Popescu: Romgaz will issue bonds to finance Neptun Deep in the first half of 2024
Romgaz (SNG) intends to issue bonds, in the first half of 2024, to finance the Neptun Deep gas extraction project…
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Exxon
Deloitte: Romgaz – Exxon deal, the most important of 2022
Romania’s mergers and acquisitions (M&A) market reached a record in 2022 in terms of value and number of deals, according…
UN chief urges tax on ”grotesque greed” of oil, gas companies
United Nations Secretary-General Antonio Guterres slammed the “grotesque greed” of oil and gas companies and their financial backers and urged…
Romgaz has completed the process of acquiring Exxon’s stake in Neptun Deep
On Monday, Romgaz completed the acquisition of Exxon’s stake in the Neptun Deep project in the Black Sea, according to…
Minister: Starting this year, we will have an additional 1 billion cm of gas
Romania will have natural gas from other sources next winter, including from the Black Sea, and starting this year we…
Ministry of Energy is in talks with many external partners to diversify gas sources
The Ministry of Energy has had numerous meetings with foreign partners to diversify gas sources and ensure independence from Russian…
Sources: Romgaz-Exxon deal for the Neptune Deep takeover, approved “without any problems”
Although it was postponed at the first shareholders’ call, which took place yesterday, the transaction by which Romgaz takes over…
Popescu: Exxon-Romgaz agreement, an important step for energy security
The agreement between Romgaz and ExxonMobil regarding the acquisition of the American company’s participation in the Black Sea gas reserves…
Dan-Dragoș Drăgan: Romgaz and Exxon deal will be completed this year
The result of the negotiations between Romgaz and Exxon Mobil in order to take over by the largest domestic gas…
Romgaz has started the procedure for obtaining a financing of 1.6 bln. lei, to cover a part of the transaction with Exxon
Romgaz has started the procedure for obtaining a financing of 1.6 billion lei, to cover a part of the transaction…
Aristotel Jude: Five-year strategy and new priorities for Romgaz, new four-month term
Bogdan Tudorache For the current management of Romgaz, it was not easy to take over the initial two-month mandate, especially…
Minister of Energy: Romgaz will submit an offer in the next two months for Exxon’s participation in the Neptune project
Romgaz will submit an offer to take over Exxon’s participation in the Black Sea deep gas project in the next…
Popescu: Romgaz can take over Exxon’s stake in Neptun Deep, has a larger financial capacity than Petrom
Romgaz has a larger financial capacity than Petrom and can take over the entire participation of ExxonMobil in the Neptun…
Exxon plans for new offshore gas in Australia at the beginning of 2021
Exxon looks to push forward with production of offshore gas in Australia, in 2021. The West Barracouta project, located in…
GEO that prevents Exxon from selling its Black Sea shares needs CSAT approval
One of the 25 Emergency Ordinances approved last week concerns the changes brought to the Oil Law. But this has…
Exxon will not be able to sell its stake in Neptun Deep without Government approval
Bogdan Tudorache Exxon will not be able to sell its stake in Neptun Deep without the consent of the Romanian…
Ludovic Orban: BRUA will interconnect with TurkStream, Exxon might stay
The BRUA pipeline will interconnect with Turkstream, a new Russian pipeline, through which Gazprom transports gas to Europe, bypassing Ukraine…
Iohannis: Any Exxon transaction will be done according to the law
President Klaus Iohannis said on Thursday, referring to information about Exxon’s intention to sell its stake in the Black Sea,…
Romgaz could apply for European funds through JET Fund, pursues diversification
Bogdan Tudorache The transition to a carbon-free economy was the main topic of discussions that took place on Thursday at…
Exxon’s Neptun Deep participation, estimated at USD 250 million
Exxon has put its 50% stake in Neptun Deep up for sale, worth an estimated USD 250 million, according to…
Exxon eyes UK North Sea exit after 50-year presence
Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and…
Exxon, Shell feel the pain of natural gas glut in Q2 results
The world’s oil majors are feeling the heat from steadily shifting their investments toward natural gas, as weak gas pricing…
A new wave of LNG is set to hit the markets
The increased transition to natural gas in heating and electricity generation around the world will continue to drive liquefied natural…