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energy dependence

MOL Discovers New Oil Deposit in Hungary

The new oil deposit has been found by MOL in collaboration with another Hungarian company, O&GD Central Ltd. The new site is currently producing around 1,000 barrels of crude oil per day….

Meaningful Turkic Alternative to Hungarian Russian Gas Imports Emerges This April

The Eastern Opening policy has greatly enhanced Hungary’s ability to diversify its natural gas import sources and the commencement of Turkish natural gas deliveries on April 1st, 2024, will amplify this policy’s effectiveness. For further diversification, there’s an emphasized need…

Paks Nuclear Plant Expansion Achieves Critical Milestones

Crucial milestones regarding the expansion of the nuclear plant in Paks are the construction of the containment structure and the reactor vessel, of which the former has been completed, while the manufacturing of the latter is set to commence shortly….
President Donald J. Trump participates in a walking tour of Cameron LNG Export Terminal on 14 May 2019 in Hackberry, La.

The Ideologies and Realities of Central and Eastern Europe’s Energy Future

The conservative position in the United States is that American exports should be ramped up to secure European energy stability and American influence, pushing back Russia’s own power across the continent while questioning the validity of the environmentalists’ alarmism in…

International Collaboration Marks Progress in Paks Nuclear Construction

During a joint press conference with Alexey Likhachev, the head of the Russian nuclear energy company Rosatom, Péter Szijjártó welcomed the start of the construction of new reactors in Paks. He pointed out that the expansion is currently the largest…

Paks Nuclear Plant Expansion Adheres to Stringent Safety and Environmental Standards

According to the ministry’s statement, Foreign Minister Szijjártó minister reported on the progress of the Paks project during a hearing of the Sustainable Development Committee of the National Assembly, welcoming the fact that the visible phase of the project is…

MCC Brussels Presents New Study on EU Energy Policies

James Woudhuysen, the author of the study and a guest professor at London South Bank University, stated that the EU energy policy and decision-making are more ‘performative’ than effective, and the related decisions have not improved but rather worsened the…

European Commission Approves Paks Expansion Plans

‘Hungary has submitted the draft contract modifications to the European Commission, and we received the green light from them yesterday,’ Minister of Foreign Affairs and Trade Péter Szijjártó announced….

An American Perspective: Hungary’s Fight for Sovereignty in the Russia-Ukraine War

Prime Minister Viktor Orbán’s approach to the Russian-Ukraine war is not Russia-sympathetic, but Hungarian-pragmatic. He has made it clear that Hungary condemns the Russian invasion into Ukraine and stands for Ukrainian sovereignty, but not to the point that agreeing to…

Viktor Orbán: We Need to Think Hard About the Future of Russian-Hungarian Relations

The Prime Minister said that the rebuilding of Russian-European economic relations after the war would be desirable, but it is unlikely to happen any time soon….

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