Romania will have natural gas from other sources next winter, from the Black Sea included, and starting this year we will have one billion cubic meters of extra gas, Energy minister Virgil Popescu announced on Tuesday."Romania will also have gas from other sources next winter, including from the Black Sea. The exploitation of gas from the Black Sea has already begun, by those from the company Black Sea Oil & Gas. Tests are already being done to introduce the first molecule of gas into the national transport system. Starting this year we will have one billion cubic meters of extra gas," the minister wrote on Facebook.According to Popescu, Romgaz will complete in the shortest time the takeover of the Neptun Deep perimeter, from Exxon. Through this transaction, Romgaz also takes over the technology and the related contracts for starting the works, so that in 2026 we already have natural gas, to be used as much as possible in Romania."In order not to let the propaganda induce a series of fears, I want to draw attention to the fact that the Neptun Deep offshore perimeter is not in the area that was the subject of the process between Romania and Ukraine regarding the Island of Snakes," Virgil Popescu stressed.At the end of last year, Romgaz announced that its shareholders have approved the takeover of the stake held by the American group ExxonMobil in the Neptun Deep perimeter, which, according to some estimates, would contain gas reserves of about 100 billion cubic meters. OMV Petrom also owns 50 pct of the Neptun Deep block in the Black Sea.
Representatives of the “Agrippa Ionescu” hospital in Bucharest confirmed on Monday, June 16, that former president Ion Iliescu has lung cancer. Earlier this month, former president Traian Băsescu also underwent a planned heart surgery at a hospital in Paris. Iliescu, who is 95 and was president of Romania from 1989 until 1996 and from 2000 […]
The phenomenon of violence against women perpetrated by their partners is more prevalent in Romania compared to other EU states, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania, or FES. Almost half of the women in Romania (45.5%) have suffered psychological violence from their intimate partner, compared to the EU […]
The European Bank for Reconstruction and Development, or EBRD, is set to invest EUR 40 million in the company behind the region’s Burger King franchise, the Polish holding company Rex Concepts. The money will go toward supporting the chain's expansion by opening new quick-service restaurants in Poland, Romania, and the Czech Republic. Rex Concepts, backed […]
Via Transilvanica, the long-distance trail that crosses the country, has unveiled a kilometer milestone on Șimian Island, an island on the Danube located downstream of Drobeta-Turnu Severin. It is a symbolic extension for the trail, which stretches from Putna, in northern Romania, to Drobeta Turnu Severin, marking seven years since the Via Transilvanica project began […]
In 1905, the first Siemens company was established in our country. Siemens S.R.L. has consistently invested in education and human capital development, providing scholarships worth nearly €1,900,000 to undergraduate, Master's, and PhD students, for over 10 years. The company maintains long-term collaborations with prestigious technical universities in Bucharest, Brașov, Cluj-Napoca, and Iași. In 2025, Siemens […]
The organizers of Bucharest's Neversea Kapital festival, scheduled for July 4–6, announced the names of two more guests that will complete the lineup, namely house sensation John Summit and techno star Paul Kalkbrenner. John Summit is a big name in the house and electronic dance genres. Recognized by Rolling Stone as “The Hottest Name in […]
