Energy

Energy Trade

Average European gas price will be $300 in 2008 – Gazprom official

Gazprom forecasts that the average European natural gas price will be $300 per 1,000 cubic meters in 2008, a company...

Energy Trade

Average European gas price will be $300 in 2008 – Gazprom official

Gazprom forecasts that the average European natural gas price will be $300 per 1,000 cubic meters in 2008, a company...

Energy Trade

Russia, Bulgaria could sign South Stream gas deal in January

Russia and Bulgaria could sign an agreement on building a gas pipeline to run under the Black Sea directly from...

Energy Trade

Russia, Bulgaria could sign South Stream gas deal in January

Russia and Bulgaria could sign an agreement on building a gas pipeline to run under the Black Sea directly from...

Energy Trade

Giant oil field discovered in Brazil

A massive oil and gas deposit has been discovered in Brazil, and could make the Latin American country one of...

Energy Trade

Giant oil field discovered in Brazil

A massive oil and gas deposit has been discovered in Brazil, and could make the Latin American country one of...

Energy Trade

Dutch companies seek involvement in Yamal gas fields

Dutch companies are offering Russia their expertise to develop natural gas fields in the Yamal peninsula in northwest Siberia, Russian...

Energy Trade

Dutch companies seek involvement in Yamal gas fields

Dutch companies are offering Russia their expertise to develop natural gas fields in the Yamal peninsula in northwest Siberia, Russian...

Energy Trade

Gasunie and Gazprom agree on Nord Stream terms

Dutch gas infrastructure company N.V. Nederlandse Gasunie has agreed today with Russian Gazprom the principal terms and conditions for its...

Energy Trade

Gasunie and Gazprom agree on Nord Stream terms

Dutch gas infrastructure company N.V. Nederlandse Gasunie has agreed today with Russian Gazprom the principal terms and conditions for its...

Green Energy

E.ON UK supports government’s carbon capture and storage project

The company is one of a handful of UK companies to have developed both pre- and post-combustion projects, most notably...

Green Energy

E.ON UK supports government’s carbon capture and storage project

The company is one of a handful of UK companies to have developed both pre- and post-combustion projects, most notably...

Energy Trade

Gasunie to join Russia’s Nord Stream project

The visiting Dutch prime minister is expected to sign an agreement for Dutch company, Gasunie, to join a gas pipeline...

Energy Trade

Gasunie to join Russia’s Nord Stream project

The visiting Dutch prime minister is expected to sign an agreement for Dutch company, Gasunie, to join a gas pipeline...

Energy Trade

Europe’s strategic dependence on Russian energy – analysis

Moscow is pursuing a comprehensive strategy that could increase Europe’s political and economic dependence on Russian energy – analysis by...

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...