energy

Orlen moves into Hungary, MOL into Poland, in CEE gas market reshuffle

Orlen Unipetrol, owned by Poland's leading energy company PKN Orlen, will take over 143 petrol stations in Hungary and 39 in…

2 years ago

Gov’t interventions see Poland, Slovenia, Hungary buck H1 electricity bills trend

Household electricity prices rose year-on-year in the first half of 2022, from EUR 22 per to EUR 25.30 per 100…

2 years ago

Hungary, Georgia discuss ‘major new energy cooperation’

Hungarian Prime Minister Viktor Orban and Georgian Prime Minister Irakli Garibashvili signed a strategic partnership agreement and discussed responses to…

2 years ago

‘The Chinese always have a multi-layered approach’ – CEPA expert Tamas Matura talks China in CEE with CET

Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the…

2 years ago

Hungary to call for removal of Russian oligarchs from EU sanctions list – report

Hungary will not agree to the extension of EU sanctions against Russia unless visa bans and asset freezes against three…

2 years ago

V4 countries cast net wide for gas supplies

Czech Prime Minister Petr Fiala will travel to the Netherlands this week to open a new terminal, according to an…

2 years ago

Scholz says ‘centre of Europe is moving eastwards’ on Prague visit

German Chancellor Olaf Scholz emphasised the urgency of accession for aspiring EU members in Central and Eastern Europe (CEE) when…

2 years ago

Croatian authorities launch probe into massive gas-resale scam at INA

A total of five individuals including a top Croatian lawyer and an executive at energy firm INA have been charged…

2 years ago

Polish photovoltaic company Toren acquired by Swiss firm MET

Polish greenfield solar power project Toren Spolka Akcyjna agreed a 100% share purchase agreement with the Swiss-based energy company MET…

2 years ago

Russian oil deliveries to CEE resume after MOL intervention ends week-long stasis

Crude oil flows to Hungary, Slovakia and Czechia will recommence after Hungarian energy firm MOL paid the August transit fee…

2 years ago

As CEE energy costs soar, IMF says customers should pick up the bill

The International Monetary Fund (IMF) has recommended that European governments let consumers bear the brunt of rocketing domestic energy bills,…

2 years ago

Hungary makes energy crisis plans

The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending…

2 years ago

Hungary leads EU for solar electricity generation

Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the…

2 years ago

Croatia agrees to expand oil capacity to CEE

Croatia is ready to enlarge the capacity of the Adria oil pipeline as part of a long-term energy cooperation agreement…

2 years ago

While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin

As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE)…

2 years ago

Hungary to levy windfall taxes on banking, energy, telcos, airlines, retail, pharma, ads

Hungarian Prime Minister Viktor Orban announced that banks, insurance companies, retail chains, energy firms, telcos and airlines in Hungary will…

2 years ago

OMV to transfer euros to Russia for payments to Gazprom

Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…

2 years ago

EC unveils EUR 300bn plan to decouple from Russian energy within 5 years

The European Commission (EC) adopted a EUR 300bn proposal for the 27-country bloc to be entirely independent of Russian energy…

2 years ago

Slovakia to tax Russian-processed oil

The Slovak government approved a proposal to impose an extra import tax on Russian-processed crude oil on Wednesday. The levy…

2 years ago

Croatia plans for worst case energy scenario

Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1…

2 years ago