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Hungary Overview

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Supply chain strikes force oil prices up
NEWS
Multinational - March 31, 2026

Oil markets remain on edge as hostilities continue in the Gulf. Kuwait Petroleum Corporation said on Tuesday that its Al Salmi…

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Eni, QatarEnergy win Libya offshore exploration licence
NEWS
Libya - February 11, 2026

Eni has secured a new offshore exploration licence in Libya in partnership with QatarEnergy.

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Chevron enters Libya upstream with new block award
NEWS
Libya - February 11, 2026

Chevron has entered Libya with a new upstream block and a co-operation deal with the NOC.

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Sherbiny - Majed-Sherbiny - Saudi Arabia
Interview
Saudi Arabia - June 16, 2025

Majed Sherbiny of Sherbiny talks about sourcing international partnerships to manufacture advanced equipment in Saudi Arabia.

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EU plan to end Russian gas imports faces legal, geopolitical snags
NEWS
Multinational - May 06, 2025

The EU’s plan to fully end Russian gas imports by 2027 faces legal, logistical and political hurdles.

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Hungary takes 5% stake in Azerbaijan’s Shah Deniz gasfield
NEWS
Azerbaijan - June 05, 2024

Hungary's MVM will acquire a 5% stake in Azerbaijan's Shah Deniz gasfield, one of the world's largest gas plays.

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Hungary’s Mol Nyrt launches $1.4-billion polyol plant
NEWS
Hungary - May 14, 2024

Hungarian refiner Mol Nyrt has inaugurated a USD 1.4-billion polyol plant in the country's east.

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EU proposes stiff ban on Russian oil
NEWS
Multinational - May 05, 2022

European Commission President Ursula von der Leyen has proposed a full oil embargo on Russia from EU states, Reuters announced on Wednesday.

The sanctions would see…

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Yury SENTYURIN GECF
Interview
Qatar - August 19, 2020

H.E. Yury Sentyurin, secretary-general of the Gas Exporting Countries Forum (GECF), talks to The Energy Year about why gas will retain a central role in the world’s…

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