Search
SUBSCRIBE

MOL

New Oil Field Discovered in Hungary

The Hungarian oil company MOL has announced that they discovered a new oil deposit 4,100 feet (1,250 metres) below ground in Western Hungary, near the village of Somogysámson. The deposit is able to produce up to 1,200 barrels of crude…

Bulgaria’s Schengen Membership and the Future of Hungarian–Bulgarian Cooperation

‘Hungarian Minister for National Economy Márton Nagy recently visited Bulgaria and met with President Rumen Radev, Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov, Minister of Economy and Industry Peter Dilov, and Minister of Tourism Miroslav Borshosh….

Hungary and Kazakhstan Strengthen Diplomatic and Economic Relations

Minister of Foreign Affairs and Trade Péter Szijjártó of Hungary has met with President Kassym-Jomart Tokayev Deputy Prime Minister Murat Nurtileu of Kazakhstan in Astana, Kazakhstan. This is the third of a series of high-level diplomatic meetings between the two…

MOL Executive Calls Out Western Hypocrisy on Russian Oil

Chief Operating Officer for the Hungarian oil company MOL György Bacsa recently spoke to the Financial Times about Western powers trying to pressure Hungary into giving up Russian oil imports, while they themselves continue to buy refined oil from Türkiye…
The city centre of Belgrade viewed from the Danube (Pixabay)

EU Enlargement and Energy Security — The Hungary–Serbia Relationship

Prior to the start of Hungary’s current presidency of the Council of the EU, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó stated that the country plans to initiate the opening of a new chapter in accession negotiations with…

MOL Group Finalizes Natural Gas Extraction Agreements in Azerbaijan

After months of negotiations MOL Group has finalized commercial agreements with its joint venture partners, Azerbaijani SOCAR and British BP, for the extraction of natural gas reserves in Azerbaijan. This positions the Hungarian oil and gas company as the third-largest…

MOL Prevents Potential Supply Crisis with New Russia–Ukraine Oil Agreement

MOL has signed agreements with oil shippers and pipeline operators to ensure the continuous transport of oil through the Druzhba pipeline from Russia….

Szijjártó Highlights Hungary–Bahrain Cooperation on Global Peace Efforts

During a joint press conference with his Bahraini counterpart Abdullatif bin Rashid Al Zayani, Minister of Foreign Affairs and Trade Péter Szijjártó emphasized that Hungarians particularly value those nations around the world that, like Bahrain, stand up so resolutely and…

Ukraine to Shut Down Druzhba Oil Pipeline in January?

According to Ukrainian presidential advisor Mykhailo Podolyak, Kyiv plans to shut down the Druzhba oil pipeline starting from 1 January 2025. This pipeline is a key route through which Russian oil reaches Europe, including Hungary, Slovakia, and the Czech Republic….
President of Uzbekistan Shavkat Mirziyoyev and President of Azerbaijan Ilham Aliyev hold a meeting at Ak Saray Presidential Palace in Tashkent, Uzbekistan on 23 August 2024.

Azerbaijani and Uzbek Green Energy to Be Exported to Europe through Hungary

Hungary has been proactive in building strong economic ties and investing in energy production in Kazakhstan, Azerbaijan, and Uzbekistan. Hungarian companies, such as MVM and MOL groups, play a key role in oil production in Kazakhstan and natural gas production…

Hungarian Conservative is a quarterly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.

ABOUT

GENERAL TERMS & CONDITIONS

PRIVACY POLICY

LOG IN

CONTACT

info@hungarianconservative.com

© Hungarian Conservative 2025

POWERED by BLACKDEVS

Search

About

SUBSCRIBE

Tired of browsing?

Choose the Hungarian Conservative newsletter. Sign up for free – cancel anytime.

By signing up, you consent to receive our newsletter and allow Hungarian Conservative to use your data for marketing purposes. You can unsubscribe at any time.