01.06.2014

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 their more

12.30.2013

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. more

12.24.2013

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 more than more

12.23.2013

The listing of Romania's largest natural gas producer Romgaz (SNG.RO) on the Bucharest and London stock exchanges can be considered the most important deal of the year, ZF has found based on the more

12.18.2013

2013 has been the best of the last six years in terms of the value of stock exchange transactions. In fact it can even be considered the best year in the history of the bourse considering the large more

12.17.2013

Romanian natural gas producer Romgaz Medias (SNG.RO) on Tuesday proposed signing a bank facility agreement to open a documentary letter of credit and to issue bank guarantee letters of up to $14 more

12.12.2013

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) on Thursday said it has completed 3D seismic data acquisition works at a field leased by natural gas producer Romgaz Medias in the more

12.04.2013

Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) and natural gas producer Romgaz (SNG.RO) will join the BET index of the top 10 largest blue chip issuers on the Bucharest Stock more

12.03.2013

Romanian state-run natural gas producer Romgaz Medias (SNG.RO) Tuesday released a freshly revised revenue and expenditure draft budget for 2013, one week after accidentally publishing a wrong draft, more

11.28.2013

Romanian state-run natural gas producer Romgaz Medias (SNG.RO) has revised down its full-year revenue and profit projections, due to weak market demand and lower gas prices, the company said in a call more

11.19.2013

Romania’s natural gas producer Romgaz (SNG.RO) will start exploration drilling next year in two Black Sea oil blocks in a project where it partners up with a firm controlled by Russian giant Lukoil, more

11.18.2013

Transfers with the shares of Romanian state-run natural gas producer Romgaz (SNG.RO) on the Bucharest bourse reached 136.5 million lei (EUR31 million) in four days of trading, a record high more

11.14.2013

Romanian natural gas producer Romgaz (SNG.RO) Thursday reported a 55% decrease in its nine-month profit, mainly due to a decrease in delivered gas volumes. more

11.13.2013

The Bucharest stock market declined in early trade Wednesday, dragged down by OMV Petrom’s (SNP.RO) shares, but Romgaz (SNG.RO) was slightly higher in its second trading session. more

11.12.2013

Romanian state-run natural gas producer Romgaz Medias (SNG.RO) on Tuesday announced plans to bid for one or more hydrocarbon fields the country’s mineral resources agency, or ANRM, will auction in more

11.12.2013

The shares of Romgaz (SNR.RO) opened up almost 20% in the first day of trading in Bucharest, after last month’s initial public offering. more

11.12.2013

Romania is one of Europe’s richest countries in terms of energy resources, ranking fifth among oil and natural gas producers and sixth by coal production. more

11.07.2013

The Bucharest stock market has risen by 4% in the last five trading sessions, generating yields as high as the annual interests major banks pay on deposits. more

11.06.2013

The main challenge for the Polish CEO of the Bucharest Stock Exchange (BVB) is to persuade foreign investors who subscribed in the Romgaz offering through GDRs in London to open accounts and trade the more

11.05.2013

The European Bank for Reconstruction and Development has acquired a 1.9% stake in Romanian natural gas producer Romgaz for EUR50 million (about RON225.5 million), the lender said Tuesday. more

11.04.2013

The arrangers of the sale of 15% in Romgaz (Goldman Sachs, Erste, Raiffeisen and BCR) put their own interests before the seller’s, the Romanian government, which hired them and paid them to get the more

11.01.2013

Romanian state-run natural gas producer Romgaz must become an active player in hydrocarbon exploration and exploitation in the Black Sea, Minister for Energy Constantin Nita said Friday, adding that more

11.01.2013

Romania sold a 15% stake in natural gas producer Romgaz for 1.7 billion lei (EUR382.8 million, $534 million) in the largest Romanian public offering ever to be completed and the first privatization to more

11.01.2013

The initial public offering (IPO) for 15% in state-run natural gas producer Romgaz has been oversubscribed 18 times on the retail segment, with total offers placed by retail investors amounting to more

11.01.2013

Small investors subscribed over 153 million shares overall in a public offering for 15% in gas producer Romgaz Medias, the most valuable state-owned company. At the maximum price of RON32, the value more