Energy

Green Energy

Producer price of electricity decreases at four plants

A decree published by the Minister of Economy and Transportation on Tuesday re-introduces a maximum price of electricity to be...

Green Energy

Mátrai Erőmű to launch Visonta power plant project

Mátrai Erőmű Zrt, the operator of Hungary’s largest coal-fired power plant, has approved a €750 million project that will create...

Energy Trade

EU supports Nigerian gas pipeline to Europe

The EU is ready to support the financing of a €5.3 billion ($7 billion) pipeline to carry gas from Nigeria...

Energy Trade

OMV in talks with four European companies on Nabucco Project

OMV, central Europe's biggest oil company, said it has lined up four unidentified European companies to join its project to...

Energy Trade

Mol wins tender for strategic gas reserve

Hungarian oil and gas company Mol Nyrt has won a tender by MSzKSz Strategic Gas Reserves Zrt to acquire storage...

Energy Trade

BP’s browne boosts cooperation with Gazprom, Rosneft

BP Plc CEO John Browne met in Moscow with the heads of state-run Gazprom and Rosneft, Russia's largest companies by...

Energy Trade

Romanian Defense Council meets on energy & Petrom sale

Romanian President Traian Basescu summoned a council in charge of safety and defense to debate energy security, power sales and...

Energy Trade

Russian gas price may increase to $90 by 2010

The price of natural gas in Russia may increase to as much as $90 by the end of the decade,...

Energy Trade

Gov’t decides gas subsidies to be income-based from 2007

The government decided on changes to Hungary's system of retail gas price subsidies, which would offer subsidies based on household...

Green Energy

RWE plans €750 mln lignite-fired power plant in Hungary

RWE AG, Germany's second-biggest utility, said it plans to spend €750 million ($960 million) with partners to build a lignite-fired...

Energy Trade

Ascent Resources discovers gas in east Hungary

UK-based hydrocarbons company Ascent Resources on Tuesday announced it discovered gas while drilling in Hungary's Penészlek gas field in the...

Energy Trade

Austria to be first in Europe to get Iranian gas

Austria will be the first European nation to be offered Iranian gas once the Nabucco pipeline begins service, Kazem Vaziri-Hamaneh,...

Energy Trade

E.ON Földgáz calls second gas auction for March 1

E.ON Földgáz Trade Zrt, the Hungarian unit of E.ON Ruhrgas International, on Monday said it would offer 1.175 billion cubic...

Green Energy

Mátra Power Plant starts operating Ft 17 bln gas-fuelled turbine

Mátra Power Plant Zrt has started operating a new Ft 17 billion gas-fuelled turbine, president of the board József Valaska...

Green Energy

Hungary minimally affected by blackouts in Western Europe

Power blackouts which affected a wide swath of Germany, France and several other countries late on Saturday only caused a...

Green Energy

Producer price of electricity decreases at four plants

A decree published by the Minister of Economy and Transportation on Tuesday re-introduces a maximum price of electricity to be...

Green Energy

Mátrai Erőmű to launch Visonta power plant project

Mátrai Erőmű Zrt, the operator of Hungary’s largest coal-fired power plant, has approved a €750 million project that will create...

Energy Trade

EU supports Nigerian gas pipeline to Europe

The EU is ready to support the financing of a €5.3 billion ($7 billion) pipeline to carry gas from Nigeria...

Energy Trade

OMV in talks with four European companies on Nabucco Project

OMV, central Europe's biggest oil company, said it has lined up four unidentified European companies to join its project to...

Energy Trade

Mol wins tender for strategic gas reserve

Hungarian oil and gas company Mol Nyrt has won a tender by MSzKSz Strategic Gas Reserves Zrt to acquire storage...

Energy Trade

BP’s browne boosts cooperation with Gazprom, Rosneft

BP Plc CEO John Browne met in Moscow with the heads of state-run Gazprom and Rosneft, Russia's largest companies by...

Energy Trade

Romanian Defense Council meets on energy & Petrom sale

Romanian President Traian Basescu summoned a council in charge of safety and defense to debate energy security, power sales and...

Energy Trade

Russian gas price may increase to $90 by 2010

The price of natural gas in Russia may increase to as much as $90 by the end of the decade,...

Energy Trade

Gov’t decides gas subsidies to be income-based from 2007

The government decided on changes to Hungary's system of retail gas price subsidies, which would offer subsidies based on household...

Green Energy

RWE plans €750 mln lignite-fired power plant in Hungary

RWE AG, Germany's second-biggest utility, said it plans to spend €750 million ($960 million) with partners to build a lignite-fired...

Energy Trade

Ascent Resources discovers gas in east Hungary

UK-based hydrocarbons company Ascent Resources on Tuesday announced it discovered gas while drilling in Hungary's Penészlek gas field in the...

Energy Trade

Austria to be first in Europe to get Iranian gas

Austria will be the first European nation to be offered Iranian gas once the Nabucco pipeline begins service, Kazem Vaziri-Hamaneh,...

Energy Trade

E.ON Földgáz calls second gas auction for March 1

E.ON Földgáz Trade Zrt, the Hungarian unit of E.ON Ruhrgas International, on Monday said it would offer 1.175 billion cubic...

Green Energy

Mátra Power Plant starts operating Ft 17 bln gas-fuelled turbine

Mátra Power Plant Zrt has started operating a new Ft 17 billion gas-fuelled turbine, president of the board József Valaska...

Green Energy

Hungary minimally affected by blackouts in Western Europe

Power blackouts which affected a wide swath of Germany, France and several other countries late on Saturday only caused a...

Producer price of electricity decreases at four plants

A decree published by the Minister of Economy and Transportation on Tuesday re-introduces a maximum price of electricity to be...

Mátrai Erőmű to launch Visonta power plant project

Mátrai Erőmű Zrt, the operator of Hungary’s largest coal-fired power plant, has approved a €750 million project that will create...

EU supports Nigerian gas pipeline to Europe

The EU is ready to support the financing of a €5.3 billion ($7 billion) pipeline to carry gas from Nigeria...

OMV in talks with four European companies on Nabucco Project

OMV, central Europe's biggest oil company, said it has lined up four unidentified European companies to join its project to...

Mol wins tender for strategic gas reserve

Hungarian oil and gas company Mol Nyrt has won a tender by MSzKSz Strategic Gas Reserves Zrt to acquire storage...

BP’s browne boosts cooperation with Gazprom, Rosneft

BP Plc CEO John Browne met in Moscow with the heads of state-run Gazprom and Rosneft, Russia's largest companies by...

Romanian Defense Council meets on energy & Petrom sale

Romanian President Traian Basescu summoned a council in charge of safety and defense to debate energy security, power sales and...

Russian gas price may increase to $90 by 2010

The price of natural gas in Russia may increase to as much as $90 by the end of the decade,...

Gov’t decides gas subsidies to be income-based from 2007

The government decided on changes to Hungary's system of retail gas price subsidies, which would offer subsidies based on household...

RWE plans €750 mln lignite-fired power plant in Hungary

RWE AG, Germany's second-biggest utility, said it plans to spend €750 million ($960 million) with partners to build a lignite-fired...

Ascent Resources discovers gas in east Hungary

UK-based hydrocarbons company Ascent Resources on Tuesday announced it discovered gas while drilling in Hungary's Penészlek gas field in the...

Austria to be first in Europe to get Iranian gas

Austria will be the first European nation to be offered Iranian gas once the Nabucco pipeline begins service, Kazem Vaziri-Hamaneh,...

E.ON Földgáz calls second gas auction for March 1

E.ON Földgáz Trade Zrt, the Hungarian unit of E.ON Ruhrgas International, on Monday said it would offer 1.175 billion cubic...

Mátra Power Plant starts operating Ft 17 bln gas-fuelled turbine

Mátra Power Plant Zrt has started operating a new Ft 17 billion gas-fuelled turbine, president of the board József Valaska...

Hungary minimally affected by blackouts in Western Europe

Power blackouts which affected a wide swath of Germany, France and several other countries late on Saturday only caused a...