Browsing: hungary

The Hungarian Ministry of Energy has announced that the country is well-prepared for the upcoming winter, with 6 billion cubic meters of natural gas stored in…

MOL Group and its partners have signed commercial agreements to develop gas reserves in Azerbaijan. As the third-largest shareholder in the Azeri-Chirag-Gunashli (ACG) field, following the…

Hungarian state-owned MVM Group announced sales revenues of €5.47 billion for the first half of 2024, marking a 22% decline compared to the same period last…

Serbian Minister of Economy Adrijana Mesarovic and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto announced that a feasibility study for a new oil pipeline…

The Hungarian Ministry of Energy announced that more than 20,000 households have applied for subsidies to install solar panels and battery storage as part of a…

Romanian transmission system operator Transelectrica, Georgian transmission system operator Georgian State Electrosystem, Azerbaijan’s power utility AzerEnerji, and Hungary’s power utility MVM have announced the establishment of…

The Hungarian Ministry of Energy has reported that state-owned MVM Group is drilling its tenth well in the gas fields of eastern Hungary. The Ministry’s statement…

The Hungarian Ministry of Energy has announced the launch of tenders for hydrocarbon concessions in eight areas, aiming to increase domestic hydrocarbon production and reduce the…

The Green Energy Corridor initiative, aimed at bringing green energy from the South Caucasus to Europe, is approaching a critical stage, according to Hungarian Foreign Minister…

The Hungarian Ministry of Energy has announced that the country’s gas storage facilities have consistently exceeded European Union (EU) requirements throughout the year. As of September…