Gas Storages Reach Record Levels, Meeting EU Goals Early The EU's 90% gas storage target was already met by early autumn, with the Hungarian storage peak - well above... 2024.11.04.
Alternatives to Gas Transported via Ukraine to Result in Significant Price Increases In late 2023, news broke that the Ukrainian state gas company Naftogaz does not intend to resume transit of Russian... 2024.08.06.
Greater State Involvement Needed to Fully Exploit Geothermal Energy We have known for a long time that the Carpathian Basin, the former location of the Pannonian Sea, is an... 2024.06.25.
Oil Giant MOL Initiates Arbitration Process against Croatian State MOL has filed a new arbitration case with the International Centre for Settlement of Investment Disputes (ICSID) against the Croatian... 2024.06.24.
Gas Storage Targets Reached ahead of Schedule According to the latest data, gas storage capacity is at 68 percent, well above the expected level and above the... 2024.05.02.
Eurostat Data Reveals that Hungary Has Lowest Household Electricity Prices in the EU Based on Eurostat data, after a steep rise in 2022, EU electricity and gas prices were predicted to fall in... 2024.04.29.
Drop in Gas Consumption during Heating Season Even without Restrictive Measures There was no need for gas restrictions at either the state or municipal levels last winter, the Communications Department of... 2024.04.22.
Geothermal Heat: An Untapped Alternative to Gas Geothermal energy is a suitable alternative to gas in Hungary, said one expert in response to the suggestion that Hungary... 2024.04.02.
The Country’s Most Efficient Gas-Fired Power Plant Soon to Have New Owner Picture for illustration France's Veolia has agreed to buy a 430-megawatt gas-fired power plant in Hungary from German energy company... 2024.02.20.
Mid-Week Hike in Fuel Prices Anticipated From Wednesday, fuel prices will rise again, Világgazdaság reports, based on holtankoljak.hu, a website that monitors petrol station prices. The... 2024.02.13.
Domestic Gas Consumption Has Fallen Sharply in the Last Two Years Last year, the amount of natural gas and electricity used in Hungary continued to fall. In 2023, about 8.5 billion... 2024.01.08.
Budapest Still Has the Lowest Household Energy Prices in the EU Maintaining its long-standing position, Budapest again came out on top in December in a comparison of EU capitals of where... 2024.01.05.
Bulgaria Withdraws Law Increasing Transit Fee for Russian Gas Supplies "It is good news that Bulgaria has withdrawn its law on increasing the transit fee for Russian natural gas, which... 2023.12.20.
Serbia-Bulgaria Gas Interconnector to Boost Hungary’s Energy Security in the Future The Serbian, Bulgarian, and Azerbaijani Heads of State, as well as the head of the European Union mission in Belgrade,... 2023.12.13.
Foreign Minister Meets with Russian Counterpart Sergey Lavrov Sergey Lavrov and Péter Szijjártó in Skopje on Thursday (L-R) It is in the national interest to maintain stable, predictable,... 2023.12.01.
Discovery near Croatian Border Makes MOL Bosses Very Happy A huge natural gas field has been discovered by Croats near the Hungarian border, writes Világgazdaság. The discovery could have... 2023.11.22.
Ukraine’s Naftogaz Is Preparing to Stop the Transit of Russian Gas to Europe The Ukrainian state gas company Naftogaz does not intend to resume transit of Russian gas to Europe after their contract... 2023.10.30.
Domestic Households Pay the Lowest Energy Prices in Europe In the interest of Hungarian families, the government will maintain the reduction of utility bills up to the average consumption... 2023.10.27.
Russia’s Gazprom to Supply Extra Gas to Hungary and China This Winter Russia's Gazprom Group will supply extra gas to Hungary and China this winter, CEO Alexey Miller announced on Sunday, Világgazdaság... 2023.10.24.
Bulgaria Could Have Yielded to Outside Pressure in Raising Gas Transit Fees President Rumen Radev (L) with Viktor Orbán during his September visit to Budapest. One week after Bulgaria introduced a special... 2023.10.24.
Bulgarian Gas Transit Fee Raise a Threat to Our Energy Security A week ago, without any prior warning, Bulgaria significantly increased its transit tariffs for Russian gas", András Gyürk, Fidesz MEP,... 2023.10.20.
