Energy Trade

Energy Trade

Heavy blow on Nabucco – analysis

South Stream likely to force other gas suppliers out of European market. Russian President Vladimir Putin’s visiting Sofia and signing...

Energy Trade

Heavy blow on Nabucco – analysis

South Stream likely to force other gas suppliers out of European market. Russian President Vladimir Putin’s visiting Sofia and signing...

Energy Trade

Need for Gas OPEC

As economic and political heavyweights met at the World Economic Forum in Davos last week, energy experts and media outlets...

Energy Trade

Need for Gas OPEC

As economic and political heavyweights met at the World Economic Forum in Davos last week, energy experts and media outlets...

Energy Trade

The Iranian-Turkmen gas row: and the winner is …… Russia

A natural gas-supply dispute between Turkmenistan and Iran has the potential to significantly alter the Caspian Basin’s energy export calculus...

Energy Trade

The Iranian-Turkmen gas row: and the winner is …… Russia

A natural gas-supply dispute between Turkmenistan and Iran has the potential to significantly alter the Caspian Basin’s energy export calculus...

Energy Trade

Iran resumes gas flow to Turkey

Iran resumed pumping natural gas to Turkey as of 4.00 p.m. on Sunday....

Energy Trade

Iran resumes gas flow to Turkey

Iran resumed pumping natural gas to Turkey as of 4.00 p.m. on Sunday....

Energy Trade

Ukraines’s debt talks with RosUkrEnergo fails – extended

Ukraine’s Naftogaz failed to reach an agreement during debt talks on gas supplies with Swiss trading company RosUkrEnergo, which is...

Energy Trade

Ukraines’s debt talks with RosUkrEnergo fails – extended

Ukraine’s Naftogaz failed to reach an agreement during debt talks on gas supplies with Swiss trading company RosUkrEnergo, which is...

Energy Trade

Consumers could be “billed” for Baltic pipeline

A leading expert on Europe’s gas industry has warned that the costs of the controversial Nord Stream pipeline project being...

Energy Trade

Consumers could be “billed” for Baltic pipeline

A leading expert on Europe’s gas industry has warned that the costs of the controversial Nord Stream pipeline project being...

Energy Trade

Argentina finds new oil field

A private company has discovered a new oil field in the southern Argentine province of Chubut that could more than...

Energy Trade

Argentina finds new oil field

A private company has discovered a new oil field in the southern Argentine province of Chubut that could more than...

Energy Trade

Gazprom strikes deal on European gas hub in Austria – extended

Russia’s state-run gas giant Gazprom and OMV, an Austrian oil and gas company, signed a cooperation agreement in Vienna to...

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...