Energy

Energy Trade

E.ON proposes Gazprom shares for gas stake-paper

German utility E.ON has proposed exchanging a $7 billion portion of its stake in Russian gas monopoly Gazprom for a...

Energy Trade

E.ON proposes Gazprom shares for gas stake-paper

German utility E.ON has proposed exchanging a $7 billion portion of its stake in Russian gas monopoly Gazprom for a...

Energy Trade

Italy’s Snamprogetti wins $676 mln Kuwait contract

State-owned Kuwait Oil Co said on Tuesday it signed a deal with Italy’s Snamprogetti SpA worth 179.4 million dinars ($676...

Energy Trade

Italy’s Snamprogetti wins $676 mln Kuwait contract

State-owned Kuwait Oil Co said on Tuesday it signed a deal with Italy’s Snamprogetti SpA worth 179.4 million dinars ($676...

Energy Trade

Shell to develop new pipelines to move gas from MEA to Europe

The National reported that Royal Dutch Shell is seeking a role in developing new pipelines to move gas from the...

Energy Trade

Shell to develop new pipelines to move gas from MEA to Europe

The National reported that Royal Dutch Shell is seeking a role in developing new pipelines to move gas from the...

Energy Trade

Gazprom eyes Korea, Japan partners for gas projects

Russian gas monopoly Gazprom will consider inviting South Korean and Japanese partners to process gas in the country’s far east...

Energy Trade

Gazprom eyes Korea, Japan partners for gas projects

Russian gas monopoly Gazprom will consider inviting South Korean and Japanese partners to process gas in the country’s far east...

Energy Trade

UK: Energy bosses face grilling by MPs

The bosses of the UK’s six biggest energy firms are facing a grilling from MPs amid growing public anger over...

Energy Trade

UK: Energy bosses face grilling by MPs

The bosses of the UK’s six biggest energy firms are facing a grilling from MPs amid growing public anger over...

Energy Trade

Interview: Nabucco chief eyes Iranian, Russian gas despite US objections

When finished, the Nabucco natural-gas pipeline will run from eastern Turkey to the heart of Europe, completely bypassing Russia. But...

Energy Trade

Interview: Nabucco chief eyes Iranian, Russian gas despite US objections

When finished, the Nabucco natural-gas pipeline will run from eastern Turkey to the heart of Europe, completely bypassing Russia. But...

Green Energy

Electrabel, RWE bid for stake in Bulgaria nuke plant

Germany’s RWE AG and Belgian energy company Electrabel, owned by France’s Suez, filed binding bids on Monday for a 49%...

Green Energy

Electrabel, RWE bid for stake in Bulgaria nuke plant

Germany’s RWE AG and Belgian energy company Electrabel, owned by France’s Suez, filed binding bids on Monday for a 49%...

Energy Trade

India to hold gas pipe talks with Iran, Pak in July

Officials from India, Pakistan and Iran will meet next month in Tehran to take forward a $7.6 billion project to...

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...