Prime Minister Nicolae Ciuca said on Wednesday that the first natural gas drill in the Black Sea will happen in the middle of this year, with the new exploitation expected to provide about one billion cubic metres per year, which is 10% of the annual natural gas consumption in Romania."The first Black Sea natural gas drill will be conducted by Black Sea Oil and Gas in the middle of this year and then we will have an extra billion cubic metres per year provided by this investment. (...) In the Caragele field the first dill will be in 2024, and in the Neptune Deep field, before the end of 2026-2027; we cannot hope for Black Sea natural gas earlier than late 2026-2027. We have to say that Romania is a lucky country, having this very important resource at the moment," Ciuca told TVR1 national broadcaster on Wednesday.According to Ciuca, although there is currently enough gas for consumption by the population and industry, an additional amount of about 20% of annual consumption is needed, of which 10% would be provided by the exploitation of Black Sea Oil and Gas.Ciuca added that talks with the Bulgarian prime minister would be held on Friday on the completion of an interconnection between Greece and Bulgaria, so that liquefied gas could be brought to the Mediterranean and unloaded at terminals in Greece or Turkey.With regard to electricity, Ciuca said that the European Union's renewable energy programmes are being considered, along with steps for the commissioning of the Iernut plant, the Cernavoda III and IV reactors and small modular reactors.In connection with the offshore drilling law, Ciuca gave assurances that it will shortly be approved and forwarded for promulgation.
At 24 years old, Romanian Claudiu Fusaru is the youngest T-38 instructor in the 469th Squadron of the Euro-NATO Joint Jet Pilot Training (ENJJPT), the most complex international program for training NATO fighter pilots. The pilot training program, active since 1981, brings together 14 NATO nations and trains the best fighter pilots in the world […]
The Romanian General Prosecutor’s Office and the Directorate for the Investigation of Economic Crime conducted searches at companies part of the Tinmar group on Thursday, November 6, Economedia.ro reported. The company, one of the largest energy traders in...
The Romanian government has approved a new emergency ordinance that introduces major fines for feeding wild bears, environment minister Diana Buzoianu announced on Thursday, November 6. The legislation also defines key terms such as "feeding of bears" and "habituated bear," aiming to curb practices that draw wildlife into populated areas,
The American defense technology company Allen Control Systems (or ACS) has signed a memorandum of understanding with the Romanian Armed Forces for the joint production of autonomous anti-drone turrets in Romania. ACS recently signed two contracts for the delivery of its autonomous Bullfrog turret to the armies of South Korea and the United Arab Emirates. […]
Global environmental NGO Greenpeace saluted the fact that Romania adopted a new normative act on Thursday, November 6, creating the necessary legislative framework so that citizens, municipalities, NGOs, and small enterprises can jointly produce, manage, and consume renewable energy. The framework was finally created “after nearly three years of waiting and requests from local authorities […]
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
