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Hungary's MOL is looking, but "not in a rush" for further acquisitions - upstream VP
Hungary's MOL buys into Azeri oilfield, pipeline for $1.57 bln
Croatia's energy group INA reports 36% yr/yr fall in Jan.-Sept. profit
MOL Magyar Olajes Gazipari Nyrt, formerly known as MOL Plc, is a Hungary-based company active in the oil and gas industry. Its core activities include exploration and production of crude oil, natural gas and gas products; refining, transportation, storage and distribution of crude oil products at both retail and wholesale; transmission of natural gas; and production and sales of petrochemical product, such as gasoline, bitumen, olefin and polymer products, among others. Its business is divided into three divisions: Downstream, operating refineries, petrochemical plants, and filling station network supplied by logistics system; Upstream, comprising exploration and production assets; and Gas Midstream, engaged in gas transmission, storage and trading business. The Company forms a capital group with its subsidiaries, associated companies and joint ventures. It operates in around 40 countries in Europe, the Middle East, Africa and Asia. It operates ENI Romania as a wholly owned subsidiary.
Oil & Gas Operations
Oktober huszonharmadika u. 18.
Chairman of the Board of Directors, Chairman of the Executive Board and Chief Executive Officer
Zoltan Sandor Aldott
Chairman of the Supervisory Board
Group Chief Executive Officer and Member of the Board of Directors, Member of the Executive Board
Independent Vice Chairman of the Board of Directors
Attila Laszlo Chikan
Independent Deputy Chairman of the Supervisory Board
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Hungarian energy group MOL raised its 2020 profit guidance on Thursday to a range of $2.4-2.6 billion to reflect its acquisition of Chevron's stake in a giant oilfield in Azerbaijan.
Hungarian energy firm MOL is buying Chevron's stake in a giant oilfield in Azerbaijan for $1.57 billion, as U.S. majors retreat from the central Asian state after 25 years to refocus on production at home.
Russian oil producer Lukoil and Hungarian energy company MOL will sign a settlement deal over contaminated oil on Wednesday, Hungary's Foreign Minister Peter Szijjarto said on Tuesday.
The crown retreated on Friday along with other Central European currencies, even though the Czech central bank raised interest rates on Thursday, as emerging markets suffered amid the Turkish lira's plunge. Hungarian oil and gas group MOL shares jumped by 2 percent after...
Hungarian oil and gas group MOL reported a 29 percent annual drop in quarterly net profit on Friday because of a weaker than expected performance by its downstream business.
* Crown up as investors mull odds of 25 or 50 bps rate hike * Hungary, Polish PMIs show growth, currencies track EUR/USD * Budapest stocks hit record high on pre-earnings MOL gains * Kuna trades at weakest level since January By Sandor Peto and Jason Hovet BUDAPEST/PRAGUE...
The European Commission on Wednesday cleared 131 million euros ($154.12 million) of investment aid Hungary granted to oil and gas company MOL for expanding a plant in the North of the country.
* Czech central bank's post-hike comments were dovish-analysts * Czech crown gives up almost all of post-rate-hike gains * Loose ECB policy discourages monetary tightening-analysts * Romanian central bank holds fire, lifts inflation forecast * MOL shares hit 6-year high...
Czech electricity producer CEZ on Thursday firmed up its net profit forecast for 2017, getting nearly the full amount that had been expected from severing ties with Hungarian group MOL.
Czech utility CEZ said on Friday it would buy back nearly all its 2017 convertible bonds linked to MOL shares while selling most of its 7.5 percent stake in the Hungarian oil and gas group to pay the bondholders.
Croatia has stepped up plans to take full control of oil group INA by setting up a special group on Thursday to prepare a proposal for a buyout of Hungarian energy company MOL's 49 percent stake.
Hungarian oil company MOL could buy more petrol stations to take advantage of a shift in consumer demands from just refuelling to shopping and using services such as car-sharing, its chief executive tells German daily Handelsblatt.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.