Energy-intensive industries are starting to migrate to America because of the much cheaper gas and electricity available there—POLITICO cited Belgian chemical giant Solvay as an example, which recently announced that it would no longer make any investments in Europe and would take all its production to America.

By 2050, Hungary hopes to dramatically reduce its reliance on imported gas, from its present 11.5 billion cubic metres per year, by cutting its annual gas consumption to no more than 3-4 billion cubic metres and increasing the production of non-fossil fuels.

The government decided to extend price caps to shield people from the negative impact of the war in Ukraine and of the sanctions imposed on Russia, the minister in charge of the Prime Minister’s Office announced on Saturday.

On Thursday, Gergely Gulyás held his regular press briefing detailing the government’s latest measures to tackle the energy crisis.

While most EU member states have higher levels of gas stored, Hungary does better than the majority in terms of its annual gas consumption compared to the amount of gas stored, which is a more realistic indicator of the security of supply.

According to the head of a Bavarian clinic, finding a hospital that can treat you quickly won’t be that easy in the future.

European consumers may face the prospect of energy rationing in the winter, Shell chief executive Ben van Beurden has warned.

A new deal with Azerbaijan to increase natural gas imports may bring Europe back from the brink of catastrophe.

The energy-intensive sections of France’s industry are converting their boilers from gas to oil-based ones, in order to prevent any outages due to gas-shortages.

With the expansion of the nuclear plant at Paks, the gas consumption of Hungary could be reduced to half.