Oil Giant MOL Initiates Arbitration Process against Croatian State MOL has filed a new arbitration case with the International Centre for Settlement of Investment Disputes (ICSID) against the Croatian... 2024.06.24.
New Oil Well Starts Production near Budapest After another successful drilling, a new oil well has recently started production in the Vecsés oil field (near Budapest), in... 2024.06.07.
Hungary Secures Stake in Azerbaijani Natural Gas Field A historic agreement has been reached between Hungary and Azerbaijan on the purchase of a stake in one of the... 2024.06.05.
“Europe is a talented, but diminishing pupil,” says MOL’s Managing Director György Bacsa, Managing Director of MOL Hungarian Oil and Gas Plc., gave a presentation on energy policy and economic growth... 2024.05.31.
MOL’s New Complex Could Put Hungary at the Forefront of the Chemical Industry Thanks to the Polyol Complex built in cooperation with Thyssenkrupp, MOL is set to become the leading chemical company in... 2024.05.15.
Multinational MOL’s Largest Organic Investment to be Inaugurated Next Week Next week, Hungarian multinational oil and gas company MOL's Polyol Complex in Tiszaújváros (northern Hungary) will be inaugurated in the... 2024.05.10.
MOL Joins the Hungarian Olympic Delegation’s Sponsors The Opening Ceremony of the Paris Olympics will take place in eighty days, with 180-190 Hungarian athletes expected to take... 2024.05.08.
MOL Discovers a New Oil Deposit in Central Hungary Crude oil has been found near Tura (central Hungary), providing around 1,000 barrels per day. For the Hungarian oil company... 2024.05.01.
Natural Gas Supplies from Azerbaijan Start for the First Time in History For the first time in history, natural gas supplies to Hungary from Azerbaijan have started this year, which will make... 2024.04.26.
Government Considers Intervening in Fuel Prices Next Week The Hungarian Central Statistical Office (KSH) has published the regional fuel prices. These data are of great importance because earlier... 2024.04.19.
Multinational MOL Takes Oil Production to a New Level through an Azeri Project One of the MOL refineries Oil production has begun at the new Azeri Central East (ACE) rig, part of the... 2024.04.17.
New Monitoring System to Ensure Fair Mid-Range Fuel Prices Minister for National Economy Márton Nagy has summoned representatives of the Hungarian Petroleum Association, including MOL (Hungarian multinational oil and... 2024.04.12.
Government Reveals When It Intends to Intervene in Fuel Prices "We have agreed with the Hungarian Petroleum Association that fuel prices should be in the middle of the regional average,... 2024.03.13.
MOL Wins Funding to Develop New Recycling Technology The Hungarian multinational oil and gas company, MOL, is aiming to develop plastic products containing recycled waste, which can be... 2024.03.04.
Positive Changes at the Pumps: Fuel Will Be Cheaper from Wednesday Domestic fuel prices are starting to fall, according to a recent data release by Holtankoljak.hu. According to the fuel price... 2024.02.27.
Corvinus University Inaugurates New Campus with a Special Guest The inauguration ceremony of the rebuilt and renovated Corvinus University of Budapest building complex was held, reports Világgazdaság. The Gellért... 2024.02.23.
Petrol Prices to Rise Significantly from Wednesday On Wednesday this week, the wholesale price of petrol will rise by HUF 4 gross (1 EUR = 389 HUF),... 2024.02.20.
Government Remains Committed to Ensuring Competitive Fuel Prices Domestic fuel prices must remain in the mid-range of the region, Minister of National Economy Márton Nagy stressed at a... 2024.02.08.
MOL Partners with Domestic Companies to Develop Hydrogen Mobility MOL, Volánbusz, MÁV, and Waberer's have signed a strategic cooperation agreement to develop hydrogen mobility, reports Index. György Bacsa, Managing... 2024.01.22.
Domestic Industry Prepares for Transition to Green Energy Hydrogen could be one of the major energy carriers of the future, therefore the Hungarian industry must prepare for the... 2024.01.19.
Motorists Have to Dig Deep into their Pockets at Petrol Stations from Today On Monday, January 15, as announced by the Hungarian oil company MOL earlier, the second stage of the increase in... 2024.01.15.
