The largest oil producers in the European Union were, in 2022, Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), according to data published on Monday by Eurostat. According to this source, EU crude oil production continued to decline in 2022, despite a significant increase in oil prices following the Russian invasion of Ukraine. EU oil production fell in 2022 to a historic low of 16.3 million tonnes, 7.4% less than in 2021. Taking a longer time horizon into account, EU crude oil production has been declining since 2004, when it peaked at 41.8 million tonnes, meaning that production in 2022 was 61% lower compared to with the historical maximum since 2004. In 2022 compared to 2021, oil production also decreased in the first three producers: Italy (minus 8%), Denmark (minus 2%) and Romania (minus 6%). According to Eurostat, the EU’s dependence on imports of oil and oil products reached a new historical high of 97.7% in 2022, after in 2021 this dependence registered a significant decline to 91.6%. In 2022, total EU crude oil imports stood at 479.6 million tonnes, a considerable increase of 7.4 percentage points compared to 2021, when these imports fell to their lowest level in 31 years . Most imports came from Russia (88.4 million tons), Norway (54.1 million tons), USA (48.3 million tons), Iraq (37.2 million tons) and Kazakhstan (36 .6 million tons). Also in 2022, EU refineries produced 544.3 million tonnes of oil equivalent of petroleum products, up 4.5% compared to 2021. The largest producers of petroleum products were: Germany (99.9 million tonnes oil equivalent), Italy (74.6 million tons of oil equivalent), Spain (63.4 million tons of oil equivalent) and the Netherlands (59.6 million tons of oil equivalent). Next, in order, are France, Greece, Belgium, Poland, Sweden and Romania, with a production of less than 20 million tons of oil equivalent.
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu, marking the Company’s strategic entry into one of Romania’s most dynamic regional cities. “Sibiu...
The restructuring plan laid out by Liberty Galați was validated by the Galați Court on Friday, August 1, after having been approved by 52% of the ailing plant’s creditors last month. The plan, approved by creditors and confirmed by the Galați Court, sets out firm measures to restructure both the company’s operational activity and the […]
Animest, Romania’s leading animation film festival, returns to Bucharest this autumn with a special 20th anniversary edition. Running from October 3 to 12, the festival invites audiences to explore the theme of "the journey” - a metaphor for both its two-decade history and the personal, emotional paths traced through animated storytelling, the organizers said. Last […]
An article delving into the benefits of hydrotherapy, published by the famous US newspaper The New York Times, features a recommendation for six wellness centers, including Romania’s Therme center. According to the article, “studies show that immersion in water, hot or cold, can calm the nervous system, reduce joint pain and inflammation, stimulate circulation, lower […]
Plastic surgeon Tiberiu Paul Neagu, head of the Burns Center at Floreasca Hospital, one of the major hospitals in Bucharest, was dismissed on Monday, August 4, after a patient was transferred to Belgium following multiple multi-resistant hospital-acquired infections. The scandal broke out when a patient with burns over 70% of her body, who had been […]
The Buzău Land/Ținutul Buzăului UNESCO Global Geopark has received high praise from evaluators following a three-day official visit aimed at assessing its progress and determining whether the site will retain its UNESCO geopark status. The visit, conducted in June by Goran Radonic (Croatia) and Iván Cortijo Sánchez (Spain), concluded with positive feedback for the geopark […]
