Russian nuclear power giant Rosatom will begin constructing two new nuclear reactors in Hungary in the coming weeks, Hungary’s foreign minister said. The deal, reached between Russia and the EU state in 2014, aims to […]
Russian gas giant Gazprom PJSC has started providing Hungary with additional volumes requested by Prime Minister Viktor Orban’s government to address winter energy supply concerns, according to a Foreign Ministry official in Budapest. Effective Friday, Gazprom stepped […]
Hungary told its European Union counterparts that it will cost at least 770 million euros ($810 million) to revamp its oil industry as they wrangle over potential sanctions that would target Russian supplies. Prime Minister […]
BUDAPEST, May 2 (Reuters) – Hungary will not vote for any measures prepared by the European Union that could endanger the security of its oil or gas supply, Foreign Minister Peter Szijjarto said, reiterating the […]
Oil major BP has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the […]
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