Energy

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...

Green Energy

Gov’t Awards Over HUF 62 bln of Home Solar Panel Subsidies

The government has taken decisions on the award of over HUF 62 bln of subsidies to 15,200 applicants for the...

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...

Green Energy

Hungary Set to Become Leader in Green Energy Storage

Hungary aims to become a leader in green energy storage, Energy Affairs Minister Csaba Lantos said at a conference in...

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...

Green Energy

Alteo Revenue Down 26% in Q1

Revenue of listed alternative energy company Alteo fell 26% year-on-year to HUF 26.7 billion in the first quarter, an investor...

Green Energy

10,000 Applicants Awarded HUF 40 bln in Solar Panel Subsidies

So far, decisions have been made regarding the award of more than HUF 40 billion in subsidies to over 10,000...

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...

Power

Hungarians Aware of Reasons Behind Power Outages, Expect Rapid Solutions

A recent nationwide survey conducted by E.ON clearly shows that respondents’ highest priority is the continuous supply of electricity. Typically,...

Power

Production of Paks II Reactor Vessel Starts

The production of a reactor vessel for the expansion of Hungary's Paks nuclear power plant has started in Saint Petersburg,...

Green Energy

Gov’t Awards Over HUF 20 bln of Home Solar Panel Subsidies

The government has awarded HUF 20.7 billion of subsidies to over 5,100 applicants for the installation of home solar panels...

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...

Green Energy

Gov’t Awards Over HUF 62 bln of Home Solar Panel Subsidies

The government has taken decisions on the award of over HUF 62 bln of subsidies to 15,200 applicants for the...

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...

Green Energy

Hungary Set to Become Leader in Green Energy Storage

Hungary aims to become a leader in green energy storage, Energy Affairs Minister Csaba Lantos said at a conference in...

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...

Green Energy

Alteo Revenue Down 26% in Q1

Revenue of listed alternative energy company Alteo fell 26% year-on-year to HUF 26.7 billion in the first quarter, an investor...

Green Energy

10,000 Applicants Awarded HUF 40 bln in Solar Panel Subsidies

So far, decisions have been made regarding the award of more than HUF 40 billion in subsidies to over 10,000...

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...

Power

Hungarians Aware of Reasons Behind Power Outages, Expect Rapid Solutions

A recent nationwide survey conducted by E.ON clearly shows that respondents’ highest priority is the continuous supply of electricity. Typically,...

Power

Production of Paks II Reactor Vessel Starts

The production of a reactor vessel for the expansion of Hungary's Paks nuclear power plant has started in Saint Petersburg,...

Green Energy

Gov’t Awards Over HUF 20 bln of Home Solar Panel Subsidies

The government has awarded HUF 20.7 billion of subsidies to over 5,100 applicants for the installation of home solar panels...

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...

Gov’t Awards Over HUF 62 bln of Home Solar Panel Subsidies

The government has taken decisions on the award of over HUF 62 bln of subsidies to 15,200 applicants for the...

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...

Hungary Set to Become Leader in Green Energy Storage

Hungary aims to become a leader in green energy storage, Energy Affairs Minister Csaba Lantos said at a conference in...

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...

Alteo Revenue Down 26% in Q1

Revenue of listed alternative energy company Alteo fell 26% year-on-year to HUF 26.7 billion in the first quarter, an investor...

10,000 Applicants Awarded HUF 40 bln in Solar Panel Subsidies

So far, decisions have been made regarding the award of more than HUF 40 billion in subsidies to over 10,000...

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...

Hungarians Aware of Reasons Behind Power Outages, Expect Rapid Solutions

A recent nationwide survey conducted by E.ON clearly shows that respondents’ highest priority is the continuous supply of electricity. Typically,...

Production of Paks II Reactor Vessel Starts

The production of a reactor vessel for the expansion of Hungary's Paks nuclear power plant has started in Saint Petersburg,...

Gov’t Awards Over HUF 20 bln of Home Solar Panel Subsidies

The government has awarded HUF 20.7 billion of subsidies to over 5,100 applicants for the installation of home solar panels...