Bucharest intends to ask the European Commission to revise the proposed legislation to reduce methane emissions because Romania would face high costs compared to other member states, as Energy Minister Sebastian Burduja announced on Tuesday, www.euractiv.com informs. The new proposal will result in over €1 billion expenses for Romania, impacting both industries and consumers. “We will fight for the final version of the regulation to take into account Romania’s unique circumstances”, Burduja said at the Romanian International Gas Conference 2023, adding that he is going to discuss with all member states and institutional actors. In December 2022, the Council reached an agreement (general approach) on a proposal to track and reduce methane emissions in the energy sector, as methane is a powerful greenhouse gas responsible for about 30% of current global warming. The proposal introduces new requirements for the oil, gas and coal sectors to measure, report and verify methane emissions (MRV) at the highest standard. Operators must carefully document all wells and mines, trace their emissions and take appropriate mitigation measures to prevent and minimise methane emissions in their operations. Burduja said Romania has to monitor over 60,000 wells. Maintaining the current form of the Regulation would adversely affect the competitiveness of the Romanian economy and burden its citizens. The second-largest producer of oil and gas in the EU, Romania is among the Union countries with the highest reported annual methane emissions from the energy sector, according to a scientific study coordinated by UNEP’s International Methane Emissions Observatory, Utrecht University and Environmental Defense Fund.
A Romanian F-16 Fighting Falcon fighter jet deployed as part of NATO’s enhanced air policing mission in the Baltic region shot down a drone in Estonian airspace on Tuesday, May 19, Romania’s Ministry of Defense announced. The interception marks a first for the Romanian Air Force detachment known as the “Carpathian Vipers.” According to the […]
Cluj Business Campus, a real estate and urban workplace experience project developed in Cluj-Napoca, Romania's second-largest city, has entered a new stage of development, with investments of nearly half a million euros allocated for 2026, according to a press release from the institution. The investments are part of a multi-year development calendar and are focused […]
Around 48.6% of respondents in the most recent INSCOP Research survey believe that the no-confidence motion backed by the Social Democratic Party and Alliance for the Union of Romanians, which brought down the Bolojan government on May 5, was a useless act that...
Thirty-five years after the opening of the Șt. O. Iosif bookstore in Brașov, the starting point of Libris, the company is publishing an analysis of the bestselling books of the past decades. From previously banned authors avidly read immediately after 1989 to books about trauma, meaning and healing dominating today’s charts, Libris data reveals how […]
Earlier this week, the Romanian Senate passed a legislative proposal initiated by the far-right Alliance for the Union of Romanians (AUR) under which non-governmental organizations are required to make public all sources of funding and the identity of donors. If the bill is adopted as law, the reports regarding an NGO’s financing would be submitted […]
The National Bank of Romania (BNR) has revised upward its inflation forecast for the end of 2026 to 5.5%, from a previous estimate of 3.9%, according to data presented on Tuesday, May 19, by central bank governor Mugur Isărescu. The institution expects inflation to ease to 2.9% by the end of 2027. Speaking during a […]
