The board of Hungarian oil and gas company MOL will propose payment of a total dividend of around HUF 250 (0.63 euros) per share to shareholders…
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Natural gas will start flowing from Turkey to Hungary on April 1, so a “historical date is approaching,” the Hungarian foreign minister wrote in a post…
Portuguese renewables company Greenvolt – Energias Renovaveis has secured a 36 million euro project finance for implementing a 57 MW photovoltaic solar power plant in Hungary.…
Scope Ratings assigned Hungarian oil and gas company MOL a BBB-issuer rating with a positive outlook, according to a report by state news wire MTI. The rating is…
In the first half of March, Hungarian day-ahead prices initially increased, driven by higher input prices, but reversed amid better supply conditions. Weekday day-ahead baseload on…
The average price of electricity on the day-ahead market of the Hungarian energy exchange HUPX reached 69.35 euros/MWh in February, 19% lower compared to the previous…
Following talks in Budapest, Rosatom Director General Alexey Likhachev, and Hungary’s Minister of Foreign Affairs & Trade Peter Szijjártó confirmed that work on the construction of…
Axpo, a Swiss energy company, and Jabil, a US-based global electronics manufacturer, have announced the renewal of their long-standing partnership in Hungary through a renewable energy…
Investors have signalled their intent to build solar and wind farms with a capacity of over 10 GW, according to the Ministry of Energy Affairs. Investors…
The Hungarian solar industry has experienced great development, with the biggest expansion last year when 1.6 gigawatts of solar panels were installed, the Energy Minister announced…