Zakonyi Botond: Hungary is an active promoter of the North-South Gas Corridor
Zakonyi Botond, Hungarian ambassador in Bucharest Energy demand in Hungary is primarily covered by fossil fuels like oil products or…
Hungary defies EU and greenlights South Stream pipeline
Hungary’s parliament approved a law that would open the way for the construction of the Russian-backed South Stream natural gas…
Hungary’s MOL gearing up for another acquisition
Hungarian fuels group MOL may soon be making a new acquisition, as the sale of German RWE’s oil and gas…
Ukraine Conflict forces Eastern states to stockpile gas
Eastern European nations from Poland to Serbia are boosting stockpiles of natural gas after Russia reduced deliveries during the armed…
Hungarians and Bulgarians cut fuel price
Hungarian oil and gas company MOL lowered its wholesale diesel and petrol prices by HUF 4 and HUF 3 per…
Moskow helps MOL in its negotiations about keeping control on INA refinery
Moscow authorities will negotiate with the Croatian government the takeover of MOL stake in INA refinery after the Olympics in…
Tough competition for Black Sea natural gas elusive reserves
Southeast Europe is hoping increased natural gas exploration in the Black Sea will help cut its dependency on Russian supplies,…
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