MOL to invest in Russia
Hungarian oil and gas company MOL is seeking new oil exploration investments in Russia, CEO József Molnár said at the 21st World Petroleum Congress in Moscow, yesterday.MOL is willing to exploit the opportunities of the attractive exploration market in Russia in order to meet the company’s growth objectives.
MOL Group Upstream Executive Vice President Alexander Dodds said at the congress that the company is attempting to further strengthen its exploration portfolio via development of existing instruments as well as through new acquisitions.
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