Energy

Energy Trade

Germany’s RWE intends to join Nabucco gas pipeline project.

The shareholders of the international consortium have approved RWE’s accession efforts while the come-from-behind partner may be chosen in late...

Green Energy

Bulgarian power plant sold to Slovenian company

Slovenian power company Holding Slovenske Electrarne (HSE) bought an energy plant in the north-eastern Bulgarian city of Rousse from the...

Energy Trade

Total to Join Shtokman with vast authority

Procedures for Total entry into the Shtokman project of Russia have been recently disclosed. The French company will share all...

Energy Trade

Lithuania hopes on concessions during negotiations with Gazprom

Lithuania hopes to receive concessions as it begins gas price negotiations with Russian energy monopoly Gazprom, the Baltic country’s only...

Energy Trade

Gaz de France to develop large gas storage facility in England

Gaz de France has signed an agreement with INEOS Enterprises for the commercial development of a proposed salt cavern storage...

Energy Trade

Wintershall, Gazprom postpone prod start of Achimgaz JV

Wintershall AG and Russian natural gas monopoly OAO Gazprom have postponed the production start of their Achimgaz joint-venture by several...

Energy Trade

Russia’s Stroytransgaz completes gas pipeline in Greece

Russian pipeline-building company Stroytransgaz said Monday it had finished constructing a short natural gas pipe section in Greece, which extends...

Green Energy

Powering up on coal

Bulgaria’s coal power sector is undergoing renewal and expansion, filling a gap left by the closure of two nuclear reactors....

Green Energy

E.ON to launch Hungarian Gönyű project

German energy company E.ON will soon start the construction of its first major power plant in Gönyű (North West Hungary),...

Energy Trade

LUKoil completes construction of gas pipe section in Uzbekistan

LUKoil Overseas, the international projects operator of Russia’s largest independent crude producer LUKoil said Friday it has completed the construction...

Energy Trade

European gas storage: investment is politically sensitive

Gas storage capacity in the UK and Belgium is well below the European and North American average....

Energy Trade

Poland bent North the gas pipeline of Russia

Swiss Nord Stream AG that is the project operator for North European Gas Pipeline has announced the political adjustments in...

Energy Trade

Independent producers will pay Gazprom more

Gazprom is proposing a 20-40% price increase for independent natural gas producers transporting gas on trunk pipelines. A 20% price...

Energy Trade

More problems for Russo-German gas pipeline project

Gazprom’s corporate report for the Q2 of 2007, released on August 14, officially puts the cost of building the Russo-German...

Energy Trade

Shell and ExxonMobil reportedly planning to sell German gas network

Global oil behemoths Royal Dutch Shell and ExxonMobil are thought to be planning the sale of BEB, the German natural...

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...