First MVM-MOL Oil Shipment Diversifies Regional Energy Supply The first joint shipment of Azerbaijani crude oil by the MVM Group and the MOL Group has successfully arrived at... 2025.06.27.
Fuel Prices Drop as MOL Switches to Daily Pricing System Starting today, the wholesale price of gasoline will decrease by 5 forints gross (0.013 euros), while the purchase price of... 2025.06.27.
MOL’s New Well Produces 1,400 Barrels of Oil a Day The new oil well in Somogysámson (southwestern Hungary) is the first new oil deposit in Transdanubia in almost a decade,... 2025.05.28.
Agreement with Türkiye on Gas Power Plant Construction An agreement has been reached between Hungary and Türkiye on the construction of a new gas power plant and the... 2025.05.02.
2024 Was an Exceptionally Successful Year for MOL, Says CEO MOL Campus in Budapest Despite geopolitical tensions, weak global growth, and a shifting regulatory environment, the MOL Group achieved its... 2025.04.24.
MOL Wins Lawsuit against Croatia in Longstanding Dispute A US federal court has rejected Croatia's application to challenge the enforcement of MOL's 2022 arbitration award, allowing the Hungarian... 2025.04.23.
MOL Finds New Gas Fields in Pakistan L-R: Hungarian Foreign Minister Péter Szijjártó and his Pakistani counterpart Ishaq Dar Hungary is striving to develop economic relations with... 2025.04.17.
MOL Acquires Gas Field from Dutch Company MOL has acquired O&GD's gas fields near Endrőd (Békés county, southeastern Hungary) and the related infrastructure, the Budapest-headquartered oil and... 2025.04.02.
Turkish Experts in Search of New Gas Fields in Hungary Minister of Foreign Affairs and Trade Péter Szijjártó announced on his social media page last week that Hungarian oil and... 2025.03.24.
MOL Discovers New Oil Field in Transdanubia MOL has discovered a new oil field in the Transdanubian region (western Hungary), near Somogysámson. The oil was discovered at... 2025.03.18.
MOL Dissatisfied with Oil Transport Contract Signed with Croatian Pipeline Operator Croatian oil pipeline operator Janaf has signed an oil transport contract with Croatian oil company INA and Hungarian MOL for... 2025.02.27.
Kazakhstan Eyes Hungarian Nuclear Energy Technology Astana, the capital of Kazakhstan All the conditions are in place for Hungarian-Kazakh economic cooperation to enter a new level,... 2025.02.18.
Further Marginal Fall in Petrol Prices will do Little to Ease Motorists’ Pain Hungarian oil giant MOL will implement a new wholesale price change announced on Monday in its retail network. As of... 2025.01.28.
Oil Company MOL Asks Retailers to Reduce Prices Hungarian oil and gas company MOL has sent a letter to retailers telling them that it is time to rein... 2025.01.22.
MOL Expands Solar Portfolio with New State-of-the-Art Plant MOL has significantly boosted its renewable energy production by acquiring Naperőmű Farm, a company developing a 66 MW solar power... 2024.12.20.
Moody’s Withdraws Oil Company MOL’s Ratings Moody's Ratings withdrew its 'Baa3' long-term issuer rating on MOL on Tuesday. The international credit rating agency justified the decision... 2024.12.04.
Competition Authority Clears MOL over Price Freeze Dispute The ongoing controversy surrounding Hungary's fuel price freeze, introduced two years ago, has sparked renewed debate, particularly regarding MOL's actions... 2024.12.02.
MOL Secures Third Spot in CEE Rankings, despite Decline in Revenue MOL's Tiszaújváros (northern Hungary) plant. After three years, the automotive and transport sectors have regained the lead, but 2024 does... 2024.11.20.
MOL to Expand Green Electricity Production with New Solar Park MOL Petrochemicals is expanding its green electricity production with a 48-megawatt solar park, creating one of the largest consumer-connected parks... 2024.11.15.
Third Vecsés Oil Well Boosts MOL’s Domestic Production Drilling rig in the Vecsés oil field. The Vecsés oil field (near Budapest) has delivered on its promises and has... 2024.11.06.
Naftogaz Confirms Deliveries amid Friendship Pipeline Disruptions In recent developments, the security of oil transport from Ukraine to Hungary has been a focal point of concern amid... 2024.10.07.
