Energy

Energy

Oil, Gas Pipeline Threats Highlight Hungary’s Energy Dependency

With an oil pipeline halted since January, a global price shock from the closure of the Strait of Hormuz, and...

Energy

Hungary Calls New Hydrocarbon Concession Tenders

Hungary has launched new tenders for hydrocarbon concessions in seven areas across the country, the Energy Ministry said in an...

Energy Trade

Energy System Stress-tested by Wintry January Weather

Hungary faced one of its coldest Januaries in decades this month, putting an unprecedented strain on the country’s energy infrastructure...

Energy

Oil, Gas Pipeline Threats Highlight Hungary’s Energy Dependency

With an oil pipeline halted since January, a global price shock from the closure of the Strait of Hormuz, and...

Energy

Hungary Calls New Hydrocarbon Concession Tenders

Hungary has launched new tenders for hydrocarbon concessions in seven areas across the country, the Energy Ministry said in an...

Energy Trade

Energy System Stress-tested by Wintry January Weather

Hungary faced one of its coldest Januaries in decades this month, putting an unprecedented strain on the country’s energy infrastructure...

Fuel Reserves Fall Sharply as Price Cap Sustainability Questioned

Newly released data on fuel reserves highlight a parallel economic issue that could have significant implications for the country’s energy...

Oil, Gas Pipeline Threats Highlight Hungary’s Energy Dependency

With an oil pipeline halted since January, a global price shock from the closure of the Strait of Hormuz, and...

Largest Battery Energy Storage Facility in Eastern Hungary Inaugurated

MOL has built an electricity storage system with a capacity of 40 MWh in Tiszaújváros, at the site of MOL...

Futureal Energy Partners Enters Finland With Major Storage Project

Futureal Energy Partners (FEP) has taken a significant step into the Nordic renewable energy market, supporting the successful development and...

Strategic Oil Reserves Fall to Lowest Level Since 2015

Hungary's strategic oil reserves dropped to 487,000 tonnes by Feb. 28, the lowest level recorded since data became available in...

Iran Conflict Drives Surge in Gas Cylinder Searches in Hungary and Region

International energy market uncertainty has quickly appeared in consumer search behavior, with interest in gas cylinders in Hungary rising sharply,...

Hungary’s Crude Reserves Sufficient to Maintain Price Caps, Gulyás Says

Hungary's strategic crude reserves are sufficient to maintain price caps at the pump, Gergely Gulyás, the head of the Prime...

INA Inaugurates Upgraded Refinery in Rijeka

INA, the Croatian unit of Hungarian oil and gas company MOL, inaugurated a EUR 700 million upgrade of its refinery...

MOL Introducing ‘Extraordinary Pricing’ at Filling Stations Amid Rising Oil Prices

Hungarian oil and gas company MOL Group has introduced what it described as “extraordinary pricing” at its filling stations, potentially...

Szijjártó: Hungarian-Serbian Oil Pipeline Construction Preparations to Be Accelerated

Hungary and Serbia are further accelerating preparatory work on the construction of an oil pipeline between the two countries, Minister...

MOL Says Communication on Druzhba Disruption Complied With Disclosure Rules

Oil and gas company MOL said its communication regarding the need to free up nat'l strategic crude reserves due to...

Hungary Halts Diesel Exports to Ukraine Amid Druzhba Pipeline Dispute

Hungary has stopped delivering diesel fuel to Ukraine and will only resume it once Ukraine has restarted crude deliveries through...

MOL Seeks Release of Strategic Crude Reserves Amid Druzhba Pipeline Disruption

MOL group has turned to the Energy Ministry to free up the country's strategic crude reserves, the Hungarian oil and...

Hungary Calls New Hydrocarbon Concession Tenders

Hungary has launched new tenders for hydrocarbon concessions in seven areas across the country, the Energy Ministry said in an...

Energy System Stress-tested by Wintry January Weather

Hungary faced one of its coldest Januaries in decades this month, putting an unprecedented strain on the country’s energy infrastructure...