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Mol Group

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…

MOL Increases Renewable Fuels with Significant Biofuel Production Boost

MOL supplies nine countries with fuel that includes biodiesel or bioethanol, and in some cases, other renewable materials. The Hungarian oil giant has been involved in biodiesel production since 2008 through Rossi Biofuel Ltd, significantly increasing the volume of biofuels…

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