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…
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Romgaz will complete in the Q1 of 2022 the transaction with Exxon for taking over the Neptun Deep stake
Romgaz will sign the contract with Exxon to take over the 50% stake in Neptun Deep Black Sea gas field…
Romgaz is convening shareholders to approve the $1 bln. deal with Exxon
Romgaz convenes, on December 9 and 10, the Ordinary and Extraordinary General Meetings of Shareholders to approve the transaction regarding…
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…
President of Romania officially talks about supporting the OMV Petrom – Romgaz partnership in the Neptun Deep project
The President of Romania, Klaus Iohannis, received on Thursday, September 16, 2021, at the Cotroceni Palace, the OMV Group delegation,…
PwC: Black Sea Natural Gas – Investments need to be made now
The subject of natural gas reserves in the Black Sea has been intensely debated in public space over time. The…
Exxon launches U.S. shale gas sale to kick-start stalled divestitures
Exxon Mobil Corp has begun marketing U.S. shale gas properties as it ramps up a long-stalled program that aims to…
Sources: Exxon may remain in the Neptun Deep project with Romgaz
Exxon could remain an active part of the Neptun Deep project, in order to continue collaborating with the most possible…
Verchere: Neptune Deep, 4 years late; we hope that other projects will not suffer in the same way
The Black Sea gas extraction project, Neptun Deep, is four years late, and the Romanian authorities should amend the legislation…
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…
ANRM: Romania’s interest is for investments in Black Sea gas to start in 2022
Romania’s interest is for the investment in the Neptune Deep perimeter in the Black Sea to start in 2022, otherwise…
Energy Minister: Offshore law to be amended by summer
The offshore law will be amended by the end of this parliamentary session, meaning this summer, Energy Minister Virgil Popescu…
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: The offshore law will be amended in 2021, but the exploitation of Neptun Deep can only start in 2024-25
Amending the Offshore Law will take place later this year, but the exploitation of Black Sea gas cannot start earlier…
Eximbank USA might co-finance the Neptun Deep project with Romgaz
Virgil Popescu, Minister of Economy, Energy and Business Environment had a working meeting yesterday with a delegation of Eximbank USA,…
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…
Drăgan: Exploitation of the Neptun Deep project must begin by 2025
The Romanian government wants gas extraction from the Neptun Deep offshore field to begin by 2025 and is preparing a…
V. Popescu: Romanian state could take over 50% of Neptun Deep, via Romgaz
The Romanian state wants to take over, through Romgaz, the 50% participation in the Neptun Deep gas field, currently owned…
Zeilinger, OMV: Companies with deep pockets are needed to extract gas from the Black Sea
The Black Sea has the potential to become a major player in the European gas market, but companies with deep…
OMV Petrom completes the acquisition of OMV Offshore Bulgaria, entering Han-Asparuh offshore exploration block
OMV Petrom, the largest energy company in Southeastern Europe, completed the transaction for the acquisition of 100% of the shares…
Daniel Apostol (FPPG): Turkey can become Romania’s partner in Black Sea gas projects
Turkey could become Romania’s partner in Black Sea gas exploitation projects, with the huge discovery of gas from Turkish waters,…
Nicolescu: Romanians could take advantage of gas discoveries in Turkey
Romanians could benefit from gas discoveries in Turkey, which will increase competition in the region and determine the construction of…
Verchere: Offshore Law delays erode Neptune Deep project
Black Sea gas may help Romania recover economically post-pandemic, but changes to the Offshore Law are delayed, eroding the economic…