Natural gas

Hungary blocks EU’s Ukraine arms package after Kiev sanctions OTP bank

Hungary has vetoed EUR 500mn worth of arms funding from the EU to Ukraine, Italian media first reported on Monday,…

12 months ago

Falling energy prices hit MOL’s Q1 figures

Sharply falling energy prices are good news for the population and almost all market segments and the population alike, but…

12 months ago

Hungary could decouple from Russian gas – report

Hungary could realistically replace Russian gas imports, according to local analysts, who say its dependence is reliant on the will…

1 year ago

CEE countries ask EU to fund Azeri gas pipelines

Romania, Bulgaria, Hungary and Slovakia have jointly requested EU funding to develop the necessary infrastructure to support increased gas supplies…

1 year ago

Eight CEE countries push for ‘significantly lower’ EU gas price cap

A total of eight Central and Eastern European (CEE) countries have co-signed a paper with four other EU member states…

1 year 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

Poland opens Baltic Pipe, as other pipelines wrecked in dramatic day for CEE energy

Polish officials symbolically commissioned the Baltic Pipe natural gas pipeline with Norway on Tuesday, a day that turned out to…

2 years ago

As Russia turns off the taps, Hungary negotiates deal to get gas transits wholly via southern TurkStream pipeline

Hungarian Foreign Minister Peter Szijjarto announced Monday that he is in negotiations with Russia’s Gazprom regarding a long-term gas supply…

2 years ago

CEE foreign ministers convene for energy, security talks

Austrian Foreign Minister Alexander Schallenberg said it is extremely important that the EU provide support to Africa, when he and…

2 years ago

Hungary declares energy emergency

The Hungarian government declared a state of emergency and ditched its flagship policy of subsidising domestic utility bills on Wednesday,…

2 years ago