Energy

Energy Trade

OMV pursues bid for MOL in fight against Gazprom

Wolfgang Ruttenstorfer spreads out a large map of Europe between us and, like a general planning a military campaign, his...

Green Energy

Eskom grants South African mines additional power

Eskom has allowed Gold Fields South Africa (Ltd) to use an additional 26 megawatts of electricity at its Kloof and...

Green Energy

Eskom grants South African mines additional power

Eskom has allowed Gold Fields South Africa (Ltd) to use an additional 26 megawatts of electricity at its Kloof and...

Green Energy

Salt could shake up world energy supply

Only up to powering light bulbs so far, “salt power” is a tantalizing if distant prospect as high oil prices...

Green Energy

Salt could shake up world energy supply

Only up to powering light bulbs so far, “salt power” is a tantalizing if distant prospect as high oil prices...

Energy Trade

Swiss company signs major deal with Iranian gas producer

Swiss energy trading company EGL has signed a multibillion dollar contract to buy natural gas from Iran's national gas producer...

Energy Trade

Swiss company signs major deal with Iranian gas producer

Swiss energy trading company EGL has signed a multibillion dollar contract to buy natural gas from Iran's national gas producer...

Energy Trade

MOL agrees to examine regional national gas networks

Hungarian oil and gas company MOL agreed with regional partners on drawing up a feasibility study for a plan to...

Energy Trade

MOL agrees to examine regional national gas networks

Hungarian oil and gas company MOL agreed with regional partners on drawing up a feasibility study for a plan to...

Energy Trade

Interview: EU to stay dependent on Russian gas transit states

The European Union will continue to depend on ex-Soviet transit states for the delivery of Russian gas even after the...

Energy Trade

Interview: EU to stay dependent on Russian gas transit states

The European Union will continue to depend on ex-Soviet transit states for the delivery of Russian gas even after the...

Energy Trade

Average gas price for Europe could rise to $400 in 2008 – Gazprom

Gazprom’s CEO said on Friday that the average price for natural gas for Europe in 2008 could reach $400 per...

Energy Trade

Average gas price for Europe could rise to $400 in 2008 – Gazprom

Gazprom’s CEO said on Friday that the average price for natural gas for Europe in 2008 could reach $400 per...

Energy Trade

Pakistan to auction oil and gas fields

Amidst stagnant production and rising demand of energy, Pakistan has decided to auction fields for oil and gas exploration under...

Energy Trade

Pakistan to auction oil and gas fields

Amidst stagnant production and rising demand of energy, Pakistan has decided to auction fields for oil and gas exploration under...

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...