Energy

Energy Trade

Serbia’s EcoMin slams Russian grab for Serb oil monopoly

A Russian bid to gain control of Serbia’s NIS oil monopoly for €400 million ($588.4 million) is indecent and unacceptable...

Energy Trade

Serbia’s EcoMin slams Russian grab for Serb oil monopoly

A Russian bid to gain control of Serbia’s NIS oil monopoly for €400 million ($588.4 million) is indecent and unacceptable...

Energy Trade

Ernst & Young’s global oil and gas industry forecast 2008

Increasing global demand for energy and subsequent high prices have created a robust environment for oil and gas producers. At...

Energy Trade

Ernst & Young’s global oil and gas industry forecast 2008

Increasing global demand for energy and subsequent high prices have created a robust environment for oil and gas producers. At...

Energy Trade

Nabucco pipeline project impossible without Iran: minister

Oil Minister Gholamhossein Nozari here Wednesday assured that it would not be possible to put Nabucco gas pipeline into operation...

Energy Trade

Nabucco pipeline project impossible without Iran: minister

Oil Minister Gholamhossein Nozari here Wednesday assured that it would not be possible to put Nabucco gas pipeline into operation...

Energy Trade

Russia, Kazakhstan, Turkmenistan to build Caspian gas pipeline

A senior Russian official said on Thursday that a Caspian gas pipeline stretching from Turkmenistan to Russia will be completed...

Energy Trade

Russia, Kazakhstan, Turkmenistan to build Caspian gas pipeline

A senior Russian official said on Thursday that a Caspian gas pipeline stretching from Turkmenistan to Russia will be completed...

Green Energy

Gazprom ups stake in Moscow power utility to controlling interest

OAO Gazprom has increased its stake in Moscow's main power generator Mosenergo from 49.9% to 53.5%, the Russian energy giant...

Green Energy

Gazprom ups stake in Moscow power utility to controlling interest

OAO Gazprom has increased its stake in Moscow's main power generator Mosenergo from 49.9% to 53.5%, the Russian energy giant...

Energy Trade

Iran, Italy to sign gas export agreement

Iran and Italy would ink an initial agreement on gas export in the near future, Moj News Agency quoted the...

Energy Trade

Iran, Italy to sign gas export agreement

Iran and Italy would ink an initial agreement on gas export in the near future, Moj News Agency quoted the...

Energy Trade

Hungary’s MOL stays with Nabucco, but PM weighs South Stream also – analysis

Gazprom-controlled Kommersant claimed on December 13 that Hungary’s MOL energy company has invited Gazprom to join the New Europe Transmission...

Energy Trade

Hungary’s MOL stays with Nabucco, but PM weighs South Stream also – analysis

Gazprom-controlled Kommersant claimed on December 13 that Hungary’s MOL energy company has invited Gazprom to join the New Europe Transmission...

Energy Trade

Is the Nabucco natural gas pipeline a pipe dream?

The Nabucco natural gas pipeline saga has been running since the 1990s. Considered technically feasible back then, Nabucco (short for...

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...