The spot price of natural gas on the Romanian Commodity Exchange (BRM) jumped by 66% y/y to RON 250 (EUR 50) per MWh at the beginning of this year despite the low consumption during the holiday period, according to data presented by Profit.ro. At the same time, the colder winter than last year led to a more accelerated extraction of gas from domestic storage and faster depletion of the reserves. Thus, on January 1, Romania still had 22 TWh or 65% of total capacity stored, 6 TWh below the amount on the first day of last year, of 28 TWh or 83% of total capacity. Last year, the amount of domestically stored gas dropped below 22 TWh only on the last day of January, and not from the first day, like this year. Both higher prices and steeper depletion of reserves might be supported in the future by gas exports to Moldova, which needs supplementary energy resources after Gazprom interrupted the exports to Europe. Romania is currently exporting record quantities of gas to the Republic of Moldova, over 50 GWh/day, equivalent to one-fifth of the current gas production, which amounts to approximately 250 GWh/day.
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
