Energy Trade

Energy Trade

Orlen Enters Hungarian market

Polish energy group Orlwn on Thursday announced its entry onto the Hungarian market with the takeover of 143 gas stations,...

Energy Trade

MOL Weighs Alternatives at Oil Field in SE Hungary

Hungarian oil and gas company MOL plans to drill new wells at the Algyo field in the southeast of the...

Energy Trade

MOL Budgets HUF 40 bln for Domestic Exploration in 2023

Oil and gas company MOL plans to spend HUF 40 billion on exploration in Hungary next year, the upstream head...

Energy Trade

Fossil Fuels Still Dominate Energy Mix

Last year, 67.9% of primary domestic energy consumption was provided by primary fossil energy carriers, according to a report by...

Energy Trade

Hungary Gas Stores Reach 5.44 bln Cubic Meters

Gas volume in storage facilities in Hungary has reached 5.44 billion cubic meters, over 54% of annual consumption, the Hungarian...

Energy Trade

MOL Makes Oil Discovery on Outskirts of Budapest

Hungarian oil and gas company MOL on Monday announced the discovery of a "significant amount" of crude oil on the...

Energy Trade

MOL to Stop Fuel Deliveries to Small Gas Stations

Hungarian oil and gas company MOL will not deliver gasoline and diesel next week to small refueling stations with which...

Energy Trade

Crude Deliveries Through Druzhba Restart

Deliveries of Russian crude in the direction of Hungary through the Druzhba pipeline have restarted, albeit at low pressure, Minister...

Energy Trade

Gas Reserves Increase in September

According to the latest official data, the amount of safety and special natural gas reserves totaled more than 17.71 million...

Energy Trade

Grid Balancing Tax to Cost Alteo HUF 2 bln in 2022 

Listed alternative energy company Alteo on Thursday said a new windfall profit tax on companies that provide grid balancing services...

Energy Trade

MOL Completes Divestment of U.K. Upstream Assets

Hungarian oil and gas company MOL on Thursday said it successfully closed the sale of all of its upstream assets...

Energy Trade

Romania to Supply 90% of Moldova’s Electricity Needs

Romania is set to supply Moldova with 90% of its electricity needs after the Russia-backed separatist region of Transnistria cut...

Energy Trade

Poland’s PKN Orlen to Build Hydrogen Refueling Stations 

Polish fuel giant PKN Orlen said it will build three hydrogen refueling stations in Wałbrzych, Poznań and Katowice....

Energy Trade

Nagy Advocates for Public Intervention in Corporate Sector to Solve Energy Crisis

Minister for Economic Development Márton Nagy argued that addressing the current energy crisis requires public intervention in the corporate sector...

Energy Trade

How Can Companies Consolidate Turbulent Energy Costs for 2022 and Beyond

These are undoubtedly challenging times for businesses in Hungary and across the whole European continent....

Energy Trade

Orlen Enters Hungarian market

Polish energy group Orlwn on Thursday announced its entry onto the Hungarian market with the takeover of 143 gas stations,...

Energy Trade

MOL Weighs Alternatives at Oil Field in SE Hungary

Hungarian oil and gas company MOL plans to drill new wells at the Algyo field in the southeast of the...

Energy Trade

MOL Budgets HUF 40 bln for Domestic Exploration in 2023

Oil and gas company MOL plans to spend HUF 40 billion on exploration in Hungary next year, the upstream head...

Energy Trade

Fossil Fuels Still Dominate Energy Mix

Last year, 67.9% of primary domestic energy consumption was provided by primary fossil energy carriers, according to a report by...

Energy Trade

Hungary Gas Stores Reach 5.44 bln Cubic Meters

Gas volume in storage facilities in Hungary has reached 5.44 billion cubic meters, over 54% of annual consumption, the Hungarian...

Energy Trade

MOL Makes Oil Discovery on Outskirts of Budapest

Hungarian oil and gas company MOL on Monday announced the discovery of a "significant amount" of crude oil on the...

Energy Trade

MOL to Stop Fuel Deliveries to Small Gas Stations

Hungarian oil and gas company MOL will not deliver gasoline and diesel next week to small refueling stations with which...

Energy Trade

Crude Deliveries Through Druzhba Restart

Deliveries of Russian crude in the direction of Hungary through the Druzhba pipeline have restarted, albeit at low pressure, Minister...

Energy Trade

Gas Reserves Increase in September

According to the latest official data, the amount of safety and special natural gas reserves totaled more than 17.71 million...

Energy Trade

Grid Balancing Tax to Cost Alteo HUF 2 bln in 2022 

Listed alternative energy company Alteo on Thursday said a new windfall profit tax on companies that provide grid balancing services...

Energy Trade

MOL Completes Divestment of U.K. Upstream Assets

Hungarian oil and gas company MOL on Thursday said it successfully closed the sale of all of its upstream assets...

Energy Trade

Romania to Supply 90% of Moldova’s Electricity Needs

Romania is set to supply Moldova with 90% of its electricity needs after the Russia-backed separatist region of Transnistria cut...

Energy Trade

Poland’s PKN Orlen to Build Hydrogen Refueling Stations 

Polish fuel giant PKN Orlen said it will build three hydrogen refueling stations in Wałbrzych, Poznań and Katowice....

Energy Trade

Nagy Advocates for Public Intervention in Corporate Sector to Solve Energy Crisis

Minister for Economic Development Márton Nagy argued that addressing the current energy crisis requires public intervention in the corporate sector...

Energy Trade

How Can Companies Consolidate Turbulent Energy Costs for 2022 and Beyond

These are undoubtedly challenging times for businesses in Hungary and across the whole European continent....

Orlen Enters Hungarian market

Polish energy group Orlwn on Thursday announced its entry onto the Hungarian market with the takeover of 143 gas stations,...

MOL Weighs Alternatives at Oil Field in SE Hungary

Hungarian oil and gas company MOL plans to drill new wells at the Algyo field in the southeast of the...

MOL Budgets HUF 40 bln for Domestic Exploration in 2023

Oil and gas company MOL plans to spend HUF 40 billion on exploration in Hungary next year, the upstream head...

Fossil Fuels Still Dominate Energy Mix

Last year, 67.9% of primary domestic energy consumption was provided by primary fossil energy carriers, according to a report by...

Hungary Gas Stores Reach 5.44 bln Cubic Meters

Gas volume in storage facilities in Hungary has reached 5.44 billion cubic meters, over 54% of annual consumption, the Hungarian...

MOL Makes Oil Discovery on Outskirts of Budapest

Hungarian oil and gas company MOL on Monday announced the discovery of a "significant amount" of crude oil on the...

MOL to Stop Fuel Deliveries to Small Gas Stations

Hungarian oil and gas company MOL will not deliver gasoline and diesel next week to small refueling stations with which...

Crude Deliveries Through Druzhba Restart

Deliveries of Russian crude in the direction of Hungary through the Druzhba pipeline have restarted, albeit at low pressure, Minister...

Gas Reserves Increase in September

According to the latest official data, the amount of safety and special natural gas reserves totaled more than 17.71 million...

Grid Balancing Tax to Cost Alteo HUF 2 bln in 2022 

Listed alternative energy company Alteo on Thursday said a new windfall profit tax on companies that provide grid balancing services...

MOL Completes Divestment of U.K. Upstream Assets

Hungarian oil and gas company MOL on Thursday said it successfully closed the sale of all of its upstream assets...

Romania to Supply 90% of Moldova’s Electricity Needs

Romania is set to supply Moldova with 90% of its electricity needs after the Russia-backed separatist region of Transnistria cut...

Poland’s PKN Orlen to Build Hydrogen Refueling Stations 

Polish fuel giant PKN Orlen said it will build three hydrogen refueling stations in Wałbrzych, Poznań and Katowice....

Nagy Advocates for Public Intervention in Corporate Sector to Solve Energy Crisis

Minister for Economic Development Márton Nagy argued that addressing the current energy crisis requires public intervention in the corporate sector...

How Can Companies Consolidate Turbulent Energy Costs for 2022 and Beyond

These are undoubtedly challenging times for businesses in Hungary and across the whole European continent....