Hungary | Oil & Gas Feed

Russian energy giant Gazprom will supply additional volumes of gas to Hungary during the upcoming winter on a regular basis, reported Russian news agency TASS.

Hungary and Slovenia have signed an agreement today regarding the interconnection of natural gas pipelines within two years and close cooperation in nuclear energy, announced Hungary's Minister of Foreign Affairs and Trade, Péter Szijjártó.

Hungary’s Minister of Foreign Affairs and Trade, Péter Szijjártó said in Belgrade that strategic links are being built between Hungary and Serbia in energy. He underlined that the neighbouring countries are making progress by launching a unique joint gas trading company, which has already been registered. “This is an important step for the security of […]

“At the meeting  on September 4 in Budapest, my colleague Peter Szijjarto said that Azerbaijani gas has already begun to flow to Hungary. Our plans...

Hungary's Minister of Foreign Affairs and Trade Péter Szijjártó said that Hungary has reached a "political agreement" on potential gas deliveries from the Gdańsk LNG terminal, currently under construction.

Hungary submitted its proposal to modify its Recovery and Resilience Plan, to which it also wishes to add a REPowerEU chapter.

Hungary plans to buy 1 billion cubic meters of natural gas from Azerbaijan in order to diversify its sources of supply, Hungarian Minister of Foreign...

Turkey's energy group BOTAŞ signed an agreement with the Hungarian state-owned company MVM CEEnergy for additional supplies of natural gas to Hungary, of nearly 300 million cubic metres.

Serbia's Minister of Mining and Energy, Dubravka Đedović and Hungary's Minister of Foreign Affairs and Foreign Trade of Hungary, Peter Szijjártó have signed a Memorandum on the construction of the Hungary-Serbia crude oil pipeline.

Ahead of the Budapest Geothermal Energy Summit, we spoke with Marcell Biro, President of the Supervisory Authority for Regulatory Affairs of Hungary about the geothermal energy landscape in the country, the newly-approved regulatory framework and the obstacles still to overcome.

The investment will allow the manufacturing of 108,000 tonnes cathode material for lithium-ion batteries on a yearly basis and 631 jobs in Hungary will be created.

Azerbaijan plans to start gas supplies to Hungary and Slovakia at the end of 2023, Azerbaijani President Ilham Aliyev said. “Today, Azerbaijani gas is exported...

Hungary and Serbia forge closer energy ties as the neighbouring countries announced to set up a joint gas trade company, cooperate on gas storage and build a new oil pipeline to strengthen supply security.

International energy company Shell has opened its first filling station offering liquefied natural gas (LNG) in Hungary in the whole CEE region.

Azerbaijan plans to start exporting gas to Hungary at the end of 2023, Azerbaijani President Ilham Aliyev said. The President stressed that the Czech Republic, Montenegro,...

A strategic partnership agreement has been established between Hungary and Egypt, which includes cooperation on the nuclear industry and energy supply. Hungary hopes to see LNG supplies from Egypt arriving to the country from 2026.

There is a broad professional and social consensus in Hungary that geothermal energy is essential to strengthen our national energy sovereignty, said Marell Bíró, President of the Supervisory Authority of Regulatory Affairs in Hungary (SZTFH) after the inaugural session of the Hungarian Geothermal Cluster, setting out a five-point plan to tap into Hungary's geothermal energy potential.

Hungary will amend its legislation on wind turbines, Cabinet Minister Gergely Gulyás told reporters on Thursday. The current legislation has been blocking wind farm development in the country for years.

A new stakeholder joins the Hungarian electric vehicle manufacturing landscape thanks to Nippon Paper’s investment in Hungary, announced Hungary's Investment Promotion Agency. The plant that will provide cellulose-based additives for batteries is expected to be up and running by the end of 2024.

The 150 million euros investment represents Germany-based Boysen Group’s intent to take a decisive step to meet growing demand of electrification. The new battery casings plant in Nyíregyháza, Hungary will be the group's first facility globally to manufacture exclusively EV products.