Energy Trade

Energy Trade

Gazprom eyes cooperation with Italy’s Eni in Libya

Gazprom is planning to launch operations in Libya with Italy’s oil and gas giant Eni, a senior official at the...

Energy Trade

Gazprom eyes cooperation with Italy’s Eni in Libya

Gazprom is planning to launch operations in Libya with Italy’s oil and gas giant Eni, a senior official at the...

Energy Trade

Uzbek and Turkmen price maneuvering on natural gas export to Russia

It turns out the “European price”, that Uzbekistan and Turkmenistan will receive from Gazprom for natural gas exports in 2009...

Energy Trade

Uzbek and Turkmen price maneuvering on natural gas export to Russia

It turns out the “European price”, that Uzbekistan and Turkmenistan will receive from Gazprom for natural gas exports in 2009...

Energy Trade

Austrian EconGas to auction gas again on June 25

Leading Austrian gas trader EconGas is to sell 250 million cubic meters (mcm) of gas for delivery from October onwards...

Energy Trade

Austrian EconGas to auction gas again on June 25

Leading Austrian gas trader EconGas is to sell 250 million cubic meters (mcm) of gas for delivery from October onwards...

Energy Trade

Gazprom chief says focused on upstream in Libya

Russian gas monopoly Gazprom’s priority in Libya is exploration and production but it also wants to develop opportunities in infrastructure...

Energy Trade

Gazprom chief says focused on upstream in Libya

Russian gas monopoly Gazprom’s priority in Libya is exploration and production but it also wants to develop opportunities in infrastructure...

Energy Trade

MOL could start production in Mako 2012-2014

Oil and gas company MOL could start gas production in Hungary’s Mako Trough as early as 2012-2014, Zoltán Áldott, who...

Energy Trade

MOL could start production in Mako 2012-2014

Oil and gas company MOL could start gas production in Hungary’s Mako Trough as early as 2012-2014, Zoltán Áldott, who...

Energy Trade

China to sign gas deal with Iran

China’s national offshore oil corporation (CNOOC) declared it is willing to finalize talks with Iran on North Pars gas field....

Energy Trade

China to sign gas deal with Iran

China’s national offshore oil corporation (CNOOC) declared it is willing to finalize talks with Iran on North Pars gas field....

Energy Trade

Greece agrees to join South Stream pipeline

Greece has agreed to join the Kremlin-backed South Stream gas pipeline project, further boosting energy ties with Russia, Greece’s Development...

Energy Trade

Greece agrees to join South Stream pipeline

Greece has agreed to join the Kremlin-backed South Stream gas pipeline project, further boosting energy ties with Russia, Greece’s Development...

Energy Trade

Russian gov’t hands major gas field in northeast to Gazprom

The Russian government has decided to give a major natural gas field in the country’s northeast to energy giant Gazprom...

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...