Energy

Energy Trade

Ukraine refuses to pay over $179.5 for 1,000 cu m of gas – extended

Kiev refuses to pay over $179.5 per 1,000 cubic meters for the Russian natural gas it has consumed in 2008,...

Energy Trade

Ukraine refuses to pay over $179.5 for 1,000 cu m of gas – extended

Kiev refuses to pay over $179.5 per 1,000 cubic meters for the Russian natural gas it has consumed in 2008,...

Energy Trade

LUKoil buys hydrocarbon assets in Uzbekistan

Russia’s major private crude producer LUKoil has closed a deal to buy $580 million worth of oil and gas assets...

Energy Trade

LUKoil buys hydrocarbon assets in Uzbekistan

Russia’s major private crude producer LUKoil has closed a deal to buy $580 million worth of oil and gas assets...

Energy Trade

EU backs Trans-Caspian pipelines

The European Union supports the construction of the Trans-Caspian oil and gas pipelines due to their technical and economic attractiveness,...

Energy Trade

EU backs Trans-Caspian pipelines

The European Union supports the construction of the Trans-Caspian oil and gas pipelines due to their technical and economic attractiveness,...

Energy Trade

E.ON says to raise contractual gas prices in April

Utility E.ON’s German wholesale gas arm is to raise prices as from April as a result of record high oil,...

Energy Trade

E.ON says to raise contractual gas prices in April

Utility E.ON’s German wholesale gas arm is to raise prices as from April as a result of record high oil,...

Energy Trade

Italy’s Eni, Enel set to start gas production in Siberia in 2010

Italy’s oil and gas giant Eni and electricity company Enel plan to launch natural gas production at deposits in northwest...

Energy Trade

Italy’s Eni, Enel set to start gas production in Siberia in 2010

Italy’s oil and gas giant Eni and electricity company Enel plan to launch natural gas production at deposits in northwest...

Energy Trade

Mideast, N.Africa flaring gas worth $10 bln/year

Middle Eastern and North African countries are flaring natural gas worth as much as $10 billion every year, a World...

Energy Trade

Mideast, N.Africa flaring gas worth $10 bln/year

Middle Eastern and North African countries are flaring natural gas worth as much as $10 billion every year, a World...

Green Energy

Turkey sees nuclear tender launched within 10 days

Turkey will launch a tender to build a nuclear power plant within 10 days, an Energy Ministry official told Reuters...

Green Energy

Turkey sees nuclear tender launched within 10 days

Turkey will launch a tender to build a nuclear power plant within 10 days, an Energy Ministry official told Reuters...

Energy Trade

Gazprom says to halve gas supply to Ukraine

Gas giant Gazprom said it will halve gas supplies to Ukraine from Tuesday because a debt dispute between them has...

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...