Hungary Archives - Oil & Gas 360

Exclusive: CanCambria Energy at EnerCom Denver – The Energy Investment Conference 2026

September 16, 2026

(Oil & Gas 360) – Publisher’s Note: You can view the EnerCom Denver—The Energy Investment Conference presenter replays for a limited time. CanCambria is an E & P company founded by long-time technical and financial partners who have worked together for over 30 years on large-scale resource projects in Australia, Canada, China, the UK, Europe, USA, and across South America.

Hungary set to agree to buy U.S. oil during JD Vance visit

April 7, 2026

(Oil Price) – Hungary is expected on Tuesday to agree a $500-million oil supply deal with the United States during the visit of U.S. Vice President JD Vance in Budapest, a source with knowledge of the plan told Bloomberg. Vance arrived in Hungary’s capital city earlier on Tuesday, just days ahead of the general election in the country on April 12, in which Hungarian

CanCambria Energy Announces Second Upsize and Closing of Non-Brokered Private Placement for Gross Proceeds of $3,275,350

January 30, 2026

(Oil & Gas 360) – Vancouver, BC – January 29, 2026 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce today that, further to its news releases dated January 5, 2026 and January 15, 2026, it has closed a second upsize of its non-brokered private placement (the “Offering”) for gross proceeds of

CanCambria Energy provides operational update and submits technical operating plan for Kiskunhalas exploration concession

December 12, 2025

(Oil & Gas 360) – Vancouver, BC – December 11, 2025 – CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (“CanCambria” or the “Company”) is pleased to provide an operational update within the BA-IX Mining License area including preparations for drilling of the Kiskunhalas tight-gas field, via the CC-Ba-E-2 well location. The well is permitted, approved and anticipated to be drilled

Hungary makes historic switch to American nuclear fuel

November 7, 2025

(Oil Price) – Hungary will buy U.S. nuclear fuel for the first time to use at a Russia-built nuclear power plant in the country, Hungarian Foreign Minister Peter Szijjarto said ahead of a meeting of the U.S. and Hungarian leaders. Szijjarto is part of a large Hungarian delegation led by Prime Minister Viktor Orban who is meeting with U.S. President Donald

U.S. steps up pressure on Hungary to cut off Russian oil

October 27, 2025

(Oil Price) – The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work with Hungarian authorities and neighboring countries to help Budapest wean off Russian supply, a senior U.S. diplomat says. Matthew Whitaker, the U.S. Ambassador to NATO, rejected in a Fox News interview suggestions from Hungarian politicians that the U.S.

EU members remain deeply divided over 2040 climate targets

October 23, 2025

(Oil Price)– The EU summit this week is debating how to bridge the divide within the bloc regarding interim 2040 emission-reduction targets as the European Union insists on becoming a net-zero area by 2050. The EU member states remain divided over the proposal of the European Commission to officially endorse setting a 2040 climate target to reduce the EU’s net greenhouse gas

Cancambria Energy Corp Receives Approval Of Technical Operating Plan For First Two Appraisal Wells

September 8, 2025

(Oil & Gas 360) CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce that the Supervisory Authority for Regulatory Affairs of Hungary (SZTFH) has approved the Technical Operating Plan (“TOP” or “MÜT” in Hungarian) for the drilling and completion of the planned CC-Ba-É-2 and CC-Ba-É-3 wells within the Company’s Ba-IX Mining License.

EU envoys expect to resolve block of new Russia sanctions this week

June 24, 2025

(Investing) – BRUSSELS -European Union diplomats said they expect to reach a deal during an EU summit this week on an 18th package of sanctions against Russia, which Slovakia and Hungary are using as a bargaining chip for concessions on Russian energy. The European Commission has proposed the package in an effort to push Russia to negotiate a ceasefire with Ukraine

CanCambria Energy Corp signs Kiskunhalas concession contract

June 16, 2025

(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown, August 17-20, 2025. Register to attend. CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (OTCQB: CCEYF) (“CanCambria” or the “Company”) is pleased to announce that it has signed the concession contract for the Kiskunhalas Concession Area (the “KCA”) with the Hungarian Ministry of Energy. Under

CamCambria Energy publishes updated corporate presentation

June 10, 2025

(Oil & Gas 360) – Publisher’s Note: CanCambria will present an update on the Kiskunhalas project at EnerCom Denver – The Energy Investment Conference on August 17-20, 2025. CanCambria Energy is a publicly traded exploration & production company focused on high-quality European tight-gas projects with direct access to profitable markets. It has a world-class development project that could transform natural gas

CanCambria Energy Corp joins Continental Europe Energy Council

May 20, 2025

(Oil & Gas 360) CanCambria Energy Corp. (TSXV: CCEC) (FSE: 4JH) (“CanCambria” or the “Company”) announces that the Company has accepted an invitation to join the Continental Europe Energy Council (“CEEC” or the “Council”). Founded in 1994, the Continental Europe Energy Council is a membership association for companies engaged in the subsurface energy industry within Continental Europe. The CEEC’s goals

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