Energy

Energy Trade

Iran resumes gas flow to Turkey

Iran resumed pumping natural gas to Turkey as of 4.00 p.m. on Sunday....

Energy Trade

Iran resumes gas flow to Turkey

Iran resumed pumping natural gas to Turkey as of 4.00 p.m. on Sunday....

Energy Trade

Ukraines’s debt talks with RosUkrEnergo fails – extended

Ukraine’s Naftogaz failed to reach an agreement during debt talks on gas supplies with Swiss trading company RosUkrEnergo, which is...

Energy Trade

Ukraines’s debt talks with RosUkrEnergo fails – extended

Ukraine’s Naftogaz failed to reach an agreement during debt talks on gas supplies with Swiss trading company RosUkrEnergo, which is...

Energy Trade

Consumers could be “billed” for Baltic pipeline

A leading expert on Europe’s gas industry has warned that the costs of the controversial Nord Stream pipeline project being...

Energy Trade

Consumers could be “billed” for Baltic pipeline

A leading expert on Europe’s gas industry has warned that the costs of the controversial Nord Stream pipeline project being...

Energy Trade

Argentina finds new oil field

A private company has discovered a new oil field in the southern Argentine province of Chubut that could more than...

Energy Trade

Argentina finds new oil field

A private company has discovered a new oil field in the southern Argentine province of Chubut that could more than...

Energy Trade

Gazprom strikes deal on European gas hub in Austria – extended

Russia’s state-run gas giant Gazprom and OMV, an Austrian oil and gas company, signed a cooperation agreement in Vienna to...

Energy Trade

Gazprom strikes deal on European gas hub in Austria – extended

Russia’s state-run gas giant Gazprom and OMV, an Austrian oil and gas company, signed a cooperation agreement in Vienna to...

Energy Trade

“Gas OPEC” could be established in June

Russia and other major natural gas exporters could announce a cartel similar to OPEC in Moscow in June, a Russian...

Energy Trade

“Gas OPEC” could be established in June

Russia and other major natural gas exporters could announce a cartel similar to OPEC in Moscow in June, a Russian...

Energy Trade

Iran says it could provide gas Nabucco

Iran could contribute natural gas to the planned Nabucco pipeline to pump Caspian gas to Europe via Turkey, bypassing Russia,...

Energy Trade

Iran says it could provide gas Nabucco

Iran could contribute natural gas to the planned Nabucco pipeline to pump Caspian gas to Europe via Turkey, bypassing Russia,...

Energy Trade

Serbian gov’t to adopt energy deal with Russia – extended

The cabinet will meet in Belgrade today to adopt an agreement on energy cooperation with Russia. Latest news: Serbia agrees...

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...