Eurostat: Hungarian Household Energy Prices Lowest in EU In the second half of 2022, the average household electricity price in the European Union was lowest in Hungary at... 2023.04.27.
Foreign Minister Signs Energy Deals with Russia Minister of Foreign Affairs and Trade Péter Szijjártó signed agreements on Hungary's energy supply in Moscow. Agreements have been reached... 2023.04.12.
Government Aims to Achieve Electricity Sovereignty by 2030 Hungary could cover its entire electricity needs from its own resources by 2030, including the electricity needs of new industrial... 2023.03.31.
Economy Will Be the Focus of the Government This Term The economy is the focus of the government that will operate between 2022 and 2026, Prime Minister Viktor Orbán said... 2023.03.10.
Brussels Thinks They Can Spend Money Better than Elected Governments On Thursday, the government briefed the public on the latest political and economic developments during the Government Info meeting. Gergely Gulyás,... 2023.03.09.
Foreign Minister Calls for UN Investigation Into Nord Stream Explosion In an interview with Russian news portal RIA Novosti, Peter Szijjártó, Minister of Foreign Affairs of Hungary, talked about the... 2023.03.01.
Hungarians Households’ Energy Bills among Lowest in Europe The Hungarian Energy and Public Utility Regulatory Authority (MEKH) announced the results of an international price comparison study on Thursday.... 2023.01.06.
Hungary Votes against Gas Price Cap The Council of the European Union has voted in favor of the gas cap; Hungary voted against it. EU energy... 2022.12.20.
Hungary to Acquire Gas from Qatar A political agreement has been reached to start inter-company negotiations on the future purchase of natural gas from Qatar between... 2022.12.15.
Foreign Minister Calls EU Gas Price Cap Plan Dangerous There is still no decision on the EU gas price cap, but several particularly dangerous elements have been removed from... 2022.12.14.
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.
Hungary Is Exempt from Oil Embargo But Not from Price Increase The government must not only fight against rising oil and gas prices, but also guarantee security of supply, the Parliamentary... 2022.12.05.
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.
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.
New Gas Pipelines Increase Security of Supply in Hungary and the Region The Greek-Bulgarian (IGB) and Polish-Slovak interconnectors and the Baltic Pipe, which will transport Norwegian gas to Poland, will allow Hungary... 2022.11.09.
Government Official Accuses the EU of Undermining European Economy The sanctions policy formulated in Europe in response to the war has created high inflation, an energy crisis and the... 2022.11.07.
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.
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.
Security of the TurkStream Is a Priority for Hungary The importance of the TurkStream gas pipeline has been increased by the fact that the operation of the Nord Stream... 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.
Despite Hungarian Majority Ownership, INA Must Sell All Gas to Croatia On Wednesday, the Croatian government decided that the Croatian oil company INA must sell all gas produced in the country... 2022.09.15.
