Hungary agrees new gas deal with Gazprom
Hungary has agreed to buy 6.2 billion cubic metres of natural gas from Gazprom and will begin talks on a…
Eurostat: Hungary and Romania, the most significant decline in industrial production in the EU in April
Industrial production fell by 17.1% in the euro area and by 17.3% in the European Union in April compared to…
Lignite phase-out in SEE countries: the later it happens, the more it costs
A total of 3.7 billion EUR for regional development would secure a just transition for coal phase-out in three SEE…
Hungary announces a new gas pipeline
Hungary announces the creation of a new pipeline that will increase the transport capacity from Serbia by 60%, according to…
Transgaz teams continue to work on development projects; over 550 people work at BRUA
So far, all the development projects of Transgaz are carried out normally, announces the operator of the national natural gas…
Energy prices are falling, in line with the region, as demand dwindles
Bogdan Tudorache Spot market prices in Hungary and Romania fell for Saturday trades by about 11% compared to the previous…
Photon Energy grows global portfolio to 57.1 MWp with the commissioning of 8 PV plants in Hungary
Bogdan Tudorache Photon Energy announced that its Hungarian subsidiary has completed and grid-connected eight photovoltaic power plants with a total…
Croatian court finds head of Hungary’s MOL, Croatia’s ex-PM guilty of bribery
A Croatian court ruled on Monday that the head of Hungarian energy group MOL and Croatia’s former prime minister were…
Hungary says ready to talk to Gazprom about new gas supply deal
Hungary is ready to start talks with Russia’s Gazprom about a new long-term gas supply deal, Hungary’s Foreign Ministry said…
Isarescu about the adoption of the euro: I foresee a strong debate on ideas
The Governor of the National Bank of Romania, Mugur Isarescu, said on Tuesday at the Romanian Academy that he foresees…
The resumption of imports on the Ukrainian route increased by 16% the quantity of gas entering Romania
Domestic companies increased their gas imports in August by over 16% or 313 GWh compared to July, in particular as…
Gazprom’s year-to-date gas supplies to Hungary exceed 2018 overall volume
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Peter Szijjarto, Minister of Foreign Affairs and…
Romania imported more electricity from Hungary in August
Romania had, in August, a status of net electricity importer from Hungary as a result of the decrease of hydro,…
By February 2020, Transgaz wants to set up the company that will operate the Romanian gas hub
Transgaz has signed a cooperation agreement with the Austrian Central European Gas Hub AG – CEGH to establish the gas…
Hungary’s response to risks related to natural gas supply (Interview with Pál Ságvári)
Pál Ságvári, Ambassador-at-Large for Energy Security, Ministry of Foreign Affairs and Trade of Hungary talks about energy security, diversification of…
Hungary and Romania had the highest growth rates in the EU in Q2
Hungary recorded, during the period April-June 2019, compared with the previous quarter, the most significant advance of the economy in…
Romania recorded the highest energy spot price in the region on Wednesday
The average price of electricity on the spot stock market, with delivery on Wednesday, on the Romanian market was of…
Franck Neel (FPPG): We have the solution in finding the vulnerable consumers
What we have done, with GEO 114, was to subsidize the Russian gas, putting a cap for local producers, Franck…
Hungary unveils long-term energy and climate change plan
Hungary plans to reduce its greenhouse gas (GHG) emissions by at least 52% compared to 1990 levels by 2050, but…
MOL says that BRUA constructions works have started
Hungarian company MOL, that owns the national gas transporter FGSZ, announced that the BRUA works have started. “The construction works…
The BRUA project could return to its original form, following ACER’s decision
The BRUA pipeline, a strategic project for Romania, could return to its original plan, despite the vehement opposition of Hungary,…
Hungary has already provided its gas supplies for 2020
Hungary has secured gas supplies for the next year even though Moscow and Kiev will not be able to reach…
Hungary is ready to buy gas from the Romanian Black Sea
Hungary is ready to buy gas from the Romanian Black Sea region at market prices, given the diversification of its…