Energy Trade

Energy Trade

MOL and O&GD Discover New Oil Reserve Near Tura

MOL and O&GD have discovered a new oil reserve near the town of Tura (about 44 km northeast of Budapest)...

Energy Trade

Motor Fuel Prices Fall Below Avg in Neighboring Countries

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

Energy Trade

Government Acknowledges Drop in Motor Fuel Prices

National Economy Minister Márton Nagy said motor fuel price reductions announced on Wednesday would bring prices at the pump down...

Energy Trade

Fuel Prices Move Closer to Avg of Neighboring Countries

Prices at the pump in Hungary have moved closer to the average in neighboring countries, according to weekly data released...

Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gasoline prices in Hungary stand 3.2% over the regional average, data released by the Central Statistical Office (KSH) on Friday...

Energy Trade

MET Group Records 2nd Most Profitable Year in 2023

MET Group, an international energy company that is based in Switzerland but has Hungarian roots, saw its second most profitable...

Energy Trade

Hungary Aims to Extend Shell LNG Deal

Minister of Foreign Affairs and Trade Petér Szijjárto provided an update on Hungary's commercial LNG agreement with global energy company...

Energy Trade

Deliveries of Turkish Gas to Hungary to Start April 1

Deliveries of Turkish gas to Hungary will start on April 1, Minister of Foreign Affairs and Trade Péter Szijjártó said...

Energy Trade

MOL to Boost Share of Low-carbon CAPEX

Hungary's MOL will raise its share of spending on low-carbon investments to 30-40% of total CAPEX in 2025-2030, an update...

Energy Trade

Oil Association Head Expects Fuel Price Deceleration

The general secretary of the Hungarian Mineral Oil Association, Ottó Grád, expects the growth of fuel prices to slow down...

Energy Trade

Hungary Establishes Legal Framework for Possible LNG Investments

Hungary has created the legal conditions that would make LNG infrastructure investments "theoretically possible", Energy Affairs Minister Csaba Lantos said...

Energy Trade

Bulgarian Regulator OK’s Natgas Price Cut for February

Bulgaria's utility regulator said it has endorsed a final price proposal by public supplier Bulgargaz for a wholesale natural gas...

Energy Trade

Hungary Reaches Political Agreement on Long-term Qatari LNG Deliveries

Hungary has reached a political agreement on Qatari LNG deliveries, paving the way for the signing of a long-term contract...

Energy Trade

Serbia to Invest EUR 150 mln in Oil Link With Hungary

Serbia plans to invest EUR 150 million (USD 163 million) in the construction of a 128-km (79.5 mile) cross-border oil...

Energy Trade

4th Well Starts Operating at Corvinus Project

Production started at another well that uses alternative extraction technology at a gas field on the outskirts of Sarkad on...

Energy Trade

MOL and O&GD Discover New Oil Reserve Near Tura

MOL and O&GD have discovered a new oil reserve near the town of Tura (about 44 km northeast of Budapest)...

Energy Trade

Motor Fuel Prices Fall Below Avg in Neighboring Countries

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

Energy Trade

Government Acknowledges Drop in Motor Fuel Prices

National Economy Minister Márton Nagy said motor fuel price reductions announced on Wednesday would bring prices at the pump down...

Energy Trade

Fuel Prices Move Closer to Avg of Neighboring Countries

Prices at the pump in Hungary have moved closer to the average in neighboring countries, according to weekly data released...

Energy Trade

Hungary Gasoline Prices 3% Over Regional Avg

Gasoline prices in Hungary stand 3.2% over the regional average, data released by the Central Statistical Office (KSH) on Friday...

Energy Trade

MET Group Records 2nd Most Profitable Year in 2023

MET Group, an international energy company that is based in Switzerland but has Hungarian roots, saw its second most profitable...

Energy Trade

Hungary Aims to Extend Shell LNG Deal

Minister of Foreign Affairs and Trade Petér Szijjárto provided an update on Hungary's commercial LNG agreement with global energy company...

Energy Trade

Deliveries of Turkish Gas to Hungary to Start April 1

Deliveries of Turkish gas to Hungary will start on April 1, Minister of Foreign Affairs and Trade Péter Szijjártó said...

Energy Trade

MOL to Boost Share of Low-carbon CAPEX

Hungary's MOL will raise its share of spending on low-carbon investments to 30-40% of total CAPEX in 2025-2030, an update...

Energy Trade

Oil Association Head Expects Fuel Price Deceleration

The general secretary of the Hungarian Mineral Oil Association, Ottó Grád, expects the growth of fuel prices to slow down...

Energy Trade

Hungary Establishes Legal Framework for Possible LNG Investments

Hungary has created the legal conditions that would make LNG infrastructure investments "theoretically possible", Energy Affairs Minister Csaba Lantos said...

Energy Trade

Bulgarian Regulator OK’s Natgas Price Cut for February

Bulgaria's utility regulator said it has endorsed a final price proposal by public supplier Bulgargaz for a wholesale natural gas...

Energy Trade

Hungary Reaches Political Agreement on Long-term Qatari LNG Deliveries

Hungary has reached a political agreement on Qatari LNG deliveries, paving the way for the signing of a long-term contract...

Energy Trade

Serbia to Invest EUR 150 mln in Oil Link With Hungary

Serbia plans to invest EUR 150 million (USD 163 million) in the construction of a 128-km (79.5 mile) cross-border oil...

Energy Trade

4th Well Starts Operating at Corvinus Project

Production started at another well that uses alternative extraction technology at a gas field on the outskirts of Sarkad on...

MOL and O&GD Discover New Oil Reserve Near Tura

MOL and O&GD have discovered a new oil reserve near the town of Tura (about 44 km northeast of Budapest)...

Motor Fuel Prices Fall Below Avg in Neighboring Countries

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

Government Acknowledges Drop in Motor Fuel Prices

National Economy Minister Márton Nagy said motor fuel price reductions announced on Wednesday would bring prices at the pump down...

Fuel Prices Move Closer to Avg of Neighboring Countries

Prices at the pump in Hungary have moved closer to the average in neighboring countries, according to weekly data released...

Hungary Gasoline Prices 3% Over Regional Avg

Gasoline prices in Hungary stand 3.2% over the regional average, data released by the Central Statistical Office (KSH) on Friday...

MET Group Records 2nd Most Profitable Year in 2023

MET Group, an international energy company that is based in Switzerland but has Hungarian roots, saw its second most profitable...

Hungary Aims to Extend Shell LNG Deal

Minister of Foreign Affairs and Trade Petér Szijjárto provided an update on Hungary's commercial LNG agreement with global energy company...

Deliveries of Turkish Gas to Hungary to Start April 1

Deliveries of Turkish gas to Hungary will start on April 1, Minister of Foreign Affairs and Trade Péter Szijjártó said...

MOL to Boost Share of Low-carbon CAPEX

Hungary's MOL will raise its share of spending on low-carbon investments to 30-40% of total CAPEX in 2025-2030, an update...

Oil Association Head Expects Fuel Price Deceleration

The general secretary of the Hungarian Mineral Oil Association, Ottó Grád, expects the growth of fuel prices to slow down...

Hungary Establishes Legal Framework for Possible LNG Investments

Hungary has created the legal conditions that would make LNG infrastructure investments "theoretically possible", Energy Affairs Minister Csaba Lantos said...

Bulgarian Regulator OK’s Natgas Price Cut for February

Bulgaria's utility regulator said it has endorsed a final price proposal by public supplier Bulgargaz for a wholesale natural gas...

Hungary Reaches Political Agreement on Long-term Qatari LNG Deliveries

Hungary has reached a political agreement on Qatari LNG deliveries, paving the way for the signing of a long-term contract...

Serbia to Invest EUR 150 mln in Oil Link With Hungary

Serbia plans to invest EUR 150 million (USD 163 million) in the construction of a 128-km (79.5 mile) cross-border oil...

4th Well Starts Operating at Corvinus Project

Production started at another well that uses alternative extraction technology at a gas field on the outskirts of Sarkad on...