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.
More than a dozen individuals, among which bar administrators, bartenders, waiters, and hostesses, have been brought to trial by prosecutors on charges of intoxicating foreign tourists who visited two establishments in the Bucharest Old Town, after which they robbed them or emptied their bank accounts. In total, 16 individuals and two companies have been charged […]
Romanian Major General Florin Barbu is set to take command of the EU’s EUFOR ALTHEA mission in Bosnia and Herzegovina (BiH). As a result, Romania will hold the command of two of the nine military operations and missions conducted under the Common Security and Defence Policy to which it contributes personnel. Aside from holding command […]
The National Chamber Choir "Madrigal – Marin Constantin" will mark Romania's National Culture Day with an extraordinary concert titled MADRIGAL – DESPRE CULTURĂ on Tuesday, January 14, in the Aula Magna of the Patriarchate Palace in Bucharest. Under the baton of conductor Anna Ungureanu, the event will celebrate the richness of Romanian cultural heritage, spanning […]
The top players in tennis will participate in Transylvania Open WTA 250, a tournament that will take place between February 1 and 9, 2025, at BT Arena in Cluj-Napoca, Romania. The list begins with Anastasia Potapova, ranked 35th in the WTA rankings. In 2023, she claimed her second WTA title by winning the Linz tournament, […]
Romania has remained one of the most affordable property markets in Central and Eastern Europe (CEE), with housing prices growing slower than income levels. This trend is in contrast to neighboring countries like Poland, the Czech Republic, and Hungary, which saw significant increases in both property prices and rents, according to Colliers' latest analysis. In […]
Mihai Spulber (picture, right), currently SVP operations and supply chain at Mega Image, will assume the role of brand president at Profi effective July 1, 2025, replacing current CEO Gaetan Pacton. The change at the top comes after Ahold Delhaize, the company behind Mega Image, completed the acquisition of Profi in Romania, welcoming the brand […]
