Hungary has announced an increase in domestic gas production following the declaration of an energy emergency in 2022. This initiative includes shale gas exploration through fracking…
Hungary’s only nuclear power plant, Paks, operated by the state-owned energy company MVM, closed 2024 with its fifth-highest production record in history. The plant’s four reactors…
Hungarian-backed MET Gas and Energy Marketing will begin supplying natural gas to Moldova’s Transnistria region after the region declined further assistance from the European Union. Under…
In January 2025, the average price of electricity on the Hungarian energy exchange HUPX’s day-ahead market (DAM) was 140.19 euros/MWh, representing a 3% decrease compared to…
Serbian Minister of Mining and Energy, Dubravka Djedovic, announced that construction of the Serbia-Hungary oil pipeline is expected to start by the end of this year.…
A report from the Hungarian Energy and Public Utility Regulatory Authority (MEKH) highlights that household gas and electricity prices in Hungary are considerably lower than in…
The Hungarian Ministry of Energy has announced that over 10,500 households have received a total of 54.5 million euros in subsidies for solar panel and battery…
Serbian oil company NIS has officially requested a delay in the enforcement of US sanctions imposed by the Office of Foreign Assets Control (OFAC), with support…
Bulgaria will continue to facilitate the transit of natural gas to Hungary, a crucial development as the TurkStream pipeline has become the primary route for Hungary’s…