For H1 2024, Romgaz,Romania's largest natural gas producer, has reported a total hydrocarbon production of 16.19 million barrels of oil equivalent (boe), 0.39% higher year-on-year, according to a report submitted on Tuesday to the Bucharest Stock Exchange.The amount of natural gas extracted, gross, was 15.98 million boe (-0.05%), and the condensate production was 208,000 boe (plus 52.93%).Natural gas from domestic production totalled 2.526 billion cubic meters, up 12.55% from H1 2024.The electricity production was 341.5 GWh (minus 24.22%).The natural gas extracted from deposits totalled 1.249 billion cubic meters (plus 27.03%), and those injected 929.7 million cubic meters (plus 13.28%).Romgaz's main business segments are geological exploration for the purpose of discovering new gas fields, methane gas production through the use of the fields in the company's portfolio, supply and distribution of natural gas, special operations and well services, production and supply of electricity.The majority shareholder of the company is the Romanian state, with a 70.0071% stake.Starting with November 12, 2013, the shares issued by SNGN Romgaz are traded on the regulated market administered by the Bucharest Stock Exchange.
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
Bringo, the first personal shopper-based rapid grocery delivery service in Romania, handling over 4,000 daily orders in more than 35 cities, launches a loyalty program that turns shopping into a continuous reward experience. "Beyond functional benefits like discounts, free delivery, or double refunds for SGR packaging collected right at your doorstep, Bringo YOU offers a […]
