ROMGAZ
467 articole · RSS
Record-High Profit At Romgaz: Romania's Largest Natural Gas Producer Reaches Net Result Of RON1B
Romgaz Medias, Romania’s largest gas producer and the most profitable state-run company, last year reached a net profit of over 1 billion lei (around EUR0.22 billion), 35% more than the prel...
Antitrust Body To Complete Gas Market Probe In Upcoming Months
Romania’s Competition Council said it will finalize in the upcoming months the antitrust inquiry set off last year on the local gas market regarding a potential conspiracy between several co...
Romania, International Consortium Sign Brokerage Deal For Romgaz IPO
Romanian Economy Ministry has signed a brokerage agreement to sell 15% in state-run natural gas producer Romgaz Medias, the ministry said in a statement Monday.
Romgaz To Invest $500M In Geological Surveys Over Next Four Years
Romanian state-run natural gas producer Romgaz will invest some $500 million (EUR372 million) in geological surveys at eight onshore fields leased from the national mineral resources agency,...
Gas Price Liberalization Will Not Hike Prices Too Much – Economy Ministry Official
The liberalization of gas prices, requested by the International Monetary Fund and the European Commission, will not result in a strong increase of fees, to import levels, since purchase pow...
Romgaz Appoints New Interim General Manager
Romanian state-owned natural gas producer Romgaz has appointed Costel Totan as interim general manager, replacing Dumitru Chiselita who was appointed adviser within the Economy Ministry.
State-Owned Energy Companies Post Record-High Results
The largest 15 companies controlled by the Economy Ministry posted 23 billion lei (EUR5.3 billion) in revenue last year, up 15% on 2010. The highest increases were those of the energy comple...
Romgaz Net Profit Rises To RON762M In 2011
Romanian natural gas producer Romgaz Medias Thursday said its net profit rose 17% to approximately 762 million lei (roughly EUR180 million) in 2011, on higher sales.
Romgaz Hikes Gas Imports By 40% To Meet Demand
Romanian natural gas producer Romgaz Medias Friday said its gas imports increased by 40% in the first half of the month to meet the growing demand following extremely cold temperatures.