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Romgaz to distribute 90 % of last year’s net profit as dividends – Romania, 26 April 2019

Romanian state-owned natural gas producer Romgaz will distribute dividends in total amount of 252 million euros, which represents 90 % of last year’s net profit. Romgaz’ shareholders approved the distribution of a net dividend of 0.66 euros/share, but also additional dividends according to Govern Full article available for subscribers of Energy NEWS service (PDF publications, […]

Serinus Energy started production at Moftinu gas plant – Romania, 26 April 2019

Oil and gas exploration company Serinus Energy announced that it has started production at the Moftinu gas plant. Press release from the company said that gas from the Moftinu-1003 production well has been flowed through the gas plant into the sales gas pipeline. The  company  will  follow  a  co Full article available for subscribers of […]

Delgaz Grid to invest 750,000 euros in transformer stations – Romania, 26 April 2019

Romanian natural gas and electricity distributor Delgaz Grid, a subsidiary of German company E.ON, plans an investment of some 750,000 euros in the transformation stations Bularga – Iasi, Campulung Moldovenesc – Suceava and Siscani – Vrancea. The replacement of the three power transformers invol Full article available for subscribers of Energy NEWS service (PDF publications, […]