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.
Economy Could Be Impacted by Escalation of Israel-Hamas War The Hungarian economy will feel the immediate impact of the Israeli-Palestinian conflict if it does not stop at the borders.... 2023.10.17.
No Prospect of a Fall in Fuel Prices Yet Fuel prices in Hungary have been rising steadily for weeks, and there seems to be no end to the trend,... 2023.08.15.
Sanctions Cannot Bring Russia to Its Knees, Says Oil Company CEO It has been proved that sanctions cannot bring Russia to its knees, the CEO of Hungarian oil and gas company... 2023.07.31.
Conditions Are in Place to Ensure Uninterrupted Gas and Oil Supplies All conditions are in place for the uninterrupted continuation of natural gas and oil supplies to Hungary, so we can... 2023.07.28.
Ukrainian Armor Moves Thanks to Hungarian Fuel Exports Most Ukrainian tanks are powered by oil imported from Russia by Hungary and Turkey, and made available to Kiev. Ukraine's... 2023.07.25.
Significant Decrease Coming in Windfall Tax Rates The new headquarter of Hungarian oil and gas company MOL was inaugurated last year. A government decree amending regulations on... 2023.07.21.
Péter Szijjártó Requests Extension for Russian Oil Exports Hungary's foreign minister wants to extend MOL's exemption from sanctions against Russia for another year to allow the leading Hungarian... 2023.07.04.
Ukraine Increases Oil Transit Fees on Friendship Pipeline Yet Again Ukraine has increased the transit fee for oil shipments, the rise was, however, still less than originally planned. Under the... 2023.06.02.
Islamist Militants Storm Hungarian-owned Refinery Islamist militants stormed a natural gas and oil extraction plant in northwest Pakistan on Tuesday, killing four police officers and... 2023.05.23.
Way out of Energy Crisis Should Be Market-Based, MOL CEO Says The way out of the energy crisis can only be market-based, and sooner or later, we will have to return... 2023.04.28.
Hungary and Serbia to Build a New Oil Pipeline Hungarian Foreign Minister Péter Szijjártó (R) and Serbian Energy Minister Dubravka Dedovic Hungary and Serbia are preparing the construction of... 2023.04.21.
Hungarian Oil Company Promotes Sustainability by Collecting Used Grease About 350 MOL petrol stations will be able to dispose of used grease in an environmentally friendly way by pouring... 2023.04.11.
MOL Has Started to Transport Oil from Azerbaijan The Hungarian oil and gas company MOL has announced that it has started transporting crude oil from Azerbaijan to Slovnaft's... 2023.03.21.
Promising Outlook for Oil Near Near Budapest Hydrocarbon prospecting in the Üllő area of the Dány concession zone looks promising, Ádám Homonnay, director of exploration and production... 2023.03.07.
Order of Merit Awarded to Bahraini Foreign Minister Hungarian Foreign Minister Péter Szijjártó (R) and his Bahraini counterpart Abdullatif bin Rashid Al Zayani The Gulf region is playing... 2023.02.02.
Ecuador to Use Hungarian Technology in Oil Extraction Hungarian Foreign Minister Péter Szijjártó (L) with Ecuadorian Deputy Foreign Minister Luis Vayas Valdivieso. The reopening of Hungary's embassy in... 2023.01.20.
Hungarian Refinery to be Supplied through Croatian Pipeline Croatian oil pipeline operator Janaf has signed an oil transport contract with Hungarian oil and gas company MOL, the Croatian... 2023.01.10.
Hungary Is Exempt from Oil Embargo But Not from Price Increase The government must not only fight against rising oil and gas prices, but also guarantee security of supply, the Parliamentary... 2022.12.05.
Polish Oil Company Enters Hungarian Market The Polish ORLEN Group has entered the Hungarian market, taking over a total of 143 Hungarian petrol stations, ORLEN told... 2022.12.02.
Hungarian Oil Company To Spend Billions on Oil and Gas Exploration Mol, a leading Hungarian oil and gas company, will spend 40 billion forints (EUR 98.4 million) on oil and gas... 2022.11.29.