Romania has imported during the first 10 months of 2021, a quantity of crude oil of over 5.513 million tons of toe (tonne of oil equivalent) net crude oil, with 49,700 toe (0.9%) smaller than the one imported during the similar period of 2020, according to the centralized data from the National Institute of Statistics (INS).Crude oil production rose up to almost 2.6 million toe, being 4.2% (112,900 toe) smaller than last year.The National Commission for Strategy and Prognosis (CNSP) estimates that crude oil production this year will be at 3.275 million toe (minus 3.2% from 2020) and 3.2 million toe (-2.3%) in 2022. Imports are expected at 8.425 this year (+20.7%) and 8.815 million toe in 2022 (+4.6%).The National Energy Strategy, published on the website of the Ministry of Energy, estimates that crude oil production will continue its slow drop tendency between 2030 and 2050, from 22 to 13 TWh (1.93 at 1.15 million toe).The results of modeling in 2016 indicate a halve of internal crude oil production, to up to approximately 2 million tons in 2030. The rise in import dependency cannot be avoided on medium and long term, unless the activity of exploring and production is encouraged, as well as increasing efficiency of fossil fuel consumption, the project mentions.
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
