ROMGAZ
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Romgaz And E.ON Sign RON11M Gas Storage Contract
E.ON Energie Romania SA, one of the largest natural gas distributors in Romania, has signed a RON10.99 million gas storage contract with state-run gas producer Romgaz Medias.
Natural Gas Price Hike For Households Boosts Romgaz’ Revenues
The recently announced natural gas price hikes for household consumers could mean an of 1.4 billion lei (EUR315 million) for the revenue of Romania’s main natural gas producer Romgaz (SNG.RO...
Romgaz Seals RON44M Gas Storage Deal With GDF Suez
Romania’s natural gas producer Romgaz (SNG.RO) signed a RON44.44 million contract for natural gas underground storage with GDF Suez Energy Romania, the company said Tuesday.
US’ Invesco Returns To Bucharest Stock Exchange With Romgaz Investment
US investment manager Invesco, one of the top 20 in the world in its line of business, bought one million shares in natural gas producer Romgaz (SNG.RO) in March. The purchase marked its ret...
Romgaz Wants To Break Last Year’s Record And Targets 7% Higher Net Profit
Romania’s largest natural gas producer Romgaz (SNG.RO) targets a net profit of RON1.5 billion in 2015, higher by 7.2% than last year’s net profit which was the largest ever registered by the...
Romgaz Net Profit Falls In First Quarter
Romania’s largest natural gas producer Romgaz (SNG.RO) Tuesday reported a first-quarter net profit of 563 million lei (EUR126.8 million), 7.5% lower than in the year-earlier period.
Romgaz To Sell Natural Gas Worth RON25M To GDF Suez Energy In May-September
Romania’s state-run natural gas producer Romgaz (SNG.RO) and GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, have agreed to increase the value of a natural gas supply con...
Romgaz To Step Up Exploration Efforts In 2015
State-run Romgaz (SNG.RO), the largest local gas producer, says it will step up exploration efforts to identify new gas deposits, so it will drill 40 exploration wells this year, double as m...
Romgaz Wants To Change To Become ‘Leading Actor’ In CEE
Almost 18 months from its initial public offering, natural gas producer Romgaz (SNG.RO) believes its organizational structure is not adjusted to the challenges on the energy market and wants...