Energy

Energy Trade

Azerbaijan, US to sign agreement on Trans-Caspian Gas Pipeline

Azerbaijan and the US are going to sign a grant agreement in Baku today with regards to the development of...

Energy Trade

Azerbaijan and Russia: Fight for gas market of Europe – analysis

Over the period of past 15 years, Azerbaijan managed not only to magnetize great investments but also to establish enough...

Energy Trade

Gazprom’s H1 unconsolidated earnings up 4.5%

Russian oil company Gazprom’s said Tuesday its unconsolidated earnings calculated to Russian Accounting Standards increased 4.5% year-on-year to 865 billion...

Green Energy

Bulgaria to start new sell-off tender for Bobov Dol power plant

Bulgaria to launch a new tender for the privatization of Bobov Dol power plant next month, business news website Investor.bg...

Energy Trade

Competition office looks into growing liquefied gas prices

Russia’s competition office has launched a probe into soaring prices on liquefied gas, a market largely controlled by Gazprom and...

Energy Trade

Belarus clears gas debt to Russia

Belarus has paid off its debt for gas to Russian gas giant Gazprom, Russian news agencies reported Wednesday....

Energy Trade

Russia hardens EU resolve to seek new energy supply – analysis

Renewed tension between Russia and Belarus has yet to disrupt energy flows, but still it has sharpened Western Europe’s desire...

Energy Trade

No way around gas, for now

With reliable alternatives remaining a relatively distant dream, Hungary, one of the most gas-dependent countries in Europe, will have to...

Energy Trade

Russia may start liberalizing associated gas market in late 2007

A plan for liberalizing the Russian market of associated petroleum gas could be adopted in the Q4 of 2007, the...

Green Energy

Romania nuclear-power unit connected to national energy system

Unit 2 of Romania’s only Nuclear Power Plant was connected to the national energy system on Tuesday evening, as part...

Green Energy

Czech power giant CEZ on track to build power plant near Moscow

The Russian government picked the Czech state-controlled power giant CEZ to construct a steam-gas power plant north of Moscow, the...

Energy Trade

Belarus to pay gas bill to Russia in full by Friday

Belarus will pay its remaining debt for Russian natural gas deliveries in full by Friday, a spokesman for the country’s...

Energy Trade

Ukraine may raise Russian gas transit rates – says security official

Ukraine may push for higher transit rates for Russian natural gas supplies to Europe, a deputy secretary of the Ukrainian...

Energy Trade

Putin calls for clear foreign investment rules in energy sector

Russia’s president called Monday for improvements to rules for foreign investment in the country’s oil and gas sector, to ensure...

Energy Trade

Pipe blast in Bulgaria cuts Russian gas supplies to Greece -2

Russian gas supplies to Greece have been brought to a halt following a blast on a section of gas pipeline...

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...