A significant breakthrough in Hungary’s energy sector has come from Somogysamson, located in the southwest of the country, where a newly operational oil well...
MOL Group and MVM Group have launched a strategic oil trading partnership aimed at expanding and stabilizing energy supply for Central Europe, particularly for...
A new solar power plant with an installed capacity of approximately 28.5 megawatts has been commissioned at Holcim Hungary’s cement facility in Királyegyháza, located...
Hungarian Foreign Minister Péter Szijjártó has strongly opposed the European Commission’s newly unveiled plan to phase out all imports of Russian gas, oil and...
The average electricity price on Hungary’s day-ahead market (DAM), operated by the Hungarian Power Exchange (HUPX), fell significantly in April 2025. The average baseload...
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