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.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
