Energy Trade

Energy Trade

Ukraine May Halt Russian Oil Transit via Druzhba Pipeline Next January

Ukraine will stop the transit of Russian oil through the Druzhba pipeline across its territory beginning January 2025, according to...

Energy Trade

Hungary Crude Supply Secured With ‘Temporary Solutions’

Hungary's deliveries of crude have been secured with "temporary solutions" after Ukraine modified regulations to prohibit transit deliveries from Russia's...

Energy Trade

Gas Consumption Falls to 4.37 bln Cubic Meters in H1

Gas consumption in Hungary reached 4.37 bln cubic meters in the first half, down 6.5% from the same period a...

Energy Trade

Fuel Prices Under Average of Neighboring Countries

Prices at the pump in Hungary were under the average in neighboring countries during the week, according to data compiled...

Energy Trade

Community Project Promoting Solar Energy Starts in Budapest

A project supporting the spread of community utilization of solar energy will be launched in Budapest with European Union support,...

Trade, Economy, Energy Trade

UAE Economy Minister Discusses Opportunities in Budapest

The Minister of Economy for the United Arab Emirates, Abdulla Bin Touq Al Marri, spoke about investment opportunities in the...

Energy Trade

Gasoline Prices Level with Average in Neighboring Countries

Gasoline prices in Hungary were level with the average in neighboring countries during the week, but diesel prices were higher,...

Energy Trade

Trans Austria Gas Pipeline Could Add to Hungary’s Energy Security

The Trans Austrian Gas Pipeline could contribute to strengthening the security of Hungary's energy supply, Minister of Foreign Affairs and...

Energy Trade

Russian Attacks on Ukraine Raising Price of Hungarian Electricity

Much electricity from Hungary is being exported to Ukraine, whose energy system is lying in ruins due to Russian attacks....

Energy Trade

MOL Launches Arbitration Against Croatian Gov’t

Hungarian oil and gas company MOL has launched arbitration proceedings at the International Center for Settlement of Investment Disputes (ICSID)...

Energy Trade

Hungary to Buy Stake in Azeri Gas Field

Hungary has reached an agreement on acquiring a stake in Azerbaijan's Shah Deniz gas field, Minister of Foreign Affairs and...

Energy Trade

MET Group Wins TXF ‘Commodity Financing Deal of the Year’

Amsterdam-based financial market analysis company TXF awarded the Swiss-based energy company MET Group, which has Hungarian roots, with the "European...

Energy Trade

MOL Renovates Base Storing Strategic Kerosene Reserves

Hungarian oil and gas company MOL completed a HUF 1.2 billion renovation of its base in Kecskemét where 85pc of...

Energy Trade

Hungary Motor Fuel Prices Below Regional Average

Prices at the pump in Hungary are under the average in neighboring countries, weekly data released by the Central Statistical...

Energy Trade

Ukraine May Halt Russian Oil Transit via Druzhba Pipeline Next January

Ukraine will stop the transit of Russian oil through the Druzhba pipeline across its territory beginning January 2025, according to...

Energy Trade

Hungary Crude Supply Secured With ‘Temporary Solutions’

Hungary's deliveries of crude have been secured with "temporary solutions" after Ukraine modified regulations to prohibit transit deliveries from Russia's...

Energy Trade

Gas Consumption Falls to 4.37 bln Cubic Meters in H1

Gas consumption in Hungary reached 4.37 bln cubic meters in the first half, down 6.5% from the same period a...

Energy Trade

Fuel Prices Under Average of Neighboring Countries

Prices at the pump in Hungary were under the average in neighboring countries during the week, according to data compiled...

Energy Trade

Community Project Promoting Solar Energy Starts in Budapest

A project supporting the spread of community utilization of solar energy will be launched in Budapest with European Union support,...

Trade, Economy, Energy Trade

UAE Economy Minister Discusses Opportunities in Budapest

The Minister of Economy for the United Arab Emirates, Abdulla Bin Touq Al Marri, spoke about investment opportunities in the...

Energy Trade

Gasoline Prices Level with Average in Neighboring Countries

Gasoline prices in Hungary were level with the average in neighboring countries during the week, but diesel prices were higher,...

Energy Trade

Trans Austria Gas Pipeline Could Add to Hungary’s Energy Security

The Trans Austrian Gas Pipeline could contribute to strengthening the security of Hungary's energy supply, Minister of Foreign Affairs and...

Energy Trade

Russian Attacks on Ukraine Raising Price of Hungarian Electricity

Much electricity from Hungary is being exported to Ukraine, whose energy system is lying in ruins due to Russian attacks....

Energy Trade

MOL Launches Arbitration Against Croatian Gov’t

Hungarian oil and gas company MOL has launched arbitration proceedings at the International Center for Settlement of Investment Disputes (ICSID)...

Energy Trade

Hungary to Buy Stake in Azeri Gas Field

Hungary has reached an agreement on acquiring a stake in Azerbaijan's Shah Deniz gas field, Minister of Foreign Affairs and...

Energy Trade

MET Group Wins TXF ‘Commodity Financing Deal of the Year’

Amsterdam-based financial market analysis company TXF awarded the Swiss-based energy company MET Group, which has Hungarian roots, with the "European...

Energy Trade

MOL Renovates Base Storing Strategic Kerosene Reserves

Hungarian oil and gas company MOL completed a HUF 1.2 billion renovation of its base in Kecskemét where 85pc of...

Energy Trade

Hungary Motor Fuel Prices Below Regional Average

Prices at the pump in Hungary are under the average in neighboring countries, weekly data released by the Central Statistical...

Ukraine May Halt Russian Oil Transit via Druzhba Pipeline Next January

Ukraine will stop the transit of Russian oil through the Druzhba pipeline across its territory beginning January 2025, according to...

Hungary Crude Supply Secured With ‘Temporary Solutions’

Hungary's deliveries of crude have been secured with "temporary solutions" after Ukraine modified regulations to prohibit transit deliveries from Russia's...

Gas Consumption Falls to 4.37 bln Cubic Meters in H1

Gas consumption in Hungary reached 4.37 bln cubic meters in the first half, down 6.5% from the same period a...

Fuel Prices Under Average of Neighboring Countries

Prices at the pump in Hungary were under the average in neighboring countries during the week, according to data compiled...

Community Project Promoting Solar Energy Starts in Budapest

A project supporting the spread of community utilization of solar energy will be launched in Budapest with European Union support,...

UAE Economy Minister Discusses Opportunities in Budapest

The Minister of Economy for the United Arab Emirates, Abdulla Bin Touq Al Marri, spoke about investment opportunities in the...

Gasoline Prices Level with Average in Neighboring Countries

Gasoline prices in Hungary were level with the average in neighboring countries during the week, but diesel prices were higher,...

Trans Austria Gas Pipeline Could Add to Hungary’s Energy Security

The Trans Austrian Gas Pipeline could contribute to strengthening the security of Hungary's energy supply, Minister of Foreign Affairs and...

Russian Attacks on Ukraine Raising Price of Hungarian Electricity

Much electricity from Hungary is being exported to Ukraine, whose energy system is lying in ruins due to Russian attacks....

MOL Launches Arbitration Against Croatian Gov’t

Hungarian oil and gas company MOL has launched arbitration proceedings at the International Center for Settlement of Investment Disputes (ICSID)...

Hungary to Buy Stake in Azeri Gas Field

Hungary has reached an agreement on acquiring a stake in Azerbaijan's Shah Deniz gas field, Minister of Foreign Affairs and...

MET Group Wins TXF ‘Commodity Financing Deal of the Year’

Amsterdam-based financial market analysis company TXF awarded the Swiss-based energy company MET Group, which has Hungarian roots, with the "European...

MOL Renovates Base Storing Strategic Kerosene Reserves

Hungarian oil and gas company MOL completed a HUF 1.2 billion renovation of its base in Kecskemét where 85pc of...

Hungary Motor Fuel Prices Below Regional Average

Prices at the pump in Hungary are under the average in neighboring countries, weekly data released by the Central Statistical...