Profit before tax at the Hungarian oil and gas company MOL reached USD 503 mn in the third quarter of 2024, lower by 24% year-on-year but on track to meet annual guidance, the company reports on the website of the Budapest Stock Exchange. Main points of the report include: Chairman-CEO Zsolt Hernádi commented the result […]
Rossi Biofuel Plc., partially owned by the Hungarian oil and gas company Mol, is already capable of producing more than 200,000 tons of biofuel per year. A statement issued on the occasion of the International Day of Biodiesel points out that the Mol Group, through its long-term strategy called "shape tomorrow," is increasingly focusing on […]
The Hungarian oil and gas company Mol is supporting the sustainable operation of the Csepel Center of the Hungarian Interchurch Aid (HIA) with a HUF 20 million solar park, the aid organization said at a press conference in Budapest on Tuesday. At the announcement, it was also emphasized that the relief organization aims to cover […]
There were no employees of the Hungarian oil and gas company Mol were present at the company-operated wells in Pakistan where security forces were attacked. Production at the wells has been temporarily shut down by remote access and placed in security mode until the official on-site investigation is completed, Mol told MTI on Tuesday. The […]
The Hungarian oil and gas company Mol, the airliner Wizz Air and Liszt Ferenc International Airport are testing a Sustainable Aviation Fuel (SAF) blend. The fuel was purchased by Mol from the Finnish company Neste. Wizz Air's flight to Paris took off on Wednesday filled with this fuel as part of the test. At the […]
Hydrocarbon exploration in the Üllő area of the Dány concession area looks promising, Director of Exploration and Production at Mol Hungary, Ádám Homonnay said this Monday at the presentation of a 3D seismic survey in Üllő, just southeast of Budapest. The oil company is exploring for hydrocarbons in an area of about 30 square kilometers […]
Traditional oil and gas production will remain Mol's main profile in Algyő, SE Hungary, for a long time to come, but the company is exploring the possibility of installing renewable energy sources, László Kardos, head of the company's Algyő production region, told reporters on site. A ten-year forecast has been prepared. It is reviewed every […]
20% of petrol stations operated by the Hungarian oil and gas company MOL, basically the only supplier of petrol in the country due to the capped price situation, have been reported to experience partial stock shortages in recent days. Stations in the capital and in the countryside were found to be out of 95-grade petrol […]
The Hungarian oil and gas company MOL has discovered a significant amount of oil at a depth of 2,100 meters near Vecsés, just south of Budapest. MOL started exploratory drilling in the area in July, and after carrying out the necessary tests, it proved that it had discovered a previously unknown oil field, the company […]
Owners of electric Opel vehicles will be able to buy not only vehicle chargers but will also receive access to sustainable energy solutions: thanks to the coordination of e-mobility-related services between the AutoWallis Group and ALTEO, owners of electric Opel vehicles will be offered a complex solution that ensures reliable and cheaper electric vehicle use. […]
Supported by the strong Upstream and Downstream performance, driven by the macroeconomic factors, Clean CCS EBITDA resulted in USD 1,449 mn in Q3 2022, the Hungarian oild and gas company MOL said on the website of the Budapest Stock Exchange. This result brought Q1-Q3 2022 EBITDA to USD 3,627mn that allows MOL to further upgrade […]
In order to ensure customer service and the smooth operation of service stations, Mol, the operator of the largest gas station network in Hungary, has announced that from Friday, a maximum of 50 liters of fuel can be purchased at a normal pump at its filling stations instead of the previous 100 liters. The company […]
The Hungarian oil and gas company MOL Plc. has notified the market on the website of the Budapest Stock Exchange that the Supervisory Board of its Croatian subsidiary, INA granted its prior agreement this Friday for the Rijeka Refinery Residue Upgrade project and the INA Management Board unanimously approved the investment. The decision was supported […]
Messer Hungarogáz Ltd., member of the Germany-based supplier of industrial gases Messer Group GmbH has signed a contract for the construction of a new on-site facility with MOL Petrochemicals, a member of Hungary's MOL Group. A statement by the Messer Group says that the plant will supply nitrogen and instrument air for a new polyol […]
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.
