06.05.2015

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) over more

06.02.2015

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. more

05.22.2015

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 return to the more

05.20.2015

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 more

05.12.2015

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. more

05.11.2015

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 contract by more

04.29.2015

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 many as in more

04.27.2015

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 to pay 5 more

03.30.2015

Romania’s largest natural gas producer Romgaz (SNG.RO) Monday announced two new onshore gas discoveries, which account for 3% of its daily production. more

03.20.2015

Romania’s state-run natural gas producer Romgaz (SNG.RO) proposes dividends of RON1.21 billion (EUR273.1 million) this year from its 2014 net profit of RON1.43 billion (EUR322 million). more

02.19.2015

Romania’s state-run natural gas producer Romgaz (SNG.RO) Thursday reported a 44% growth in its 2014 net profit to 1.43 billion lei (EUR322 million), fueled by higher delivered quantities and more

02.03.2015

Romanian natural gas producer Romgaz Medias (SNG.RO) will supply natural gas worth 811.3 million lei (EUR184.3 million) to state-run electricity and thermal power producer Electrocentrale Bucuresti more

02.03.2015

Romanian natural gas producer Romgaz (SNG.RO) is in talks to take over a 32.5% stake in two offshore fields leased to Canada’s Sterling Resources, whose exploration in the area, carried out since more

01.28.2015

The completion of natural gas market deregulation is likely to leave Romgaz without one of the “engines” that brought it record high profit after the first nine months of 2014: gas price more

12.24.2014

State-owned natural gas producer Romgaz Medias is seeking a partner to develop the thermal power plant in Iernut, Mures county, and wants to contribute EUR20,000 to the EUR80,000 share capital raise more

12.11.2014

The National Agency for Mineral Resources (ANRM) proposed the government to extend by 16 years, until 2030, nine concession agreements closed with Romanian state-run natural gas producer Romgaz more

11.13.2014

Insurers Asirom, Groupama, Omniasig and Asito Kapital have submitted bids to provide voluntary health insurance to the nearly 6,400 employees of state-owned gas producer Romgaz Medias. more

11.12.2014

Romanian state-run natural gas producer Romgaz (SNG.RO) Wednesday reported a net profit of 1.11 billion lei (EUR250 million) for the nine months ended September 30, up 39.8% on the year. more

09.02.2014

Romanian state owned natural gas producer Romgaz Medias (SNG.RO) invested EUR27 million in raising by nearly 40% the storage capacity of a natural gas facility in Urziceni, Ialomita County. more

08.11.2014

Romanian state-run natural gas producer Romgaz (SNG.RO) Monday reported a 40% higher net profit for the first six months, mainly due to rising revenue from sale of gas from domestic production, more

07.30.2014

Romanian state-run natural gas producer Romgaz (SNG.RO) on Wednesday rejected a proposal to introduce a variable payment system for its board of directors and executive managers based on the more

07.15.2014

Romania’s Energy Department and investment fund Fondul Proprietatea (FP.RO), the two largest shareholders in natural gas producer Romgaz SA (SNG.RO), propose the company’s board of directors and more

07.10.2014

Romania's minister-delegate for energy Razvan Nicolescu wants state owned natural gas producer Romgaz Medias (SNG.RO) to complete a EUR25 million investment raising the storage capacity of a deposit more

07.09.2014

Romanian state-run natural gas producer Romgaz Medias (SNG.RO) has increased its 2014 personnel expenditure budget by 15.2 million lei (EUR3.46 million) to allow for new hiring following the expansion more

06.30.2014

Romanian state-run natural gas producer Romgaz Medias (SNG.RO) failed to sell a planned 296,163 to 361,977 megawatt-hours of electricity on the local energy exchange OPCOM due to lack of offers. more