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• Business

  MOL signs contracts with thyssenkrupp for Polyol Project

  

  Hungarian oil and gas company MOL said yesterday that its subsidiary MOL Petrochemicals is entering into four separate engineering, procurement and construction contracts with thyssenkrupp Industrial Solutions AG, Hungarian news agency MTI reported.

   Thu, Sept. 13, 2018, 13:56

  • MOL
  • thyssenkrupp
  • polyol
• News

  MOL raises diesel prices, now 15% higher than in February

  

  Hungarian oil and gas company MOL will raise its wholesale diesel price by HUF 3 per liter from today, industry insiders told Hungarian news agency MTI, with prices at the pump rising to around HUF 417 per liter as a result.

   Fri, Sept. 7, 2018, 12:00

  • fuel
  • diesel
  • MOL
  • oil
  • forint
  • brent crude
• News

  Court refuses to execute European Arrest Warrant for MOL CEO

  

  The Municipal Court of Budapest has refused to execute a European Arrest Warrant (EAW) issued by the Croatian authorities for Zsolt Hernádi, the chairman-CEO of Hungarian oil and gas company MOL, the court told state news agency MTI on Thursday.   

   Fri, Aug. 24, 2018, 16:03

  • european arrest warrant
  • eaw
  • hernadi
  • mol
  • court
• Budapest

  Despite skyscraper ban, MOL cleared to build HQ

  

  Hungaryʼs government has discussed a ban on skyscrapers in Budapest to preserve the traditional profile of the capital. However, the ban would not apply to the planned office building of national oil and gas company MOL.

   Tue, Aug. 14, 2018, 12:50

  • MOL
  • office
  • skyscraper
  • ban
  • budapest
• Business

  Financial loss weighs on MOL profits

  

  Hungarian oil and gas company MOLʼs second-quarter revenue climbed year-on-year but net income fell 18% to HUF 72.9 billion because of a financial loss, an earnings report shows.

   Fri, Aug. 3, 2018, 09:11

  • MOL
  • earnings
  • profit
• Business

  MOL acquires bus company ITK

  

  Hungarian oil and gas company MOL on Tuesday said it is acquiring a majority stake in bus company ITK Holding. MOL said the acquisition fits well with its 2030 mobility strategy.

   Tue, July 31, 2018, 11:40

  • mol
  • itk
  • bus
  • acquisition
  • mobility
• Finance

  MOL signs for EUR 555 mln revolving credit facility

  

  Hungarian oil and gas company MOL announced on the Budapest Stock Exchange (BÉT) Tuesday that it entered into a EUR 555 million revolving credit agreement with 15 bank groups on July 9, 2018.   

   Tue, July 10, 2018, 13:25

  • mol
  • oil and gas
  • credit
  • revolving
  • erste
  • kbc
  • ing
• Budapest

  City-dwellers take to bikes during metro renovation

  

  During the ongoing renovation of Budapestʼs metro line M3, the number of people using the MOL BuBi bike-sharing scheme in affected areas has significantly risen, business daily Világgazdaság reported on Wednesday, citing the Center for Budapest Transport (BKK), which operates the scheme.

   Wed, July 4, 2018, 13:19

  • bike share
  • bicycle
  • metro
  • renovation
  • mol
  • bubi
• Business

  MOL gains access to Adriatic gas via Croatian unit

  

  Croatian oil and gas company INA, a subsidiary of Hungarian peer MOL, will purchase Eni Croatia BV from the Italian Eni Group, thus becoming sole owner and operator of the Northern Adriatic and Marica offshore gas fields, according to a MOL announcement on the website of the Budapest Stock Exchange (BÉT).

   Wed, June 20, 2018, 13:22

  • mol
  • ina
  • croatia
  • adriatic
  • gas
  • offshore
  • eni
  • acquisition
• Whosnews

  MOL Hungary appoints new COO

  

  Hungarian oil and gas company MOL announced Thursday the appointment of Péter Ratatics as chief operating officer (COO) of MOL Hungary.

   Fri, June 8, 2018, 09:50

  • MOL
  • COO
  • appointment
  • oil & gas