Thanks to Mol, Friendship Pipeline Can Be Reopened Hungarian multinational oil and gas company, Mol, has held talks with the Ukrainian and Russian sides concerning the restart of... 2022.08.10.
Hungarians Can Only Refuel Once a Day at MOL Petrol Stations Lukoil limited the amount of fuel, as a result of which Hungarians can only refuel 20 liters on low-pressure wells... 2022.08.08.
Mol Group Closed the Second Quarter With an Outstanding Result In the second quarter of 2022, Mol Group achieved a "pure" EBITDA (earnings before interest, tax, depreciation and amortisation) estimated... 2022.08.05.
MOL Wins Arbitration Lawsuit against Croatia at ICSID MOL has won an arbitration case against the State of Croatia in a nearly nine-year trial before the International Center... 2022.07.07.
End of Unlimited Refueling: MOL Introduces Restriction Starting Friday The move may be justified by the recent revelation that temporary fuel shortages are expected in Hungary in July and... 2022.06.24.
Fire at MOL’s Danube Refinery, One Plant Shut Down A small fire broke out at the Atmospheric and Vacuum Distillation-2 (AV-2) plant of the Danube Refinery in Százhalombatta, a... 2022.06.15.
Oil and Gas Analyst: Hungary’s Petrol Stocks Go Towards Helping OMV, but Also Helps MOL Hungary is releasing part of the country's strategic petrol and diesel stocks to help the situation caused by the longer-than-planned... 2022.06.14.
Hungary to Dip into Strategic Fuel Reserves for Domestic Consumption Hungary will make a part of its strategic fuel reserves available for domestic consumption, according to a new government decree... 2022.06.13.
MOL CEO Zsolt Hernádi Talks about Sanctions, Oil Embargo, and Price Cap Zsolt Hernádi, CEO of the Hungarian oil company MOL gave an interview to Mandiner, talking about EU sanctions, the oil... 2022.06.09.
OMV Denies Press Reports of Company Closing Gas Stations in Hungary As Hungarian state oil company Mol would not be able to cover the shortfall, OMV's petrol stations in Hungary are... 2022.06.07.
Closed Gas Stations and Interrupted Fuel Supply After Govt Decision It is not guaranteed that all gas stations will be open after Monday, as several gas stations in Hungary are... 2022.05.30.
Petrol Station Owners: License-Plate-Based Fuelling Unfeasible The Association of Independent Petrol Stations' President considers the government's decision to allow only cars with Hungarian registration plates to... 2022.05.27.
Incoming Minister Nagy: Price Cap Can Stay, Retailers Can Cover Costs from Extra Profits RTL asked Márton Nagy, future Minister for Economic Development, about the price caps in Hungary. As he said, they may... 2022.05.19.
War in Ukraine: MOL Supporting Ukrainian Energy Network Hungarian oil and gas company MOL is supporting the Ukrainian energy network's operations, and has so far offered material support... 2022.05.07.
How Viable Would a Russian Oil Embargo Be in Hungary? Analysts differ in their answers regarding how manageable an embargo on Hungary’s supply of Russian oil would be in the... 2022.05.06.
Small Gas Stations Sue Hungary in Strasbourg over Price Freeze The extended price cap could lead to the mass closure of smaller, mostly family-run gas stations that have been operating... 2022.05.03.
Extension of Food and Fuel Price Caps Also Has a Price As we have previously reported, Prime Minister Viktor Orbán announced the extension of the food and fuel price cap on... 2022.04.28.
MOL: Immediate Withdrawal from Russian Oil Would Create Supply Problems There is growing international pressure on EU countries to extend sanctions against Russia, for example by cutting off imports of... 2022.04.02.
MOL CEO: “As Long as Gasoline Price Cap Is in Place, There Will Be Tensions in Supply” "We are at home in this region, this is a responsibility, and shareholders must also take note of this," said... 2022.04.01.
Smaller Gas Station Owners Protest at Hungary’s Oil Company MOL On March 24, the Independent Petrol Stations Association (FBSZ) held a demonstration in front of the central building of the... 2022.03.25.
MOL Propylene Plant Largest Investment in Hungary So Far This Year, says Trade Minister Péter Szijjártó, the minister for foreign affairs and trade, on Wednesday attended the cornerstone ceremony of a propylene plant of... 2022.03.24.
