Romgaz

Romgaz becomes equal shareholder with OMV Petrom in the largest energy project for gas extraction in the deep perimeter of the Black Sea

By Jerom Bolt Romgaz, the largest natural gas producer in Romania, signed today the sale-purchase contract of all shares issued (representing 100% of the share capital) by ExxonMobil Exploration and Production Romania Limited (EMEPRL). EMEPRL owns 50% of the acquired...

In Q1 2022, Romgaz Romania signs the contract to take over 50% of Exxon Mobil’s participation in the Neptun Deep offshore gas project on...

By Edwig Ban Sources close to the energy sector inform that the Romanian state gas producer Romgaz (SNG.BX) will pay up to $ 1.07 billion to Exxon Mobil (XOM.N) for the 50% participation in an offshore gas project on the...

Romgaz will invest heavily in offshore partnerships in the Black Sea and in renewable energy

By Jerom Bolt The state-owned company Romgaz, one of the two largest gas producers in Romania, has planned investments of 15.69 billion lei by 2025, mostly in partnerships on offshore projects in the Black Sea, writes News.ro. The 2020-2025 development strategy...

Romgaz acquires 20% of Gastrade, the Greek owner of the LNG Alexandroupolis terminal

By Jerom Bolt The shareholders of Romgaz (SNG), the largest natural gas producer in Romania, have approved the acquisition of a 20% stake in Gastrade shares for the sum of 12.5 million euros, according to a statement issued by the...

The Black Sea gas fields attract major international companies

By Andra Beltz The national gas producer, Romgaz, is in talks with giant companies worldwide in the oil sector, along with analyzing the participation in the XI round of tenders for the concession of new perimeters in the Black Sea,...

Romgaz supports the development of the Southern Gas Corridor from Caspian and Middle Eastern regions to Europe

By Edwig Ban Today, in Azerbaijan, the fifth Annual Meeting of the Southen Gas Corridor Advisory Council (SGC Advisory Council) takes place. Romgaz SA Romania will reiterate its support for the development of the Southern Corridor project, but taking into...

Romgaz and the Azeri company Socar projects an alliance for gas exploitation and transportation

>>> The two companies are interested in natural gas from the Black Sea, but also in the TANAP and TAP pipelines By Edwig Ban After withdrawing from Poland, where he tried to discover new gas fields, Socar Azeri company's state-owned company, is...
- Advertisement -

Latest News

ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces...
- Advertisement -

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...

Techcelerator organizes the first SEE Tech Mission at the Web Summit 2022

By rbj Techcelerator, the most active accelerator in Romania for technology start-ups, organizes the first SEE Tech Mission, a group that will gather regional start-ups...