by the end of this year, according to Romanian more

12.02.2011

Romanian natural gas producer Romgaz Medias has awarded over 1,300 public procurement contracts worth 576.5 million lei (EUR132.4 million) in the first eleven months of 2011, largely for drilling more

11.28.2011

Brokers wishing to intermediate the listing of a 15% stake in Romanian state-owned gas producer Romgaz Medias can bid in the auction until December 29, the Economy Ministry said Monday in a news more

11.07.2011

Romanian natural gas producer Romgaz Medias will hold an open auction on December 19 to award a 50.5 million lei (EUR11.6 million) prospection contract. more

10.25.2011

Romanian natural gas producer Romgaz Medias Tuesday said its net profit more than doubled to 677.7 million lei (roughly EUR157 million) in the first eight months, on lower costs. more

10.05.2011

Romania's Government has added five years to the oil drilling rights held by gas company Romgaz on a surface of 16,200 square kilometers and has signed seven exploration agreements with foreign more

09.27.2011

Romanian gas producer Romgaz is analyzing various ways to diversify natural gas imports, including from the Caspian Sea and Western Europe, gas sales director Dumitru Chiselita said Tuesday. more

09.19.2011

Romgaz Medias, Romania’s largest natural gas producer, is looking at a number of solutions it might use to boost its drilling operations as the production volume estimated for this year is 10% lower more

09.08.2011

Romania’s mineral resources agency ANRM has agreed to extend by five years the exploration license for eight onshore fields leased to natural gas producer Romgaz Medias, the agency’s head more

09.07.2011

Romanian natural gas producer Romgaz Medias was selected to attend an international auction for 12 oil and gas exploration blocks in Iraq, people familiar with the matter said Wednesday. more

08.24.2011

The 20 most profitable companies in Romania posted cumulated net profit of EUR1.77 billion in 2010, up 2.3% against the previous year, shows a Ziarul Financiar analysis of the financial statements more

08.19.2011

Romanian state-run natural gas producer Romgaz Medias has requested approval from the National Mineral Resources Agency (ANRM) to extend until 2014 its exploration license on eight onshore fields, the more

08.08.2011

Romania's Economy Ministry has selected international law firm Salans to provide consultancy services for the sale of a 15% stake in natural gas producer Romgaz Medias, the law firm said in a more

07.29.2011

Gas producer Romgaz Medias posted a net profit of 488 million lei (EUR115 million) in the first half of the year, on RON1.99 billion sales, according to financial results published Friday. more

07.12.2011

Romanian state-owned gas producer Romgaz Medias will auction off, on August 19, a rig services contract worth 69.3 million lei (EUR16 million). more

06.22.2011

Romanian gas producer Romgaz Medias estimates it will take over by the end of the year the Iernut thermal power producer, from Electrocentrale Bucuresti, and is currently awaiting shareholder approval more

06.20.2011

Romgaz Medias, one of the most valuable state-owned companies that accounts for half of the Romania's natural gas production, is to give EUR168 million, 90% of last year's net profit, plus more