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.
Close to 1.8 million Bucharest residents are expected to cast their ballot on Sunday, December 7, to elect the city's next mayor. The post has been vacant since Nicușor Dan was elected president this May. He had secured a second mandate as mayor of Bucharest in June 2024, having won over 48% of the votes. […]
I am a bit late to the party, but I have thoughts (and concerns) on Radu Jude’s much talked-about Dracula, and even more thoughts (and compliments) on other films that I fear might have gone under the radar a bit. Let’s go! There is no more recognizable marketing asset for the local tourism (and no […]
Waterdrop®, brandul european care a redefinit experiența de hidratare prin soluții sustenabile și design minimalist, lansează în România colecția AO26 în Ediție Limitată, inspirată de dinamica și ritmul inconfundabil al Australian Open. Noua colecție aduce în prim-plan produse create pentru cei care își doresc hidratare de nivel profesionist în viața de zi cu zi, de […]
The 33rd edition of Concerto di Natale, held on December 13, 2025, at the Auditorium Conciliazione in Rome, will feature Romanian artists Stephanie Radu and Alin Stoica. The concert, a Christmas emblem, brings artists from all over the world before the international public. Soprano Stephanie Radu will perform two special moments, namely “Regalo di Natale,” her […]
North Bucharest Investments has been honored at the CIJ Awards 2025 with the Best Residential Real Estate Agency of the Year distinction — a recognition of the company’s performance, dedication, and strong positioning within Romania’s high-end residential market. “This award is about people. About those who choose, every single day, to believe in this company, […]
Romania ranks 11th in the world in the EF English Proficiency Index 2025, with a “very high” level of English language skills. According to the index, which represents one of the most extensive global studies on language competence, adults in Romania show a high level of English knowledge. English remains the main international language of communication, […]
