Energy

Energy Trade

Russian firm to invest $30 bln on gas project in Nigeria

Russian gas company, Gazprom, has concluded plans to invest $30 billion on developing a new gas transport pipeline project in...

Energy Trade

Petrom seeks transport routes

Romanian oil and gas company Petrom would like to start exporting gas through a pipeline under construction to run between...

Energy Trade

Petrom seeks transport routes

Romanian oil and gas company Petrom would like to start exporting gas through a pipeline under construction to run between...

Energy Trade

Russia’s Gazprom predicts $250 oil by 2009

Russia's Gazprom, the supplier of a quarter of Europe's natural gas, expects the price of crude oil to almost double...

Energy Trade

Russia’s Gazprom predicts $250 oil by 2009

Russia's Gazprom, the supplier of a quarter of Europe's natural gas, expects the price of crude oil to almost double...

Energy Trade

US still opposes Iranian and Russian gas in Nabucco project

US Special Envoy for Eurasian Energy at the Mission of the United States to the European Union C. Boyden Gray...

Energy Trade

US still opposes Iranian and Russian gas in Nabucco project

US Special Envoy for Eurasian Energy at the Mission of the United States to the European Union C. Boyden Gray...

Energy Trade

Russia to double Ukraine gas price

Russia will almost double the price it charges Ukraine for natural gas supplies from January 1, 2009, Russian Foreign Minister...

Energy Trade

Russia to double Ukraine gas price

Russia will almost double the price it charges Ukraine for natural gas supplies from January 1, 2009, Russian Foreign Minister...

Green Energy

East Europe must hike power prices to avoid trouble – analysis

East Europeans will likely face bigger rises in power bills than their richer Western neighbors, and for once the high...

Green Energy

East Europe must hike power prices to avoid trouble – analysis

East Europeans will likely face bigger rises in power bills than their richer Western neighbors, and for once the high...

Energy Trade

Nord Stream gas project serves Europe’s energy interests – Medvedev

The Nord Stream pipeline being built under the Baltic Sea to pump natural gas directly from Russia to Germany serves...

Energy Trade

Nord Stream gas project serves Europe’s energy interests – Medvedev

The Nord Stream pipeline being built under the Baltic Sea to pump natural gas directly from Russia to Germany serves...

Energy Trade

Bulgaria, Azerbaijan seeking cooperation on gas supplies

Bulgaria’s Economy and Energy Minister Peter Dimitrov signed a letter of intent Wednesday with his Azerbaijani counterpart Natik Aliev over...

Energy Trade

Bulgaria, Azerbaijan seeking cooperation on gas supplies

Bulgaria’s Economy and Energy Minister Peter Dimitrov signed a letter of intent Wednesday with his Azerbaijani counterpart Natik Aliev over...

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...