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Transgaz Approves Additional Dividends of RON13.5M
Energy

Transgaz Approves Additional Dividends of RON13.5M

Romania's natural gas transmission company Transgaz Medias (TGN.RO) will be distributing additional dividends totaling ROBN13.5 million, of which RON7.8 million to the Romanian state, which...

Oana Gavrila · 03.12.2018 · 14:21 · 1 min
Transgaz Set to Add 3,200 Km of Pipelines to Connect Entire Country to Gas Transmission System
Energy

Transgaz Set to Add 3,200 Km of Pipelines to Connect Entire Country to Gas Transmission System

Transgaz plans to build more than 3,200 kilometers of pipelines to connect all the towns of the country to the national natural gas transmission system and then to the distribution system an...

Loredana Frățilă-Cristescu · 29.11.2018 · 09:25 · 1 min
Transelectrica Appoints Seven Provisional Supervisory Board Members
Companies

Transelectrica Appoints Seven Provisional Supervisory Board Members

Shareholders of Romanian state-run power grid operator Transelectrica (TEL.RO) on Monday approved the appointment of seven members of the company’s Supervisory Board, with a four-month provi...

Ecaterina Craciun · 26.11.2018 · 19:13 · 1 min
Black Sea Oil&Gas Awards General Services Contract For MGD Project To GSP Offshore
Energy

Black Sea Oil&Gas Awards General Services Contract For MGD Project To GSP Offshore

Black Sea Oil & Gas (BSOG) SRL together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus International B.V., announce that they awarded jointly the general services co...

Ecaterina Craciun · 23.11.2018 · 13:24 · 3 min
OMV Petrom Announces New Gas Discovery in Southern Romania
Energy

OMV Petrom Announces New Gas Discovery in Southern Romania

Romania's OMV Petrom has discovered new natural gas resources in close proximity to existing infrastructure in Valcea county, southern Romania, the company said Thursday.

Oana Gavrila · 22.11.2018 · 12:35 · 1 min
Mircea-Stefan Stanescu Appointed Financial Manager Of Rompetrol Rafinare
Companies

Mircea-Stefan Stanescu Appointed Financial Manager Of Rompetrol Rafinare

Rompetrol Rafinare (RRC.RO) on Tuesday said Mircea-Stefan Stanescu was appointed to the position of Financial Manager of the company, as of November 15, 2018.

Ecaterina Craciun · 20.11.2018 · 17:15 · 1 min
Enel Wants Over 60% Of Group’s Total Energy Production To Be Emission-Free Until 2021 Vs 48% Expected In 2018
Companies

Enel Wants Over 60% Of Group’s Total Energy Production To Be Emission-Free Until 2021 Vs 48% Expected In 2018

Italian utility group Enel wants 62% of its total energy production to be emission-free until 2021, from 48% estimated in 2018, according to Enel’s presentation of its 2019-2021 Strategic Pl...

Ecaterina Craciun · 20.11.2018 · 14:07 · 2 min
Black Sea Oil & Gas Signs Gas Sales Agreement with Engie
Energy

Black Sea Oil & Gas Signs Gas Sales Agreement with Engie

Black Sea Oil & Gas (BSOG), owned by Carlyle International Energy Partners and EBRD, announced Tuesday it has signed an agreement with Engie for natural gas supply from the Midia Gas Develop...

Oana Gavrila · 20.11.2018 · 12:10 · 1 min
Volintiru, Romgaz: We’re Contributing To National Effort, May Not Make Some Investments In 2019
Capital Market

Volintiru, Romgaz: We’re Contributing To National Effort, May Not Make Some Investments In 2019

Romgaz (SNG.RO), the largest natural gas producer in Romania, says the best-case scenario would have had its investment budget at 2.35 billion lei (EUR504 million) next year, up from the RON...

Loredana Frățilă-Cristescu · 16.11.2018 · 11:00 · 1 min