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MOL

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| premieroil.com

MOL starts producing oil the North Sea area

D&T
Dec 27, 2017

The Hungarian oil group MOL and its partners have begun oil production in the framework of the Catcher project, located in the UK Central North Sea. First oil from the project where MOL'S share is 20%, was achieved on December 23, 2017.

Budafapuszta 2 oil well | A. Varga/Wikipedia

MOL celebrates Hungarian oil exploration anniversary

D&T
Sep 1, 2017

The Hungarian oil and gas trust MOL celebrates the 80th anniversary of its first exploratory drilling that took place in Budafapuszta, Zala County in SW Hungary. In the rest of the year, MOL is to start drilling for oil and gas in eastern Hungary.

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MOL buys polyol license

D&T
Jul 20, 2017

Half a year after the announcement of its 2030 strategy, Hungary's MOL Group has signed license agreements signed with Evonik and thyssenkrupp that will enable MOL to produce propylene oxide, a key component for the production of polyether polyols.

| 123RF.com

MOL sells Energopetrol stake to INA

D&T
Jul 18, 2016

Hungarian oil and gas group MOL has announced that it is selling its minority stake in Energopetrol to INA, its own Croatian subsidiary. The share purchase agreement with INA concerns the sale of MOL's 33.5% equity stake in Energopetrol.

The TAL Block in Pakistan | www.energy-pedia.com

New MOL oil and gas discovery in Pakistan

D&T
Jun 17, 2016

Hungarian oil and gas group MOL has announced on Friday a new oil and gas discovery in the TAL Block it operates in Pakistan. This marks the 8th discovery in the block and Mol's 12th discovery in the country, portfolio.hu reports.

IPN Drilling Rig in the North Sea | Source: ithacaenergy.com

Hungarian company in Norway’s oil industry

D&T
Apr 29, 2015

Hungarian fuels group MOL has entered Norway by acquiring 100% ownership in Ithaca Petroleum Norge (IPN) from Ithaca Petroleum Ltd. for USD 60 million to extend its presence in the North Sea region and enhance its international exploration portfolio.

North Sea oil platform | Stan Shebs / Wikipedia

MOL closes North Sea search license acquisition

D&T
Mar 25, 2014

Hungarian oil and gas group MOL has announced that it has successfully closed its previously announced North Sea acquisition, adding that the region was a "very attractive area", the Hungarian financial website, portfolio.hu reports.

| Béla Szandelszky

Hungary's MOL finds oil in Kurdistan

D&T
Nov 4, 2013

Kalegran Ltd, a subsidiary of the Hungarian energy group MOL, found discoveries in the Akri-Bijeel block to be commercial grade, at the Bijell-1 and Bakrman-1 wells of the block, located in the Kurdistan region in the northern part of Iraq.

| MOL Archive

MOL subsidiary finds oil in Croatia

D&T
Sep 12, 2012

Croatian energy group INA has announced that it has made a new oil discovery with exploratory well Deletovci-1 Zapad within the oil field Privlaka near the town of Vinkovci. The latest tests show daily oil production of around 600 barrels per day.

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MOL to invest more in Kazakhstan

D&T
May 11, 2012

Hungarian oil and gas group MOL is to invest further USD 250 million in Kazakhstan where an oil production project is expected to be launched in 2015. Preparatory works are led by MOL there, according to MOL Chairman-CEO Zsolt Hernádi.

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Fuel prices to hit new high in Hungary

portfolio.hu
Dec 28, 2010

Hungarian energy group MOL is hiking the price of motor fuels further as of Wednesday, with the wholesale price of gasoline to rise by HUF 5 and that of diesel by HUF 6 per liter. The increase takes local prices to new all-time highs.

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