Russia’s second-largest oil producer Lukoil will sign a contract worth $10 billion to supply oil to Hungarian energy company MOL, Lukoil Chief Executive Vagit Alekperov said on Wednesday.
read more... 31/10/2019
Greece and Hungary have announced they plan to phase out coal-fired electricity generation by 2028 and 2030 respectively.
read more... 25/09/2019
Romania’s energy market regulator ANRE drafted new regulations requiring natural gas producers and suppliers to build up higher reserves ahead of the cold season, quoting risks of “reduced” transfer of natural gas through Ukraine and limited capacities of the interconnectors with other states (Hungary and Bulgaria), according to a release published on August 27.
read more... 29/08/2019
The power exchanges of Serbia and Hungary are expected to merge their business by the end of the year to create a strong regional player, Serbian energy minister Aleksandar Antic said.
read more... 23/08/2019
German renewables developer ABO Wind AG has completed the sale of a 450-MW wind and solar project portfolio in Spain and tied to the grid 5 MW of solar power capacity in Hungary.
read more... 05/08/2019