Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. The Government has established the National Regulatory Authority...

The Government has established the National Regulatory Authority for Mining, Petroleum and Geological Storage of Carbon Dioxide

August 1, 2024

The Government has established, on Friday, through an emergency ordinance, the National Regulatory Authority for Mining, Petroleum and Geological Storage of Carbon Dioxide (ANRMPSG), a specialized body of the central public administration, with legal personality, fully financed from its own revenues, subordinated to the Government and coordinated by the Prime Minister, through the Chancellery of the Prime Minister, through the reorganization by transformation of the National Agency for Mineral Resources (ANRM), which is being abolished.   ANRMPSG will have several general objectives, among which the development and systematization of the National Geological Fund and National Resources and Reserves Fund; exploitation and rational development of mineral resources reserves and oil reserves, in accordance with the strategies in the domain and the reduction of the impact on environment. Similarly, the identification of new uses of the national transport systems for oil and the development of the mining voids.   It will also aim to promote a secure, competitive and environmentally sustainable European internal market for the exploitation of mineral resources, oil and gas and its effective opening for the benefit of all customers and suppliers in the European Union, and to ensure adequate conditions for sustainable exploitation, taking into account long-term objectives, in line with the provisions of the relevant European Union directives.   ANRMPSG manages the oil resources, mineral resources and the national geological fund, which are public property of the State, as defined by the Law on Petroleum No 238/2004, as amended and supplemented, and by the Law on Mining No 85/2003, as amended and supplemented.  The tasks also include the elaboration and promotion of draft normative acts, norms, instructions and procedures, in accordance with the provisions of the legislation on the geological storage of carbon dioxide. The legal regime for exploitation licenses is also completed.  

Read in full - click here
Decarbonization, a new engine of economic competitiveness - Auchan Romania contributes to accelerating the transition of the agri-food chain through the Climate Supplier Event

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 […]

American blues star Janiva Magness to perform in Romania at Brașov Jazz & Blues Festival 2026

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 […]

Engraving created by Francisco Goya and gifted to Romania’s Nicolae Ceaușescu to be auctioned

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 […]

Romania’s Bicaz Gorges–Hășmaș National Park unveils fish ladder system to allow migration

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 […]

Romanian far-right opposition readies no-confidence motion against Ilie Bolojan government

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 […]

Romanian rock singer known as “Artan” dead after fatal stroke

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 […]