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Thomas Alva Edison (1847–1931), American inventor and businessman photographed in his factory

The Energy Security Threat to the European Political Order

‘Energy security, in terms the consumer understands, needs to address three things: reliability, affordability, and acceptability, in that order. These terms apply to a nation state’s understanding of energy security, both because a citizenry not achieving these things will rapidly…

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….

Wizz Air Introduces Environmentally Friendly Airbus A321neo to London–Luton Base

The two-hundredth aircraft has arrived at Wizz Air, reducing the average age of the airline’s fleet to 4.2 years. The new Airbus A321neo model is joining the London–Luton airport base, the company announced….

Wizz Air Wins Global Sustainability Award for Second Consecutive Time

The statement quoted Wizz Air CEO József Váradi as commenting that receiving the CAPA international sustainability award for the second consecutive year is a great honour. The recognition confirms the company’s commitment to reducing their carbon intensity by an additional…

Carsharing: the Future of Transportation?

Carsharing is a simple, user-friendly and cost-effective alternative to owning a personal vehicle. All it requires is a smartphone and a credit or debit card….

Hungarian Airline Invests Billions in Sustainable Aviation Fuel

Wizz Air announced a partnership with Firefly Green Fuels. Firefly produces sustainable aviation fuel from sewage sludge. The aim of the partnership is to further decrease the carbon footprint of the aviation company….

Government Scraps Price Cap on Fuel to Address Shortage

MOL Chairman Hernádi added that he expects the lifting of the price cap to have an almost instant effect, with consumers seeing stability of supply return in a month….

Hungary Set to Free Up Fuel Reserves

In order to help ensure supply, Hungary has decided to restrict eligibility for price-capped fuel and will release a fourth of its strategic oil reserves….
Képernyőfotó 2022-06-11 - 23.09.20

Fuel Prices – How Long Can the West Survive?

Fuel prices soar across the West and there is no end in sight yet. As the patience of the people toward their helpless governments starts to run dry, there seems to be only one outlier – Hungary….

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