Energy Trade

Energy Trade

Bulgaria mulls widely using natural gas for generating electricity

Bulgarian Economy and Energy Minister Peter Dimitrov said Tuesday that natural gas is a better option for electricity generation, local...

Energy Trade

Bulgaria mulls widely using natural gas for generating electricity

Bulgarian Economy and Energy Minister Peter Dimitrov said Tuesday that natural gas is a better option for electricity generation, local...

Energy Trade

E.ON Ruhrgas to invest €2 bln in gas storage

A new gas storage unit being set up by Germany’s E.ON group this year plans to invest around €2 billion...

Energy Trade

E.ON Ruhrgas to invest €2 bln in gas storage

A new gas storage unit being set up by Germany’s E.ON group this year plans to invest around €2 billion...

Energy Trade

E.ON to lift LNG capex to €6 bln, eyes Africa

Germany’s E.ON AG may double its upstream investment programme to €6 billion ($9.45 billion) as the world’s biggest utility expands...

Energy Trade

E.ON to lift LNG capex to €6 bln, eyes Africa

Germany’s E.ON AG may double its upstream investment programme to €6 billion ($9.45 billion) as the world’s biggest utility expands...

Energy Trade

EU signs energy investment MoU with Turkmenistan

The European Union and Turkmenistan signed a deal on Monday to encourage increased EU investment in Turkmen oil, gas and...

Energy Trade

EU signs energy investment MoU with Turkmenistan

The European Union and Turkmenistan signed a deal on Monday to encourage increased EU investment in Turkmen oil, gas and...

Energy Trade

E.ON planning German gas price hikes due oil – report

German gas consumers may face price increases of up to 25% in the wake of adjustments to be made by...

Energy Trade

E.ON planning German gas price hikes due oil – report

German gas consumers may face price increases of up to 25% in the wake of adjustments to be made by...

Energy Trade

Algiers plans $10 bln extension to midstream pipeline network

Algeria is planning a major midstream pipeline investment program, that will increase its total pipeline network length by more than...

Energy Trade

Algiers plans $10 bln extension to midstream pipeline network

Algeria is planning a major midstream pipeline investment program, that will increase its total pipeline network length by more than...

Energy Trade

Nord Stream project facing more uncertainties and delays

Nord Stream, the Russo-German gas pipeline project on the Baltic seabed, seems to be receding into the distance – analysis...

Energy Trade

Nord Stream project facing more uncertainties and delays

Nord Stream, the Russo-German gas pipeline project on the Baltic seabed, seems to be receding into the distance – analysis...

Energy Trade

EU’s Kroes to settle gas cartel cases soon – paper

European Union Competition Commissioner Neelie Kroes wants to settle two cartel cases affecting the European natural gas market in the...

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...

Energy Trade

Hungary’s Energy Import Dependence Rises

Hungary increased its domestic energy production by 2.2% in 2025, reaching 486,246 TJ, while national energy consumption grew 1.1%, yet...

Energy Trade

Deadline for MOL Talks on NIS Acquisition Extended Again

MOL has announced an extension by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury...

Energy Trade

MOL Arbitration Claim Against Croatia Over INA Gas Business Dismissed

A commercial arbitration tribunal has dismissed Hungarian oil and gas company MOL’s claim against the state of Croatia, Croatia’s State...

Energy Trade

Analysts: Russian Gas Prices Don’t Determine Hungary’s Utility Price Cuts

An investigation by news outlet G7 concludes that even with discounted import prices, the price gap between Russian and non‑Russian...

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...

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...

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...

Heatwave Drives Surge in Hungary Searches for Cooling, Solar and Backup Power

Hungary’s summer heatwave is reshaping consumer searches, with interest in portable air conditioners nearly quadrupling and searches for solar products...

Hungary’s Energy Import Dependence Rises

Hungary increased its domestic energy production by 2.2% in 2025, reaching 486,246 TJ, while national energy consumption grew 1.1%, yet...

MOL, Serbia Sign Shareholders’ Agreement on Governance of NIS

Hungarian oil and gas company MOL on Tuesday said it signed a shareholders' agreement with the government of Serbia on...

Deadline for MOL Talks on NIS Acquisition Extended Again

MOL has announced an extension by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury...

MOL Arbitration Claim Against Croatia Over INA Gas Business Dismissed

A commercial arbitration tribunal has dismissed Hungarian oil and gas company MOL’s claim against the state of Croatia, Croatia’s State...

U.S. Grants MOL 2-Week Extension to Close NIS Deal

The U.S. Treasury's Office of Foreign Assets Control has given MOL an extra 2 weeks to conclude negotiations with Gazpromneft...

Independent Gas Stations Flag Diesel Shortage; MOL Says Supply Secure

Independent gas stations in Hungary warned that "serious motor fuel supply problems" could arise in the coming 2-3 weeks, or...

Analysts: Russian Gas Prices Don’t Determine Hungary’s Utility Price Cuts

An investigation by news outlet G7 concludes that even with discounted import prices, the price gap between Russian and non‑Russian...

Repairs on Druzhba Completed; Crude Deliveries Set to Resume

Repair work on the Druzhba pipeline, Hungary's main source of delivery for Russian crude, has been completed, MOL said in...

Independent Gas Stations Warn of Supply Disruptions

The Independent Gas Stations Association (FBSZ) warned of possibly motor fuel supply disruptions in a statement sent to Hungarian state...