Black Sea Coast

Romania at a Crossroads: Fossil Fuels or a Renewable Future?

Blogpost

After spending weeks researching the Neptun Deep gas project, we kept returning to the same question: Why is Romania investing billions in fossil fuels when it could lead in clean energy instead? At first glance, Neptun Deep looks like progress: a huge offshore project, promising jobs, growth, and “energy independence.” But when you look closer,…

FALSE: “The Neptun Deep project does not induce a significant impact on environmental and socio-economic factors”

Fact-check, False

In June 2024, during public communications about the Neptun Deep offshore gas project, Christina Verchere, CEO of OMV Petrom, stated that “the Neptun Deep project does not induce a significant impact on environmental and socio-economic factors” and “is a strategic project for Romania and the EU, it will contribute to the country’s energy independence and…