Romania will reach 90 percent gas storage filling by the end of the summer season, and this will help for winter preparations, Franck Neel, OMV Petrom Executive Board member, responsible for Gas & Power, told a press conference on Wednesday.We know that the winters are no longer so cold. The trend is for winters to be milder, but there will certainly be days with peak consumption, when consumption will be very high, but not over the entire winter season. Anyway, we do not anticipate any kind of risk regarding the demand or supply side, neither in Romania nor in the region, said Franck Neel when asked by journalists about the way Romania is preparing for the winter season.According to the OMV Petrom official, the company is required to reach 5 TWh storage stock by the end of the summer, and is currently at 3.2 TWh.We injected a high capacity in July, so we are on schedule, I don't think there will be any problems. Demand in the first quarter was quite low due to the mild winter, but we saw an increase in demand during the summer, which is still good news. It means that industrial production is recovering. Our forecast is stable until the end of the year and we anticipate a fairly good recovery on the Business-to-Business side, which has been a bit behind last year, said Franck Neel.
Traffic is restricted in central Bucharest after local authorities started work at the degraded Unirii platform. Splaiul Independenței, between Națiunile Unite Square and Unirii Square, is the first area with restrictions. District 4 mayor Daniel Băluță, who heads the reconstruction project valued at RON 800 million (EUR 158.6 million), said that the areas in front […]
The "Pământul Strămoșesc" Association, founded by former presidential candidate Călin Georgescu and several others, announced on Friday, June 6, that it will dissolve. The association, named after a Legionary magazine that circulated during the interwar period, was established in 2021 by Călin Georgescu, along with a former AUR parliamentary candidate and former officer of the […]
EVConnect, one of the pioneers in electromobility in Romania, announced a strategic partnership with Selgros, dedicated to expanding the electric vehicle (EV) charging infrastructure. The collaboration aims to install over 40 charging stations in Selgros commercial centers’ parking lots, providing customers with access to fast EV charging options. The first charging stations are already operational […]
Roughly 5,000 soldiers from Italy, Moldova, Romania, and the United States are participating in the multinational Saber Guardian 25 (SG25) exercise, running from June 9 to 24. The exercise is led by the US Army Europe (USAREUR) and the Romanian Joint Forces Command “General Ioan Emanoil Florescu.” Military activities take place across multiple training areas […]
Protests that were initially peaceful quickly turned violent after two 14-year-old Romanian boys were charged with the rape of a teenage girl in the small town of Ballymena, Northern Ireland. The alleged rape took place Saturday, June 7, and their case was heard the following Monday. The BBC, which did not release the identities of […]
The Democratic Alliance of Hungarians in Romania (UDMR) has launched a public appeal for donations to support the community of Praid, where devastating flooding recently forced the closure of the area’s salt mine and brought tourism to a standstill. Flooding completely disrupted operations at the Praid salt mine, a major economic driver in the region. […]
