ROMGAZ
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Romgaz Eyes Over RON1B Investments, Up To 80% In Exploration
Romanian state-run natural gas producer Romgaz Medias (SGN.RO) has an investment program of over 1 billion lei (EUR222 million), out of which up to 80% will be used for exploration, Virgil M...
Romgaz’s Natural Gas Production Down By Almost 20% In A Decade
Romania’s largest natural gas producer Romgaz (SNG.RO) has reduced by almost 20% its production in the past decade. The only good news is that decline slowed down in 2008-2012.
Romgaz Mulls Selling RON107M Worth Of Electricity
Romanian state-run natural gas producer Romgaz Medias (SGN.RO) plans to sell around 563,000 megawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 106.96 million...
Romgaz Eyes $14 Million Bank Guarantees For Russian Gas Imports
Romanian natural gas producer Romgaz Medias (SNG.RO) will “soon” select a bank for signing a bank facility agreement to open a documentary letter of credit and to issue bank guarantee letter...
OMV Petrom, Exxon, Sterling Resources Complete Transfer of Midia Block Portion
OMV Petrom (SNP.RO) and ExxonMobil became the titleholders for the deep water portion of the XV Midia Block, after the Romanian government approved the transfer of hydrocarbon exploration an...
Petrom And Romgaz Paid EUR113M In Royalties In 1H 2013
Petrom and Romgaz, the largest hydrocarbon producers in Romania, paid royalties of some 500 million lei (EUR115 million) to the state budget in the first six months of 2013, according to dat...
What Lies In Store For Romania's Energy Market In 2014
The Romanian state and oil and gas producer OMV Petrom (SNP.RO) are bracing for tough negotiations in 2014 over the royalties charged for Petrom’s oil and gas, Petrom and Exxon will drill th...
Romgaz Names Three New Board Members, Reconfirms Four Others
The shareholders of Romanian natural gas producer Romgaz Medias (SNG.RO) have appointed three new members in the company’s managing board and reconfirmed four other members.
Main Business Events In 2013
ZF has listed the main events of 2013 in Romanian business, which include the biggest-ever profit made by a company in Romania, the opening of the first bridge linking Romania to Bulgaria in...