Energy Trade

Energy Trade

Italy’s Eni, Enel set to start gas production in Siberia in 2010

Italy’s oil and gas giant Eni and electricity company Enel plan to launch natural gas production at deposits in northwest...

Energy Trade

Italy’s Eni, Enel set to start gas production in Siberia in 2010

Italy’s oil and gas giant Eni and electricity company Enel plan to launch natural gas production at deposits in northwest...

Energy Trade

Mideast, N.Africa flaring gas worth $10 bln/year

Middle Eastern and North African countries are flaring natural gas worth as much as $10 billion every year, a World...

Energy Trade

Mideast, N.Africa flaring gas worth $10 bln/year

Middle Eastern and North African countries are flaring natural gas worth as much as $10 billion every year, a World...

Energy Trade

Gazprom says to halve gas supply to Ukraine

Gas giant Gazprom said it will halve gas supplies to Ukraine from Tuesday because a debt dispute between them has...

Energy Trade

Gazprom says to halve gas supply to Ukraine

Gas giant Gazprom said it will halve gas supplies to Ukraine from Tuesday because a debt dispute between them has...

Energy Trade

Free-market power offers win over more French homes

The number of French homes quitting state-set electricity and gas contracts rose sharply in the last quarter of 2007 compared...

Energy Trade

Free-market power offers win over more French homes

The number of French homes quitting state-set electricity and gas contracts rose sharply in the last quarter of 2007 compared...

Energy Trade

RWE Transgas to raise gas prices by 3.1% in April

The largest Czech gas distributor, RWE Transgas, will raise gas prices for households by an average 3.1% as of April,...

Energy Trade

RWE Transgas to raise gas prices by 3.1% in April

The largest Czech gas distributor, RWE Transgas, will raise gas prices for households by an average 3.1% as of April,...

Energy Trade

Ukraine’s PM says Russia will not cut gas supply

There will be no cutoff of Russian gas to Ukrainian consumers despite threats to reduce volumes over payment arrears and...

Energy Trade

Ukraine’s PM says Russia will not cut gas supply

There will be no cutoff of Russian gas to Ukrainian consumers despite threats to reduce volumes over payment arrears and...

Energy Trade

Hungary trims gas price hike ahead of referendum

Hungary's government has halved a proposed gas price increase in April ahead of a tough referendum on unpopular reform measures...

Energy Trade

Hungary trims gas price hike ahead of referendum

Hungary's government has halved a proposed gas price increase in April ahead of a tough referendum on unpopular reform measures...

Energy Trade

Hungary joins Russia’s South Stream gas pipeline

Hungary formally signed on Thursday a deal to join Russian gas export monopoly Gazprom's €10 billion South Stream gas pipeline....

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...