Hungary wants to expand its cooperation with Romania in the gas sector to diversify its energy sources, and relevant companies from the two countries are already negotiating an agreement, Hungarian Foreign Minister Peter Szijjarto said on Monday as quoted by Reuters. Szijjarto stressed that Hungary is interested in cooperation with Romania in the energy field, given that Romania is set to become a net exporter of natural gas in the coming period, with the start of production in a new Black Sea gas field, Neptun Deep. Drilling at the Neptun Deep gas field in the Black Sea, one of the most important gas fields in the European Union, which will double Romania’s production and could transform the country into a net exporter, could begin in a few weeks. “This new field will be the only fresh source of gas in the region that can contribute to energy diversification,” Szijjarto said after signing an energy solidarity agreement with Romanian Energy Minister Sebastian Burduja. “Our companies are already involved in the necessary trade negotiations and we hope that they will reach an agreement that represents progress for both countries,” the Hungarian official added. The Romanian Ministry of Energy has not yet communicated anything about this subject. Hungary has expressed its intention to purchase gas from the Neptun Deep block for years. The Neptun Deep block is owned equally by OMV Petrom and Romgaz.
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
Four cities, namely Bistrița, Deva, Oradea, and Tulcea, have submitted bids to become Romania’s Youth Capital in 2027, organizers announced after the first round of applications closed on September 15. The competition, inspired by the European Youth Capital program, highlights cities’ commitment to investing in young people and involving them in community life. “The fact […]
Revolut Bank UAB has appointed Florina Moisei as the new Country Manager of its Romanian branch. The digital bank has about 4.5 million users in the country. According to the company, Florina Moisei brings over 20 years of experience in the financial-banking sector, with a strong focus on risk management, operational efficiency, and business development. […]
Three projects coordinated by schools and institutions from Romania have been designated winners of the European Award for Innovative Teaching 2025, granted by the European Commission. The projects, designed by schools from Bucharest, Harghita, and Iaşi, tackle a range of issues. The awarded projects are: Rangers of Change, by Secondary School no. 195 from Bucharest […]
