Romania's net coal production totaled 2.958 million tons of oil equivalent (toe) in the first 11 months of 2021, up 17.5 pct (440,800 toe) form the same period of 2020, according to data centralized by the National Institute of Statistics (INS).During the mentioned period, Romania imported 440,600 toe of net coal, by 38,700 toe (9.6 pct) more y-o-y.The National Commission for Strategy and Forecast (CNSP) estimated a coal production of 3.020 million toe for 2021, up 9.9 pct from 2020, and imports of 370,000 toe, down 12.1 pct. For 2022, CNSP forecasts a production of 2.935 million toe, down 2.8 pct, and imports of 270,000 toe, down 27 pct.According to the National Energy Strategy, total coal output will decrease from 32 TWh in 2030 to 12 TWh in 2050, in a trend to reduce the share of coal in the energy mix (45 TWh, in 2020).For 2030, the results of Optimum Scenario modeling show that energy derived from coal will decrease slightly to 15.8 TWh, accounting for 20.6 percent of the energy mix.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
