Energy

Green Energy

EU lawmakers to mull mandatory CO2 capture by 2025

European lawmakers will consider forcing EU power stations to trap all emissions of CO2 by 2025, when they meet on...

Green Energy

EU lawmakers to mull mandatory CO2 capture by 2025

European lawmakers will consider forcing EU power stations to trap all emissions of CO2 by 2025, when they meet on...

Energy Trade

Ukraine, Russia ready for long-term gas contracts

Ukrainian Prime Minister Yulia Tymoshenko and her Russian counterpart Viktor Zubkov said the two countries are ready for long-term gas...

Energy Trade

Ukraine, Russia ready for long-term gas contracts

Ukrainian Prime Minister Yulia Tymoshenko and her Russian counterpart Viktor Zubkov said the two countries are ready for long-term gas...

Energy Trade

Russia to supply 8 mln tons of LNG to Japan in 2009

From 2009, Russia will supply eight million metric tons of liquefied natural gas (LNG) annually to Japan through the Sakhalin...

Energy Trade

Russia to supply 8 mln tons of LNG to Japan in 2009

From 2009, Russia will supply eight million metric tons of liquefied natural gas (LNG) annually to Japan through the Sakhalin...

Energy Trade

Iran gives ultimatum to Total, Shell

Iran has warned Royal Dutch Shell and Total if they fail to agree on developing South Pars gas field, it...

Energy Trade

Iran gives ultimatum to Total, Shell

Iran has warned Royal Dutch Shell and Total if they fail to agree on developing South Pars gas field, it...

Energy Trade

LUKoil to invest $5.5 bln in Uzbekistan by 2015

Russian oil major LUKoil plans to invest $5.5 billion in the gas-rich Central Asian state of Uzbekistan by 2015, company...

Energy Trade

LUKoil to invest $5.5 bln in Uzbekistan by 2015

Russian oil major LUKoil plans to invest $5.5 billion in the gas-rich Central Asian state of Uzbekistan by 2015, company...

Energy Trade

Gas exporters to meet in Tehran on April 28

An alliance of the world’s leading gas producers will hold a ministerial meeting in Tehran on April 28, the head...

Energy Trade

Gas exporters to meet in Tehran on April 28

An alliance of the world’s leading gas producers will hold a ministerial meeting in Tehran on April 28, the head...

Energy Trade

Gazprom, Qatar discuss joint energy investment prospects

Gazprom and Qatar’s state-owned oil and gas company Qatar Petroleum are considering joint investment projects in the energy sector, the...

Energy Trade

Gazprom, Qatar discuss joint energy investment prospects

Gazprom and Qatar’s state-owned oil and gas company Qatar Petroleum are considering joint investment projects in the energy sector, the...

Energy Trade

Gazprom voices concern over South Stream Serb section delay

Russian energy giant Gazprom is concerned over delays in the ratification of the South Stream gas pipeline agreement by Serbia,...

Energy

Energy Transition Puts Grid Investment, Regulatory Reform in Focus

Hungary’s next energy challenge is integrating its expanding renewable capacity into a reliable, flexible electricity system. E.ON’s Guntram Würzberg discusses...

Energy

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

Green Energy

MOL Opens HUF 2.7 bln Biomethane Unit in Szarvas

Hungarian oil and gas company MOL inaugurated a new HUF 2.7 billion biomethane unit at its biogas plant in Szarvas,...

Energy

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

The energy transition’s next phase is about delivering renewable electricity where and when it is needed. That requires greater grid...

Green Energy

Geothermal Energy: ‘Enormous’ Potential in Europe Still Awaiting Full Exploitation

Hungary boasts modest progress in exploiting geothermal energy at the Budapest summit, while experts highlight many conundrums hampering development across...

Energy Trade

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Green Energy

Futureal Expands in Finland With 3 GW Renewable‑energy Portfolio

Futureal Energy Partners has partnered with Finnish renewable-energy developer Aurinkokarhu Oy to advance a 3 GW portfolio of solar, battery...

Green Energy

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...

Energy Transition Puts Grid Investment, Regulatory Reform in Focus

Hungary’s next energy challenge is integrating its expanding renewable capacity into a reliable, flexible electricity system. E.ON’s Guntram Würzberg discusses...

Hungary Still EU’s Largest Buyer of Russian Pipeline Gas

Despite reducing its Russian pipeline gas purchases by 10%, Hungary remained the European Union's largest buyer in the first eight...

Large-scale Energy Storage Enters Center Stage

The role of storage in Hungary’s energy supply system was neglected for far too long. Now things are moving fast,...

MOL Opens HUF 2.7 bln Biomethane Unit in Szarvas

Hungarian oil and gas company MOL inaugurated a new HUF 2.7 billion biomethane unit at its biogas plant in Szarvas,...

EU Funding Upgrades the Electricity Grid, the Foundation of the Future Energy System

The energy transition’s next phase is about delivering renewable electricity where and when it is needed. That requires greater grid...

Geothermal Energy: ‘Enormous’ Potential in Europe Still Awaiting Full Exploitation

Hungary boasts modest progress in exploiting geothermal energy at the Budapest summit, while experts highlight many conundrums hampering development across...

E.ON Launches HUF 230 bln Grid Upgrade to Support Hungary’s Energy Transition

E.ON Hungária Group has launched a nearly HUF 230 bln electricity network development program that will create 2,323 MW of...

Naftogaz, MOL Sign MoU on Fuel Storage in Hungary for Ukraine

Ukraine’s Naftogaz has signed a memorandum of understanding with Hungary’s MOL to explore developing petroleum product storage facilities near the...

Hungary Can Secure Gas Supply Without Russian Imports, Kapitány Says

Hungary could secure its gas supply without Russian imports by October 2027 if current conditions hold, Economy and Energy Minister...

E.ON Installs Four Battery Storage Systems to Support Solar Power and Grid Stability

E.ON Hungária Group has installed four battery storage systems with a combined output of 4 MW and storage capacity of...

MVM Introduces Dynamic Electricity Tariff

From Sep. 1, households and microbusinesses under universal service can voluntarily switch to energy company MVM's new dynamic tariff, which...

Paks Output Tops 800 MW as Record Drought, Heatwave Ease

Output at Hungary's Paks nuclear power plant rose above 800 MW on Sunday as conditions began to improve following the...

Hungary Targets Tenfold Expansion in Wind Power Capacity by 2030

Hungary’s long-stagnant wind energy sector could be set for significant expansion under a government package aimed at increasing installed capacity...

Futureal Expands in Finland With 3 GW Renewable‑energy Portfolio

Futureal Energy Partners has partnered with Finnish renewable-energy developer Aurinkokarhu Oy to advance a 3 GW portfolio of solar, battery...

Battery Storage Fleet Delivers Up to 1,000 MW to Support Evening Power Demand

Hungary’s rapidly expanding battery storage fleet is becoming a critical tool for balancing the power grid, shifting cheap daytime electricity...