Energy Trade

Energy Trade

Hungary unaffected by Gazprom dispute

The most recent gas debate between Russia and Ukraine does not jeopardize the security of supplies to Hungary – the...

Energy Trade

Gazprom warns Ukraine of closing gas supplies

Russia’s gas giant Gazprom has warned Ukraine that it will suspend gas supplies, if Kiev fails to settle all overdue...

Energy Trade

Gazprom warns Ukraine of closing gas supplies

Russia’s gas giant Gazprom has warned Ukraine that it will suspend gas supplies, if Kiev fails to settle all overdue...

Energy Trade

China’s natural gas output up 23.1%

China's production of natural gas rose 23.1% last year, faster than in 2006, to 69.31 billion cubic meters as the...

Energy Trade

China’s natural gas output up 23.1%

China's production of natural gas rose 23.1% last year, faster than in 2006, to 69.31 billion cubic meters as the...

Energy Trade

Tymoshenko seeks to end gas mediation

Prime Minister of Ukraine Yulia Tymoshenko concentrated significant attention on gas supply to Ukraine and its transit to the EU...

Energy Trade

Tymoshenko seeks to end gas mediation

Prime Minister of Ukraine Yulia Tymoshenko concentrated significant attention on gas supply to Ukraine and its transit to the EU...

Energy Trade

Turkmenistan denies knowledge of building gas pipeline to Europe – extended

Ukrainian Prime Minister Yulia Timoshenko presented a proposal for a new White Stream gas pipeline, to be an alternative to...

Energy Trade

Turkmenistan denies knowledge of building gas pipeline to Europe – extended

Ukrainian Prime Minister Yulia Timoshenko presented a proposal for a new White Stream gas pipeline, to be an alternative to...

Energy Trade

Ukraine’s PM to visit Russia for gas talks on Feb. 21-22

Ukraine’s outspoken pro-Western prime minister said on Wednesday she will visit Moscow on February 21-22 to discuss Russian natural gas...

Energy Trade

Ukraine’s PM to visit Russia for gas talks on Feb. 21-22

Ukraine’s outspoken pro-Western prime minister said on Wednesday she will visit Moscow on February 21-22 to discuss Russian natural gas...

Energy Trade

Gazprom opens pipeline access for Rospan gas fields

Anglo-Russian TNK-BP has at last procured access to the Gazprom-controlled pipeline system for the joint venture’s West Siberian gas fields,...

Energy Trade

Gazprom opens pipeline access for Rospan gas fields

Anglo-Russian TNK-BP has at last procured access to the Gazprom-controlled pipeline system for the joint venture’s West Siberian gas fields,...

Energy Trade

Dana Gas to invest $500 mln in Egypt and Kurdistan

DANA Gas Company said that it would invest $500 million approximately in Egypt and Kurdistan region, North of Iraq, this...

Energy Trade

Dana Gas to invest $500 mln in Egypt and Kurdistan

DANA Gas Company said that it would invest $500 million approximately in Egypt and Kurdistan region, North of Iraq, this...

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...