Energy

Power

Energy Revolution on the Brink, 1st Budapest Hydrogen Summit Told

The first Budapest Hydrogen Summit was held on March 10, bringing together the bosses of leading companies in Hungary and...

Green Energy

Hungary seeks to shift energy mix to nuclear, solar

Hungary wants to shift its energy mix toward nuclear and solar power over the next 10 years, Prime Minister Viktor...

Energy Trade

MOL selling U.K. assets to Waldorf Production

Hungarian oil and gas company MOL yesterday said it agreed to sell all of its upstream assets in the United...

Green Energy

Green Genius, Polenergia team up for Lithuanian offshore wind tender

Renewable energy developer Green Genius, part of Lithuania's Modus Group, and Polish energy company Polenergia SA have signed a cooperation...

Energy Trade

MOL board proposes dividends of around HUF 300 per share

The board of Hungary's MOL will propose to shareholders payment of a dividend on last year's earnings of around HUF...

Energy Trade

Szijjártó dismisses speculation over Bulgaria-Gazprom transit fee dispute

Minister of Foreign Affairs and Trade Péter Szijjártó has dismissed as "fake news" speculation in the media that a dispute...

Energy Trade

Croatia’s INA starts gas production from new Adriatic well

Croatian oil and gas company INA said on Thursday it has started natural gas production from a new well on...

Green Energy

Hydrogen revolution on our doorstep – 1st Budapest Hydrogen Summit organized with great success

Although it has been around for decades, climate goals gave a new momentum for hydrogen technology that enjoys renewed and...

Energy Trade

Sanctions will not be extended to energy, Orbán says at EU summit

Prime Minister Viktor Orbán said sanctions against Russia will not be extended to energy in a video message posted on...

Green Energy

German Berenberg Bank finances 65.2-MW solar park 

Germany's investment bank Berenberg has said it is financing a solar project in Hungary. Germany's Greencells Group is developing the...

Power

Hungary calls 5th tender for feed-in tariffs

The Hungarian Energy and Public Utilities Regulatory Office (MEKH) on Friday announced its fifth tender for feed-in tariffs for energy...

Energy Trade

Ukraine Crisis: OMV considering Nord Stream 2 involvement

Vienna-based oil and gas company OMV has told the Budapest Business Journal that gas supply to Austria is being maintained,...

Power

Electricity consumption 4.6% higher in January

Gross electricity consumption in Hungary was 4.6% higher in January compared to the same period of last year, while domestic...

Green Energy

Alteo earnings rose to HUF 5.9 bln last year

Net income of listed alternative energy company Alteo rose by a factor of close to 10 to HUF 5.9 billion...

Power

Paks II project advancing ‘according to plan’

Work on the upgrade of Hungary's Paks nuclear power plant is "proceeding according to plan", the local unit of Russia's...

Power

Energy Revolution on the Brink, 1st Budapest Hydrogen Summit Told

The first Budapest Hydrogen Summit was held on March 10, bringing together the bosses of leading companies in Hungary and...

Green Energy

Hungary seeks to shift energy mix to nuclear, solar

Hungary wants to shift its energy mix toward nuclear and solar power over the next 10 years, Prime Minister Viktor...

Energy Trade

MOL selling U.K. assets to Waldorf Production

Hungarian oil and gas company MOL yesterday said it agreed to sell all of its upstream assets in the United...

Green Energy

Green Genius, Polenergia team up for Lithuanian offshore wind tender

Renewable energy developer Green Genius, part of Lithuania's Modus Group, and Polish energy company Polenergia SA have signed a cooperation...

Energy Trade

MOL board proposes dividends of around HUF 300 per share

The board of Hungary's MOL will propose to shareholders payment of a dividend on last year's earnings of around HUF...

Energy Trade

Szijjártó dismisses speculation over Bulgaria-Gazprom transit fee dispute

Minister of Foreign Affairs and Trade Péter Szijjártó has dismissed as "fake news" speculation in the media that a dispute...

Energy Trade

Croatia’s INA starts gas production from new Adriatic well

Croatian oil and gas company INA said on Thursday it has started natural gas production from a new well on...

Green Energy

Hydrogen revolution on our doorstep – 1st Budapest Hydrogen Summit organized with great success

Although it has been around for decades, climate goals gave a new momentum for hydrogen technology that enjoys renewed and...

Energy Trade

Sanctions will not be extended to energy, Orbán says at EU summit

Prime Minister Viktor Orbán said sanctions against Russia will not be extended to energy in a video message posted on...

Green Energy

German Berenberg Bank finances 65.2-MW solar park 

Germany's investment bank Berenberg has said it is financing a solar project in Hungary. Germany's Greencells Group is developing the...

Power

Hungary calls 5th tender for feed-in tariffs

The Hungarian Energy and Public Utilities Regulatory Office (MEKH) on Friday announced its fifth tender for feed-in tariffs for energy...

Energy Trade

Ukraine Crisis: OMV considering Nord Stream 2 involvement

Vienna-based oil and gas company OMV has told the Budapest Business Journal that gas supply to Austria is being maintained,...

Power

Electricity consumption 4.6% higher in January

Gross electricity consumption in Hungary was 4.6% higher in January compared to the same period of last year, while domestic...

Green Energy

Alteo earnings rose to HUF 5.9 bln last year

Net income of listed alternative energy company Alteo rose by a factor of close to 10 to HUF 5.9 billion...

Power

Paks II project advancing ‘according to plan’

Work on the upgrade of Hungary's Paks nuclear power plant is "proceeding according to plan", the local unit of Russia's...

Energy Revolution on the Brink, 1st Budapest Hydrogen Summit Told

The first Budapest Hydrogen Summit was held on March 10, bringing together the bosses of leading companies in Hungary and...

Hungary seeks to shift energy mix to nuclear, solar

Hungary wants to shift its energy mix toward nuclear and solar power over the next 10 years, Prime Minister Viktor...

MOL selling U.K. assets to Waldorf Production

Hungarian oil and gas company MOL yesterday said it agreed to sell all of its upstream assets in the United...

Green Genius, Polenergia team up for Lithuanian offshore wind tender

Renewable energy developer Green Genius, part of Lithuania's Modus Group, and Polish energy company Polenergia SA have signed a cooperation...

MOL board proposes dividends of around HUF 300 per share

The board of Hungary's MOL will propose to shareholders payment of a dividend on last year's earnings of around HUF...

Szijjártó dismisses speculation over Bulgaria-Gazprom transit fee dispute

Minister of Foreign Affairs and Trade Péter Szijjártó has dismissed as "fake news" speculation in the media that a dispute...

Croatia’s INA starts gas production from new Adriatic well

Croatian oil and gas company INA said on Thursday it has started natural gas production from a new well on...

Hydrogen revolution on our doorstep – 1st Budapest Hydrogen Summit organized with great success

Although it has been around for decades, climate goals gave a new momentum for hydrogen technology that enjoys renewed and...

Sanctions will not be extended to energy, Orbán says at EU summit

Prime Minister Viktor Orbán said sanctions against Russia will not be extended to energy in a video message posted on...

German Berenberg Bank finances 65.2-MW solar park 

Germany's investment bank Berenberg has said it is financing a solar project in Hungary. Germany's Greencells Group is developing the...

Hungary calls 5th tender for feed-in tariffs

The Hungarian Energy and Public Utilities Regulatory Office (MEKH) on Friday announced its fifth tender for feed-in tariffs for energy...

Ukraine Crisis: OMV considering Nord Stream 2 involvement

Vienna-based oil and gas company OMV has told the Budapest Business Journal that gas supply to Austria is being maintained,...

Electricity consumption 4.6% higher in January

Gross electricity consumption in Hungary was 4.6% higher in January compared to the same period of last year, while domestic...

Alteo earnings rose to HUF 5.9 bln last year

Net income of listed alternative energy company Alteo rose by a factor of close to 10 to HUF 5.9 billion...

Paks II project advancing ‘according to plan’

Work on the upgrade of Hungary's Paks nuclear power plant is "proceeding according to plan", the local unit of Russia's...