Browsing: hungary

Hungary has strengthened its electricity system with the commissioning of its largest battery energy storage facility, located near the town of Buj in the northeastern part…

In May 2026, the Hungarian energy exchange HUPX recorded an increase in electricity prices on its day-ahead market, with the average price reaching 106.51 euros/MWh. This…

A new battery energy storage facility has officially entered operation in the southern Hungarian city of Baja, further strengthening the country’s expanding renewable energy infrastructure. The…

Hungarian energy company MOL Group has begun restoration work at its damaged Tiszaujvaros chemical facility following last week’s explosion, although the company expects that production at…

The planned Serbia–Hungary oil pipeline project has encountered a new setback after a legal challenge was filed within the public procurement process, potentially delaying progress on…

A fatal industrial accident at MOL Group’s petrochemical complex in Tiszaujvaros has resulted in one death and nine injuries following an explosion that occurred during activities…

Hungary could face renewed fuel price pressures in the coming months as access to strategic petroleum reserves approaches its scheduled expiration, while ongoing uncertainty in global…

The contract for the construction of the planned oil pipeline linking Serbia and Hungary has been awarded to a consortium led by MVM Juzna Backa, following…

Hungary has announced the release of significant volumes of fuel from its strategic emergency reserves in an effort to protect the domestic market from rising supply…

MOL Group has announced plans to significantly expand its renewable gas operations in Hungary through the construction of a new biomethane production unit at its Szarvas…