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Country summary: Hungary

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Hungary - recent news

12 Dec 24
Hungary: ABO Energy connects 20 MW solar farm to the Hungarian grid
ABO Energy recently inaugurated a 20 megawatts solar farm in Hungary, after having connected it to the grid. The project near the city of Szarvas in the Southeast of the country is the biggest project ABO Energy has developed and constructed in Hungary to date.
08 Nov 24
Hungary: Third Vecsés oil well adds another 600 barrels of oil to MOL's Hungarian production
MOL has announced that, in the Vecsés oil field, discovered two years ago, in addition to the already operating Vecsés-1 and 2 wells, the Vecsés-3 well also proved to be successful and increases MOL's production in Hungary by 600 barrels of oil per day.
09 Mar 20
Hungary: JKX announces sale of non-core assets
JKX Oil & Gas has agreed terms for the sale of the entire share capital of its wholly owned Hungarian subsidiary, Folyopart Energia KFT (Riverside Energy KFT), to Starhol Holding for a cash consideration of US$2.9 million. Riverside holds a number of Hungarian mining plots and a production facility. It is not currently producing hydrocarbons.
24 Jan 19
Hungary: Sand Hill Petroleum awarded three hydrocarbons concessions in the Pannonian Basin
Sand Hill Petroleum has been awarded three exploration concessions totaling 3,047 sq km in the Pannonian Basin in Hungary.

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