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.
Bloomberg: MOL Could Gain Advantage With Cheaper Russian Oil According to Bloomberg, EU sanctions on Russian energy resources are championed by Poland not only due to political and security... 2022.11.28.
Hungary Could Be Exempt from EU Oil Price Cap Hungary appears to have been granted an exemption from the EU's planned oil price cap, which is essential to guaranteeing... 2022.11.25.
New Decrease in Fuel Prices Announced Fuel prices have been falling in Hungary for two weeks now, and this week has been no different. As of... 2022.11.24.
Kuwait on the Danube? Oil Deposits Found near Budapest Hungarian oil company Mol has discovered a significant amount of oil at a depth of 2100 meters near Vecsés, next... 2022.11.22.
Croatian Politician Predicts Vindication for Viktor Orbán’s Energy Policy Mario Radić, vice-president of the Croatian opposition party Homeland Movement (Domovinski pokret), recently said on a political program that Viktor... 2022.09.14.
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.
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.
Foreign Minister to CNN: ‘It Would Be Physically Impossible to Supply Hungary with Enough Oil’ without Embargo Exception Foreign Minister Péter Szijjártó talked to CNN's Christiane Amanpour in London about the Ukrainian war, the oil embargo, refugees and... 2022.07.06.
Government on the EPP President’s Comments: Weber Has Always Spoken Disparagingly about the Hungarian People The Ministry of Technology and Industry has reacted to Manfred Weber's idea of "compulsory solidarity" with regard to purchasing and... 2022.07.06.
Minister Gulyás: Our Policy Is to Build Alliances – At Home and Abroad In an interview published on Monday with hirado.hu, Gergely Gulyás, Minister of the Prime Minister's Office, said that the aim... 2022.06.28.
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.
Press Roundup: Sanctions on Russia and Europe’s Future Commentators across the political spectrum ponder the broader implications of EU sanctions on the future of Europe. Hungarian press roundup... 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.
Fidesz Comms Director: If the Oil Embargo Is a Nuclear Bomb, a Gas Embargo Would Be Armageddon If the oil embargo against Russia was a nuclear bomb for the Hungarian economy, then the gas embargo would be... 2022.06.03.
