In its new strategy for 2030, energy company OMV Petrom sets itself new, more ambitious environmental targets, in line with the Fit for 55 proposals, company CEO Christina Verchere told a specialist conference on Monday.According to her, the company has already reduced its carbon footprint by 26 percent compared to 2010."This was our goal for 2025 and we have already attained it four years earlier. We have also started to build charging stations for electric vehicles at our gas stations, and our goal is to equip 80 stations with chargers, fast chargers included, by the end of next year," she told the forum Efficient Romania - Buildings and the Fit for 55 Package.In addition, the company will increase the biofuels blending capacity of the Petrobrazi refinery, and is also looking at new technologies, such as carbon capture and neutralization, or the use of hydrogen, which will most likely get in use by 2050."We have a strategy for 2030 that we will publish at the beginning of December, where we will set ourselves more ambitious targets, in line with the Fit for 55 goals. It is very important for us to do this, as the largest energy company in Romania," said Verchere.OMV Petrom announced that on December 7, 2021 it will release and present its 2030 Strategy, which will reflect the company's growth plans and its commitment to the energy transition in the context of climate change.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
