Tag: Energy

Romania follows Hungary’s lead on fuel price cap after prices more than double

Romania will compensate consumers for the increase in fuel prices for at…

Dénes Albert Dénes Albert

Hungary could make $600 million a year due to oil import exemption

The combination of Hungary's exemption from the EU's oil import ban from…

Dénes Albert Dénes Albert

What sanctions? Russia rakes in tens of billions as China becomes biggest importer of Russian energy

China has overtaken Germany as Russia's largest consumer of energy since the…

Dénes Albert Dénes Albert

Three explosions target key Russian oil pipeline in Ukraine

On Saturday, an attempt was made to blow up the Friendship (Druzhba)…

Dénes Albert Dénes Albert

Germany’s move to LNG carries major environmental risks

The European Union's plan and the German government's attempt to replace Russian…

Dénes Albert Dénes Albert

EU tells Hungary to stop charging foreigners more for fuel

Hungary's system for capping fuel prices for Hungarians and charging foreign nationals…

Dénes Albert Dénes Albert

Gas purchases and grain deliveries at top of the agenda during Polish President Duda’s visit to Egypt

Polish President Andrzej Duda has hailed Egypt as one of Poland's most…

Grzegorz Adamczyk Grzegorz Adamczyk

Poland has largest gas storage reserves in Europe

At 95 percent, Poland's gas reserves are more than double that of…

Grzegorz Adamczyk Grzegorz Adamczyk

Natural gas prices to triple in Romania

Romania's largest energy suppliers will increase the price of natural gas by…

Dénes Albert Dénes Albert

EU commissioner says ‘greed’ led to dependency on Russian energy

EU Competition Commissioner Margrethe Vestager spoke on Tuesday about the reasons for…

Dénes Albert Dénes Albert

Oil industry profits reached new high in 2021, expected to rise further

The oil sector will generate unprecedented revenues for 25 years due to…

Dénes Albert Dénes Albert

Hungary warns of economic disaster over Russian energy embargo, wants pipeline oil exemption

The European Commission has no proposal to deal with the negative effects…

Dénes Albert Dénes Albert

Romania set to approve Black Sea offshore gas project that will cost billions of dollars

Romania is halfway through the legislative process of approving the Neptun-Deep offshore…

Dénes Albert Dénes Albert

New front in energy war: Spain vs. Algeria

While the issue of Russian energy exports has just reached a boiling…

Dénes Albert Dénes Albert

Hungary will veto EU’s energy sanctions against Russia

Hungary will veto the European Union's planned sixth round of sanctions against…

Dénes Albert Dénes Albert

Slovenia removes fuel price cap after left-wing electoral victory

In a stark contrast of how liberals and conservatives handle economic crises…

Dénes Albert Dénes Albert

Finland cancels planned Russian nuclear plant

The Finnish owners of the Fennovoima Finnish-Russian consortium terminated the contract for…

Dénes Albert Dénes Albert

Some EU countries cannot afford an embargo on Russian oil, Germany says

Germany would be willing to impose an embargo on Russian oil because…

Dénes Albert Dénes Albert

Hungary could sustain energy security for 2 to 4 years

Hungary's dominant oil and gas company MOL has already taken steps in…

Dénes Albert Dénes Albert

Hungarian gas imports steady despite Russian cuts for Poland and Bulgaria

Despite the fact that Russia has stopped delivering gas to Poland and…

Dénes Albert Dénes Albert

Germany could drop Russian oil ‘in a few days’ despite warnings from US official

After warnings from U.S. Treasury Secretary Janet Yellen that Europe's economies could…

Dénes Albert Dénes Albert

War in Ukraine sends coal prices soaring even higher as nations turn to ‘dirty’ energy

The world's dependence on coal was already growing even before the war…

M B M B

Here’s why Hungary cannot replace Russian oil in the short term

Hungary's crude oil refineries can't replace Russian raw material in the short…

Dénes Albert Dénes Albert

EU has paid Russia €1 billion a day for energy since the war began

The European Union may have supported Ukraine with €1 billion, but since…

Dénes Albert Dénes Albert

South Mediterranean offshore gas could offer solution to Europe

As the European Union's countries most dependent on Russian gas struggle to…

Dénes Albert Dénes Albert

Polish coal mine closures may be slowed down, hints deputy PM

Poland may need to slow down the process of closing its coal…

Grzegorz Adamczyk Grzegorz Adamczyk

Hungary’s payment for Russian gas plan breaches no EU sanctions

Hungary's payments for Russian gas are fully legal and in fact it…

Dénes Albert Dénes Albert

German fuel prices among the highest in Europe

Petrol and diesel fuel currently costs "considerably more" at German petrol stations…

Dénes Albert Dénes Albert

Hungary works with Gazprom on finding ruble payment for gas

There is a solution on how to pay in rubles for Russian…

Dénes Albert Dénes Albert

Poland’s president wants Nord Stream 2 gas pipeline dismantled

The construction of the Nord Stream 2 pipeline served the Russian hegemony…

Grzegorz Adamczyk Grzegorz Adamczyk

EU parliament demands full ban on Russian energy

A resolution of the European Parliament demanding an embargo on Russian energy…

Dénes Albert Dénes Albert

Orbán proposes EU measures to keep energy prices in check

The European Union should act immediately to help keep energy prices in…

Dénes Albert Dénes Albert

Hungary has ‘no difficulty’ to pay rubles for Russian gas, says PM Orbán

Hungary would be willing to pay rubles for Russian natural gas, Hungarian…

Dénes Albert Dénes Albert

85% of Poles back a ban on Russian energy

An overwhelming majority of Poles are in favor of a national ban…

Grzegorz Adamczyk Grzegorz Adamczyk

EU imposes ban on Russian coal exports, German Greens push for total ban on Russian energy

The European Union has announced plans to impose a blanket ban on…

Dénes Albert Dénes Albert

European electricity market set for a revolution

The European Union is experiencing a wake-up call regarding the electricity market,…

Lucie Ctverakova Lucie Ctverakova

Germany rejects Russian demand to pay for gas in rubles

German Chancellor Olaf Scholz rejected on Thursday a Russian demand to ask…

Dénes Albert Dénes Albert

Germany looks to autocratic nations of Qatar and UAE to replace Russian gas

Germany is ready to enter a long-term gas supply agreement with the…

Dénes Albert Dénes Albert

Macron calls for energy sanctions against Russia, but Orbán warns it would crash the Hungarian economy

French President Emmanuel Macron has joined the list of global leaders calling…

Dénes Albert Dénes Albert

How Hungary plans to keep gas prices down

In an effort to fight rising gas prices, the Hungarian government have…

Dénes Albert Dénes Albert

Hungarian gas and oil supplies remain stable despite increased demand

The refineries of MOL Zrt, Hungary's largest oil and gas company, are…

Dénes Albert Dénes Albert

EU wants to cut Russian gas by this much by end of 2022

The European Commission announced plans on Tuesday to reduce the bloc's reliance…

Dénes Albert Dénes Albert

Germany cannot afford to lose Russian gas and oil, industry association warns

The largest confederation of German businesses has announced its opposition to extending…

Dénes Albert Dénes Albert

EU to ‘maximize impact’ of sanctions and reduce its dependence on Russian gas, coal and oil

The European Commission is formulating a proposal to reduce the European Union's…

Dénes Albert Dénes Albert

Azerbaijan and Turkey seek to benefit from Russian gas supply interruptions

Approximately 16.2 billion cubic meters of gas will be transported to Turkey…

Dénes Albert Dénes Albert

Natural gas prices skyrocket amid war in Ukraine, European industry under threat

On the Amsterdam Power Exchange (APX), Europe's normative market natural gas futures…

Dénes Albert Dénes Albert

Hungary’s Orbán condemns Russian invasion, supports sovereignty of Ukraine

Hungarian Prime Minister Viktor Orbán has condemned Russia's invasion of Ukraine during…

Remix News Staff Remix News Staff

EU looks to replace Russian natural gas supplies

European Commission President Ursula von der Leyen confirmed on Tuesday that the…

Dénes Albert Dénes Albert

Poland to supply American natural gas to Ukraine

The Polish Oil Mining and Gas Extraction Company (PGNiG) has ordered a…

Grzegorz Adamczyk Grzegorz Adamczyk

German gas reserves reach critical low, falling below government-set storage target levels

The level of natural gas storage in Germany has reportedly fallen to…

Dénes Albert Dénes Albert

Azerbaijan is ready to assist with Europe’s gas shortage, ambassador claims

Azerbaijan stands ready to supply Europe with emergency gas, the country's ambassador…

Dénes Albert Dénes Albert

Romanian trade unions pen open letter demanding a government freeze in energy prices

A coalition of employers' associations and trade unions have written an open…

Dénes Albert Dénes Albert

Salvini slams inadequate aid package and declares rising energy prices a ‘national emergency’

The rise in gas and electricity prices plaguing thousands of families and…

Dénes Albert Dénes Albert

US gas supply to EU is 5x higher than that of Russia’s Gazprom so far in January

Gas supplies from the United States to the European Union this January…

Grzegorz Adamczyk Grzegorz Adamczyk

EU energy transformation will cost Poland hundreds of billions of euros

The European Union’s Fit for 55 directive package foresees an increase of…

Grzegorz Adamczyk Grzegorz Adamczyk

Utility bills rose sharply in countries neighboring Hungary

While in Hungary the population only indirectly perceives the rise in energy…

Dénes Albert Dénes Albert

Hungary achieved EU targets on clean energy in 2020, data shows

The share of renewable energy sources in Hungary's gross energy consumption increased…

Dénes Albert Dénes Albert

Brussels and Berlin’s irrational war against Russian gas

A new gas war has broken out in Europe. This is a…

Dénes Albert Dénes Albert

Ukraine to purchase natural gas from Hungary starting next year

Hungary has signed a natural gas supply agreement with Ukraine effective from…

Dénes Albert Dénes Albert

Budapest has lowest natural gas prices of all European capitals

The average price of natural gas was the lowest in Budapest in…

Dénes Albert Dénes Albert

EU predictably fails to resolve Europe’s energy crisis

The European Union's final summit of the year had been poised to…

Dénes Albert Dénes Albert

Czechia will reach climate targets only with nuclear power, say MPs

Due to geographical conditions, Czechia can meet its climate obligations only with…

Lucie Ctverakova Lucie Ctverakova

Hungarian power consumption hits new record despite mild winter

Europe's electrical grid is struggling to provide the necessary power, despite the…

Dénes Albert Dénes Albert

No such thing as ‘greenflation’, says head of Hungarian Central Bank

Green inflation, also known as "greenflation", a phenomenon supposedly caused by the…

Dénes Albert Dénes Albert

Energy prices bankrupt Budapest power distributor

The explosive rise in energy prices claimed its first Hungarian victim: the…

Dénes Albert Dénes Albert

Czechs divided over replacing conventional sources of energy: survey

Czechs are divided over whether it is possible to replace electricity production…

Lucie Ctverakova Lucie Ctverakova

Hungary’s Russian-built nuclear plant expansion on track for 2029 start

The construction of the two new blocks of Paks, Hungary's only nuclear…

Dénes Albert Dénes Albert

Hungary freezes fuel prices for three months

To prevent further increases, the Hungarian government announced it will freeze petrol…

Dénes Albert Dénes Albert

Winter is coming. Is Europe ready?

The international press has been covering Western Europe's energy crisis at full…

Dénes Albert Dénes Albert

Austria produces educational video on preparing for a blackout

Coming fresh on the heels of a similar video by the German…

Dénes Albert Dénes Albert

Hungary is safe from energy shortages, says MEP Deutsch

Hungary is safe because it is not threatened by energy outages like…

Dénes Albert Dénes Albert

Heating crisis in Germany? Government advises blankets and tea candles

As gas prices are soaring in Europe, the German federal state of…

Dénes Albert Dénes Albert

South Korea enters race to build nuclear reactors in Poland

There is a new player joining the race to build nuclear energy…

Grzegorz Adamczyk Grzegorz Adamczyk

Romania freezes electricity and gas prices for 5 months

The Romanian parliament has temporarily frozen the price of electricity and gas…

Dénes Albert Dénes Albert

After Russia cuts gas to Moldova, Poland steps in to fill the void

With Poland's latest deal with Moldova, Poland continues to support energy diversification…

Grzegorz Adamczyk Grzegorz Adamczyk

Hungary may freeze automotive fuel prices

Faced with the continuing rapid increase in fuel prices, Hungary may be…

Dénes Albert Dénes Albert

EU climate deal would ‘kill the middle class’, PM Orbán says

European Commission Vice-President, Frans Timmermans' proposal for a new climate package called…

Dénes Albert Dénes Albert

The race for the Polish Small Modular Reactor (SMR) market has begun

The Small Modular Reactor (SMR) nuclear technology is nothing new, but its…

Grzegorz Adamczyk Grzegorz Adamczyk

Who is responsible for high inflation rates and energy prices?

It is not true that during the communist era people were not…

Grzegorz Adamczyk Grzegorz Adamczyk

Largest Czech alternative energy supplier shuts down over rising energy prices

Bohemia Energy, the largest group of alternative energy suppliers in the Czech…

Lucie Ctverakova Lucie Ctverakova

Hungary’s winter gas supply guaranteed to last

The more than 5 billion cubic meters of natural gas stored in…

Dénes Albert Dénes Albert

EU’s energy policy in disarray, while prices in much maligned Hungary remain stable

As a result of a combination of higher production costs, mismanaged, politically-driven…

Remix News Staff Remix News Staff

Germany’s green energy revolution reaches a dead end

In 2021, Germany seems to be heading towards producing the largest increase…

Dénes Albert Dénes Albert

Ukraine is ready for ‘counter-strike’ against Hungary

In yet another sign of mounting diplomatic tensions between Hungary and Ukraine,…

Dénes Albert Dénes Albert

PM Orbán to Ukraine: Don’t interfere with Hungarian energy decisions

After Hungary signed a 15-year gas deal with Russia's Gazprom, Ukraine has…

Dénes Albert Dénes Albert

Gazprom deal sparks Hungarian-Ukrainian diplomatic row

The 15-year gas supply deal Hungary signed on Monday with Russian energy…

Dénes Albert Dénes Albert

Hungary signs 15-year gas supply deal with Russia’s Gazprom as energy crisis hits Europe

As the price of natural gas and other forms of energy skyrocket…

Dénes Albert Dénes Albert

A hydrogen corridor will lead through the Czech Republic

The gas transmission system operators of the Czech Republic, Slovakia, Ukraine, and…

Karolina Klaskova Karolina Klaskova

Analysis: Prepare for the most expensive winter in decades, and then some

Combating global warming is a topic that has united the center-left. Indeed,…

Grzegorz Adamczyk Grzegorz Adamczyk

Europe faces rising prices and unrest, but EU’s Timmermans still defends green politics

Steeply rising energy prices are starting to affect the mood of Europeans,…

Karolina Klaskova Karolina Klaskova

Polish gas and mining giant PGNiG invests in Ukrainian gas

The Polish state-owned oil and gas mining company (PGNiG) has signed a…

Grzegorz Adamczyk Grzegorz Adamczyk

Hungary strikes 15-year gas deal with Russia

Over the next 15 years, long-term Russian gas supplies to Hungary will…

Dénes Albert Dénes Albert

Russia’s Lavrov calls for emancipation of Hungarian foreign policy from EU bloc-style thinking

In an interview for the Hungarian conservative daily Magyar Nemzet, the Russian…

Remix News Staff Remix News Staff

Russia world’s second largest oil producer so far this year

Russia produced an average of 10.36 million barrels of crude oil per…

Dénes Albert Dénes Albert

Central European power supply just became more resilient

EU law should not be hostage to ideology

admin admin

Polish minister: Baltic Pipe project will continue

The rector of Collegium Intermarium says that universities seem to have abdicated…

admin admin

European Commission will seek solution to Baltic Pipe delay in Denmark

Shifts in American geopolitical policy, losses in energy security and increasingly bold…

admin admin