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NATURAL GAS

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Black Sea Pushes Romania’s Natural Gas Production Back Up
Energy

Black Sea Pushes Romania’s Natural Gas Production Back Up

Gas production in Romania reached 6.7 billion cubic meters In the first nine months of the year, up slightly from 6.6 billion cubic meters in the same period last year, data provided by the...

Loredana Frățilă-Cristescu · 02.11.2022 · 22:08 · 1 min
Eurostat: Romania Saw Fourth Highest Household Power Price Increase in H1
Energy

Eurostat: Romania Saw Fourth Highest Household Power Price Increase in H1

Electricity prices for household consumers rose in almost all EU member countries in the first half, with the highest increases seen in the Czech Republic (62%), Latvia (59%) and Denmark (57...

Loredana Frățilă-Cristescu · 31.10.2022 · 15:58 · 1 min
Romgaz Sells RON1.7B Worth of Gas to Engie
Capital Market

Romgaz Sells RON1.7B Worth of Gas to Engie

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, Electro...

Loredana Frățilă-Cristescu · 27.10.2022 · 21:15 · 1 min
OMV Petrom Natural Gas Output Down 11% in 1H/2022 from Year-Earlier Period
Energy

OMV Petrom Natural Gas Output Down 11% in 1H/2022 from Year-Earlier Period

OMV Petrom, Romania’s largest natural gas producer after Romgaz, ended the first half of this year with a natural gas production of 1.7 billion cubic meters, 11% lower from the same period o...

Roxana Petrescu · 25.07.2022 · 09:57 · 1 min
Romgaz Borrows EUR325M From Raiffeisen Bank To Partly Fund Acquisition Of Exxon's Stake In Black Sea Gas Project
Energy

Romgaz Borrows EUR325M From Raiffeisen Bank To Partly Fund Acquisition Of Exxon's Stake In Black Sea Gas Project

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...

Ecaterina Craciun · 30.03.2022 · 13:38 · 1 min
Restart Energy Withdraws from Natural Gas Supply Business
Energy

Restart Energy Withdraws from Natural Gas Supply Business

Electricity and natural gas supplier Restart Energy has decided to withdraw from the natural gas supply business and focus on green power as of 2022. Its 18,000 customers will be allocated b...

Loredana Frățilă-Cristescu · 12.11.2021 · 16:08 · 1 min
OMV Petrom Ready to Take on Operator Role if Romgaz Gets Neptun Deep Block, CEO Says
Energy

OMV Petrom Ready to Take on Operator Role if Romgaz Gets Neptun Deep Block, CEO Says

OMV Petrom Group has all the necessary expertise and is ready to take over the operator role of the Neptun Deep block in the Black Sea after US’ ExxonMobil left, in case the bid submitted by...

Loredana Frățilă-Cristescu · 05.05.2021 · 10:06 · 1 min
Romania Seeks to Invest EUR800M in 7 Years to Expand Natural Gas Network
Energy

Romania Seeks to Invest EUR800M in 7 Years to Expand Natural Gas Network

Romania's government plans to invest EUR800 million in the next seven years (2021-2027) to expand the country's natural gas network, according to a draft emergency decree.

Oana Gavrila · 31.07.2020 · 15:52 · 1 min
Distrigaz Sud Invests RON280M In Upgrades To Natural Gas Distribution Network In 2019
Energy

Distrigaz Sud Invests RON280M In Upgrades To Natural Gas Distribution Network In 2019

Distrigaz Sud Retele has invested nearly RON280 million in 2019, in the rehabilitation, modernization and extension of the natural gas distribution network.

Ecaterina Craciun · 19.12.2019 · 19:38 · 1 min