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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….

‘Having national differences is not a bug, that’s a feature of conservatism’ — An Interview with Arvid Hallén

Conservatism is different in every nation, and so is approach to energy solutions. In this interview, Arvid Hallén, the founder of the only Swedish conservative think tank, Oikos, addresses these topics and also provides some background on Sweden’s NATO accession….

Szeged’s Unique Use of Geothermal Energy

Hungary has the most hot springs in the European Union. The municipal government of Szeged is making a unique effort to try to utilize geothermal energy for its district heating system….

Nuclear and Renewable Crucial to Reduce Energy Dependency, Energy Minister Says

According to Csaba Lantos, over 28,000 people have already pre-registered for the Solar Energy Plus programme, with over 15,000 subsidy applications received so far for the installation of solar panels and accompanying green energy storage units….

Hungarian–Serbian–Sloven Regional Power Exchange to Start in Late 2024

In the second half of 2024 a regional power exchange known as the BlueSky Project is poised for launch, involving Hungary, Slovenia, and Serbia. Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated in Budapest on Tuesday that the…

Hungary Leads the Way in Green Economy, Government Commissioner States

‘Green energy production, storage, utilization, and recycling: this is how the green economy is built, of which Hungary is a leader in the world, not a follower’, Government Commissioner László György stated in Debrecen, encouraging citizens to fill in the…

Hungary Outperforms EU Gas Consumption Reduction Targets for Second Consecutive Year

According to the Hungarian Ministry of Energy, Hungarian gas consumption, similarly to the previous cycle, decreased by a fifth in the last period observed, outperforming the compulsory target prescribed for EU member states….
Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó speaks at the opening of the Budapest LNG Summit on 6 December 2021.

US Embassy Denounces Hungary in Paid Advertisement Full of Half-Truths

Hungary stands as the sole EU member state purportedly failing to adequately diminish its energy reliance on Russia, a paid advertisement of the US Embassy in Budapest suggests. However, the truth is that numerous EU nations continue to rely on…

Budapest Wins European Commission’s European Mobility Week Award

Budapest’s recognized initiatives as part of the programme included the car-free weekend organized with the involvement of the Budapest Transport Centre (BKK), as well as the European Car-Free Day held on weekdays, during which Mayor Gergely Karácsony presented plans for…

Hungarian Government Invites Citizens to Share Views on Green Energy

Citizen can submit their responses to questions related to 13 important issues ranging from solar panels to reducing utility bills to electromobility….

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