Inflation Half-a-Percent above Expectations Although experts had previously expected inflation to rise to 22 percent, it rose from 21.1 percent in October to 22.5... 2022.12.08.
Hungarians Turn Down Their Heating Mild weather in October and a decline in industrial demand led to a saturation of EU storage facilities. This resulted... 2022.12.08.
Prime Minister Orbán Explains Rising Cost of Petrol as “Sanctions-Price” On Tuesday night, the government lifted the fuel price freeze in Hungary. As a result, Hungarians can now only fill... 2022.12.08.
Hungary and Slovakia Both Profiting from Cooperation "Hungary and Slovakia have built a predictable and reliable partnership that will help us both to address security, economic, and... 2022.12.06.
Hungarian Oil Company To Spend Billions on Oil and Gas Exploration Mol, a leading Hungarian oil and gas company, will spend 40 billion forints (EUR 98.4 million) on oil and gas... 2022.11.29.
Prime Ministers of V4 Agree on Fundamental Issues Concerning Ukraine The heads of government of the Visegrád Four (Hungary, Slovakia, the Czech Republic, and Poland) have agreed on the fundamental... 2022.11.25.
Hungary Could Have Shale Gas Lasting a Century The Corvinus project, designed to kick-start shale gas extraction in Hungary, aims to ensure that the natural gas field in... 2022.11.25.
Hungary Could Be Exempt from EU Oil Price Cap Hungary appears to have been granted an exemption from the EU's planned oil price cap, which is essential to guaranteeing... 2022.11.25.
Kuwait on the Danube? Oil Deposits Found near Budapest Hungarian oil company Mol has discovered a significant amount of oil at a depth of 2100 meters near Vecsés, next... 2022.11.22.
Domestic Gas Consumption Fell Again in September In September, the daily average of domestic natural gas consumption decreased significantly compared to the previous four-year period, accelerating the... 2022.11.15.
Nuclear Energy a National Security Interest The expansion of the Paks nuclear power plant is in Hungary's national strategic and national security interests at the same... 2022.11.11.
Eurostat: Hungarian Gas Prices Cheapest, Electricity Second Cheapest in EU According to Eurostat data, electricity and gas prices have increased significantly in all member states, yet taxes and charges on... 2022.11.01.
Minister Gulyás Claims the Inventor of Sanctions is Russia’s ‘Best Friend’ Whoever invented the sanctions imposed by Brussels over the war in Ukraine is Russia's best friend, as the European Union... 2022.10.28.
Viktor Orbán Calls for Energy Diversification The long-term solution to the energy crisis is to bring as much energy as possible to the European continent from... 2022.10.28.
Opposition Poll Shows Declining Support for Sanctions in Hungary Even though the Hungarian left usually supports all sanctions against Russia, even those regarding energy that would badly hurt Hungary,... 2022.10.26.
Hungary to Cut Gas Use by a Third by 2050 Hungary aims to achieve a target of consuming no more than 3-4 billion cubic meters of gas per year in... 2022.10.25.
Hungarian Device Could Be the Solution for Storing Solar Panel Electricity At present, the Hungarian electricity grid is not able to cope with the increased consumer demand and there is a... 2022.10.24.
Hungarian Baths May Avoid Total Closure, but Tough Winter is Coming Bathhouses are taking a number of measures to cut costs over the winter period as a result of higher energy... 2022.10.24.
Disagreement over Government’s Solar Panel Decision According to the Hungarian Solar Panel Association (MNNSZ), the government's decision to suspend the grid feed-in of electricity generated by... 2022.10.17.
„INA is Our Company”, Says Croatian PM About Majority Hungarian Owned Energy Giant The unusual choice of words by Croatian Prime Minister Andrej Plenkovic came after the Supervisory Board of the Croatian oil... 2022.09.29.
Hungarians Turn Down Heating amid Skyrocketing Prices The energy crisis raging in Europe is felt by every household on the continent. Hungarians are no exception, and are... 2022.09.27.
