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• Business

  MOL shareholders okay HUF 127.5 per-share dividend

  

  Shareholders of Hungarian oil and gas company MOL approved payment of a HUF 127.5 per-share dividend on last yearʼs earnings at an annual general meeting on Thursday.  The dividend fund comes to HUF 94.2 bln, state news agency MTI reported.

   Thu, Apr. 12, 2018, 12:03

  • mol
  • oil and gas
  • shareholder
  • dividend
  • profit
  • earnings
• Energy/environment

  MOL inaugurates gas processing plant in Pakistan

  

  Hungarian oil and gas company MOL on Tuesday said its Pakistani unit inaugurated a USD 15 million gas processing plant near Kohat, in the north of the country. Pakistani Prime Minister Shahid Khaqan Abbasi participated at the ceremony.

   Wed, Mar. 28, 2018, 08:51

  • mol
  • gas
  • pakistan
  • processing
  • abbasi
• Business

  MOL board proposes HUF 127.5 per-share dividend

  

  The board of Hungarian oil and gas company MOL will propose payment of a HUF 127.5 dividend on last yearʼs earnings at an annual general meeting on April 12, MOL was cited as saying on Monday by state news wire MTI.   

   Tue, Mar. 13, 2018, 10:55

  • mol
  • board
  • dividend
  • earnings
  • agm
• Energy/environment

  MVM, MOL announce big solar power investments

  

  The state-owned Hungarian Electricity Works (MVM) on Wednesday laid the cornerstone of a HUF 9 billion solar farm at Felsőzsolca (near Miskolc, northeast Hungary), said to be Hungaryʼs biggest. Meanwhile, oil and gas company MOL revealed that it will spend "several billion forints" to build three solar parks by yearʼs end.

   Thu, Mar. 1, 2018, 14:21

  • mvm
  • mol
  • solar farm
  • solar energy
  • investment
  • renewable
• Business

  MOL posts outstanding profit in fourth quarter

  

  Hungarian oil and gas companyʼs fourth-quarter net income rose 76% year-on-year to HUF 76.6 billion, lifted by higher revenues and a reduced financial loss, shows an earnings report released Tuesday morning and summarized by state news wire MTI.

   Tue, Feb. 20, 2018, 11:47

  • mol
  • earnings
  • profit
  • ebitda
  • revenue
  • loss
  • oil
  • gas
• Budapest

  Car sharing fills a niche in Budapest transport

  

  Recently launched car sharing services in Budapest are experiencing healthy demand on the market. Currently there are two players, and the competition has just begun, business daily Világgazdaság reported today.

   Thu, Feb. 8, 2018, 12:07

  • mol limo
  • greengo
  • car sharing
• Business

  Design Terminal to start new partnerships

  

  Design Terminal announced new corporate cooperation programs at its "Demo Day," the closing event of the non-profit, government-backed incubator’s mentoring program. Design Terminal says its goal is to create talent management programs for its partners that build bridges between corporations and startups.

   Fri, Feb. 2, 2018, 09:00

  • design terminal
  • startup
  • mol
  • E.ON
  • BlackRock
  • Knorr-Bremse
  • Union
• Energy/environment

  Hungarian team wins MOL Freshhh competition

  

  Hungaryʼs MOL Group held the live final of the 11th edition of its Freshhh student contest. The best seven international teams - from Hungary, Croatia, Slovenia and Nigeria – competed for final prizes, with the Hungarian team “Petronauts” coming out on top after a challenging battle, according to a press release sent to the BBJ.

   Wed, Jan. 31, 2018, 09:29

  • Freshhh
  • mol
  • contest
  • students
• Budapest

  MOL launches car sharing service

  

  Hungarian oil and gas company MOL yesterday launched its car sharing service MOL Limo in ten districts of Budapest within an area of 60 square kilometers with 200 petrol-driven and 100 electric cars. For registered clients, one hour of use costs about HUF 4,000.

   Fri, Jan. 26, 2018, 09:01

  • car sharing
  • mol
  • Limo
• Energy/environment

  MOL acquires more Norwegian exploration licenses

  

  Hungarian oil and gas company MOL has won three more offshore hydrocarbon exploration and production licenses in Norway, raising the total it owns in the country to 20, Minister of Foreign Affairs and Trade Péter Szijjártó said after talks in Tromso, Norway, on Tuesday.   

   Wed, Jan. 24, 2018, 14:08

  • mol
  • exploration
  • production
  • norway
  • license
  • szijjarto