Oil and petroleum handling company Oil Terminal commissioned on Friday in Constanta a gas tank with a storage capacity of 55,000 cubic meters built at the company's South Storage Facility, at the exit of the city, with Energy Minister Sebastian Burduja attending.According to Oil Terminal CEO Sorin Ciutureanu, one of the reasons why the new tank was built outside the city is that of relocating the storage capacity from the 100-hectare inner-city Northern Storage Facility, to allow an urban regeneration project to be carried out on 38 hectares, which will come with "multiple benefits for the Constanta community, as well as for the company," a release states.The commissioning of the new storage capacity also marks 125 years of Oil Terminal activity, a company the Energy Ministry holds 87.75 percent of.Minister Burduja congratulated the company management for the investments made.Oil Terminal SA and Iulius Real Estate SRL signed last year an association agreement under which a 38-hectare area owned by Oil Terminal, that housed storage facilities for petroleum products and where the main business activity has been discontinued more than 10 years ago, shall be returned to the city as a sustainable urban area accessible to the entire community, contributing to the economic, touristic, social and cultural development of Constanta.At the 125th anniversary of the company, the construction of the 55,000 cubic meter tank at the South Storage Facility was finalized, complete with a new loading ramp for tank trucks, the technological installations were upgraded and made more flexible, so that Oil Terminal can move diesel via five berths, compared to two berths in the past years. Also, in a first, 150,000 DWT Aframax tankers will be operated for diesel unloading.Oil Terminal holds 45 percent of the domestic service market for crude oil imports via the Black Sea, over 60 percent for the export of petroleum products, and 90 percent for the import of black oil.
Romanian car rental company Klass Wagen said that it launched the Autozentrum brand and opened its first subsidiary in Germany, becoming the first Romanian company to sell used cars on the German market. The move marks the beginning of the Klass Wagen Autozentrum European network, through which the group intends to sell used cars directly […]
The Romanian men's tennis team defeated El Salvador 3-1 over the weekend of September 13-14 and secured a spot in the Davis Cup World Group I Play-offs. The tie between the two teams was played within World Group II. In the first match of the tie, Romanian Radu Țurcanu defeated Marcelo Arévalo, 6-7 (3/7), 6-3, […]
France has introduced a pilot program to teach Romanian as a mandatory foreign language in its public school system, marking the first such initiative in the country’s education sector, the Romanian Embassy in Paris announced. The project began at Collège Aimé et Eugénie Cotton in Blanc-Mesnil, a town in the Seine-Saint-Denis department, where many students […]
Romanian athlete Sabrina Maneca Voinea won the gold medal in the final floor exercise at the 2025 FIG Artistic Gymnastics World Challenge Cup held in Paris. Voinea, who had also had the highest score in qualifications, namely 13.633, received 13.800 points for her final routine, earning the top spot. The silver medal went to the […]
An expected decision on prolonging the price capping mechanism for staple food, which expires at the end of September, may generate more tensions within Romania's four-party coalition. The Social Democrats (PSD) expressed firm views over the weekend, after the government's spokesperson, Ioana Dogioiu, on September 13 claimed that the non-prolongation decision was approved by all […]
Romania's Foreign Ministry summoned the Russian ambassador for the second time in only a couple of days, after a Russian drone entered the national territory in the evening of September 13. In a mission described by Romanian defence minister Ionut Mosteanu as "most likely a provocation," the Russian drone followed a circular trajectory for 50 […]
