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.
Stanford professor and psychiatrist Dr. Anna Lembke, one of the most influential international voices in the field of addiction and mental health, will speak in Bucharest about digital dependency, burnout, and the attention crisis in the business environment at Impact Bucharest 2026. Lembke, the author of the global bestseller Dopamine Nation: Finding Balance in the […]
Bucharest’s flexible office market expanded strongly in 2025, with new deliveries tripling year-on-year and total stock reaching 74,000 sqm across 48 locations. The segment now accounts for more than 2% of the city’s modern office inventory, according to data released by real estate services firm iO Partners. Total flex supply grew by 8.1% compared with […]
Starting July 1, Romania will take over the rotating presidency of the South-East European Cooperation Process from Bulgaria until June 30, 2027. According to a statement from the Ministry of Foreign Affairs, Romania’s mandate will last one year and will be officially taken over at the SEECP Summit in Sofia, scheduled for June 2026. The institution […]
Bosch has appointed Dan Lăzărescu as director of its Engineering Center in Cluj, effective January 2026, in addition to his role as the group’s representative in Romania. The move marks a strategic step aimed at strengthening synergies between Bosch’s Romanian divisions, the company said. Lăzărescu, who has served as general manager of Robert Bosch S.R.L. […]
Romanians will be able to call 112 via video call and will be found much more easily thanks to a new, highly performant location system, implemented for the first time in Europe. The new system, called Next Generation 112, is based on network information, ILD, and determined location information. It will allow faster call handling, […]
A new analysis showed a sharp decline in the number of Romanian students enrolled at UK universities, with figures dropping by 73% over the past three academic years. In 2024-2025, 2,435 Romanian students were studying in the United Kingdom, compared to 8,915 in 2021-2022 - a decrease of 6,480 students. The downturn follows the UK’s […]
