Energy Trade

Energy Trade

Russia, Bulgaria could sign South Stream gas deal in January

Russia and Bulgaria could sign an agreement on building a gas pipeline to run under the Black Sea directly from...

Energy Trade

Giant oil field discovered in Brazil

A massive oil and gas deposit has been discovered in Brazil, and could make the Latin American country one of...

Energy Trade

Giant oil field discovered in Brazil

A massive oil and gas deposit has been discovered in Brazil, and could make the Latin American country one of...

Energy Trade

Dutch companies seek involvement in Yamal gas fields

Dutch companies are offering Russia their expertise to develop natural gas fields in the Yamal peninsula in northwest Siberia, Russian...

Energy Trade

Dutch companies seek involvement in Yamal gas fields

Dutch companies are offering Russia their expertise to develop natural gas fields in the Yamal peninsula in northwest Siberia, Russian...

Energy Trade

Gasunie and Gazprom agree on Nord Stream terms

Dutch gas infrastructure company N.V. Nederlandse Gasunie has agreed today with Russian Gazprom the principal terms and conditions for its...

Energy Trade

Gasunie and Gazprom agree on Nord Stream terms

Dutch gas infrastructure company N.V. Nederlandse Gasunie has agreed today with Russian Gazprom the principal terms and conditions for its...

Energy Trade

Gasunie to join Russia’s Nord Stream project

The visiting Dutch prime minister is expected to sign an agreement for Dutch company, Gasunie, to join a gas pipeline...

Energy Trade

Gasunie to join Russia’s Nord Stream project

The visiting Dutch prime minister is expected to sign an agreement for Dutch company, Gasunie, to join a gas pipeline...

Energy Trade

Europe’s strategic dependence on Russian energy – analysis

Moscow is pursuing a comprehensive strategy that could increase Europe’s political and economic dependence on Russian energy – analysis by...

Energy Trade

Europe’s strategic dependence on Russian energy – analysis

Moscow is pursuing a comprehensive strategy that could increase Europe’s political and economic dependence on Russian energy – analysis by...

Energy Trade

Nord Stream AG to consider Swedish route change proposal – extended

Nord Stream AG, the operator of a project to build a gas pipeline from Russia to Germany via the Baltic...

Energy Trade

Nord Stream AG to consider Swedish route change proposal – extended

Nord Stream AG, the operator of a project to build a gas pipeline from Russia to Germany via the Baltic...

Energy Trade

Gazprom marketing strategy for foreign markets

The Gazprom strategic goal is to occupy leading position among the global energy companies due to execution of the carefully...

Energy Trade

Gazprom marketing strategy for foreign markets

The Gazprom strategic goal is to occupy leading position among the global energy companies due to execution of the carefully...

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...