All conditions will be in place for Romania to become a natural gas hub once production in the Black Sea starts, Chairman of the Chamber of Deputies Committee on the Environment and Ecological Balance Virgil Popescu, a former energy minister, said on Monday."All conditions will be in place for Romania to become a natural gas hub and I am convinced that we will manage to be a natural gas hub once production in the Black Sea starts," Popescu told the Natural Gas Forum 2023 by Financial Intelligence.Regarding the hydrogen projects, Popescu said that Romania is at the beginning in terms of hydrogen production."We had a milestone in the National Recovery and Resilience Plan (PNRR) regarding the production of hydrogen. A call for projects has been resumed - I understand that it is currently being evaluated - in my opinion, hydrogen is the fuel of the future, it is a non-polluting fuel. Obviously, we still have a long way to go to get there, to use hydrogen on a large scale, but hydrogen production facilities have to be developed. In my conversations with Azerbaijan, Georgia, Romania, Bulgaria about that electric power cable - and maybe you're wondering about this transition to electric energy, to this bridge between the Caspian Sea and the Black Sea - we are talking about renewable energy, and the discussions were about producing hydrogen from this green energy and trying - after a feasibility study - to see what is more cost-effective: to bring renewable energy to Romania through that cable, to produce hydrogen here or to produce hydrogen, for example, in Georgia and transport that hydrogen across the Black Sea. As you can see, we are preparing in all ways, so that Romania may become an important node in European hydrogen production. I believe in hydrogen and I am convinced that Romania will manage to become an important node of hydrogen production and hydrogen transport in Europe," said Popescu.OMV Petrom and Romgaz announced this summer that they will invest up to EUR 4 billion in the development stage of the Neptun Deep project, which will generate a production of about 100 billion cubic metres of natural gas. OMV Petrom is the operator, with each of the companies holding a 50% stake in the project. The first production is estimated in 2027. The peak production is put at 8 billion cubic metres annually (about 140,000 boe/day), for about 10 years.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
