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ROMGAZ

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Romgaz Signs Contract to Buy Exxon’s Stake in Neptun Deep
Energy

Romgaz Signs Contract to Buy Exxon’s Stake in Neptun Deep

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...

Loredana Frățilă-Cristescu · 03.05.2022 · 18:56 · 1 min
Energy Ministry OKs Romgaz Acquisition of ExxonMobil’s Stake in Black Sea Natural Gas Project
Energy

Energy Ministry OKs Romgaz Acquisition of ExxonMobil’s Stake in Black Sea Natural Gas Project

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 S...

Loredana Frățilă-Cristescu · 28.04.2022 · 21:32 · 1 min
Deloitte Romania Assisted Romgaz In Contracting EUR325M Loan To Buy Exxon's Stake In Neptun Deep Project
Energy

Deloitte Romania Assisted Romgaz In Contracting EUR325M Loan To Buy Exxon's Stake In Neptun Deep Project

Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank.

Ecaterina Craciun · 15.04.2022 · 12:19 · 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
Romgaz Management Finally Approves Buying Exxon’s Stake in Black Sea Gas Project
Capital Market

Romgaz Management Finally Approves Buying Exxon’s Stake in Black Sea Gas Project

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 i...

Loredana Frățilă-Cristescu · 23.03.2022 · 00:00 · 1 min
Romgaz Sees 44% Growth in Revenue and 52% Growth in Profit in 2021
Capital Market

Romgaz Sees 44% Growth in Revenue and 52% Growth in Profit in 2021

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% i...

Loredana Frățilă-Cristescu · 25.02.2022 · 12:24 · 1 min
Romanian State Wants Seven New Interim Executive Board Members At Romgaz
Energy

Romanian State Wants Seven New Interim Executive Board Members At Romgaz

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.R...

Ecaterina Craciun · 09.02.2022 · 18:04 · 1 min
Romgaz Eyes RON12B Revenue, RON1.7B Net Profit In 2022
Energy

Romgaz Eyes RON12B Revenue, RON1.7B Net Profit In 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 a...

Ecaterina Craciun · 26.01.2022 · 17:43 · 1 min
Sources: Raiffeisen Bank Wins Bid For Financing Romgaz's Acquisition Of Exxon's Stake in Neptun Deep Project
Banks-Insurance

Sources: Raiffeisen Bank Wins Bid For Financing Romgaz's Acquisition Of Exxon's Stake in Neptun Deep Project

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 stak...

Ecaterina Craciun · 14.12.2021 · 15:26 · 1 min