(IN BRIEF) European energy ministers recently visited MOL Group’s green hydrogen plant in Százhalombatta, Hungary, Central Europe’s largest facility of its kind, during the Central and South-Eastern Europe Energy Connectivity (CESEC) meeting. The 10-megawatt plant produces 1,600 tonnes of green … Read the full press release
(IN BRIEF) MOL Group has updated its long-term strategy, “SHAPE TOMORROW,” aiming for carbon neutrality by 2050. The plan includes over $4 billion in green investments by 2030, focusing on renewable energy, efficiency improvements, and waste management. The company also … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Hungary, Industrial, Investment, Management, News
Tagged MOL Group, sustainability, Zsolt Hernádi
(IN BRIEF) MOL Group reported strong financial results for the first half of 2024, with a 19% year-on-year increase in profit before tax, driven by robust demand in Downstream, strong Upstream production, and retail expansion. Despite industry challenges, the company … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Hungary, Industrial, Investment, Management, News
Tagged economy, Financial, investment, MOL Group, Zsolt Hernádi
(IN BRIEF) Under the Hungarian EU Presidency, the Competitiveness Council gathered at MOL Group’s headquarters to discuss Europe’s industrial competitiveness amidst the green energy transition. Key stakeholders emphasized the need for collaborative policymaking and a supportive regulatory environment. Zoltán Áldott … Read the full press release
(IN BRIEF) MOL Group has initiated the application process for its renowned fresh graduate program, Growww, offering over 90 positions across 8 countries to young professionals eager to contribute to the energy transition. The program, which has attracted thousands of … Read the full press release
Posted in Business, Energy, Gas & Oil, Hungary, Industrial, Management, Media, News
Tagged energy transition, Growww Program, Lana Faust Križan, MOL Group, recruitment, young professionals
(IN BRIEF) MOL Group has announced its financial results for Q3 2023, reporting a clean CCS EBITDA of USD 976 million, a 33% decrease compared to the same period last year. Windfall taxes in the CEE region significantly impacted results, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Hungary, Industrial, Investment, Management, News
Tagged 2023 Financial Results, Financial, investment, MOL Group, Zsolt Hernádi
Construction has started on the 28-story “MOL Campus”, designed by Foster + Partners MOL hires Berlin-based KINZO studio for the interior design The new building will serve as the headquarters of MOL Group from 2021 For photos and videos of … Read the full press release
Posted in Construction, Energy, Gas & Oil, Hungary
Tagged construction, headquarters, KINZO, MOL Group, Zsolt Hernádi
Freshhh is an international online competition for top students interested in the Oil & Gas industry Through Freshhh MOL aims to further engage with digital natives, offering them compelling potential career paths This year’s edition attracted 1,450 teams from nearly … Read the full press release
BUDAPEST, 13-Feb-2017 — /EuropaWire/ — MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in the 4th bid round in Hungary, doubling its exploration acreage in the country. MOL Norge participated … Read the full press release
More than EUR 300 million have been invested by Slovnaft in the new production unit and its components Low density polyethylene production capacity will reach 220,000 tons per annum The contractor was a Maire Tecnimont Group, Italy After successful technology … Read the full press release
Posted in Chemicals, Investment, Slovakia
Tagged Alfred Talke, Fabrizio Di Amato, LDPE4, Miroslav Obert, MOL Group, Oszkár Világi, production of low density polyethylene, Slovnaft
MOL Group has successfully acquired 125 Agip service stations in Czech Republic and 41 service stations in Slovakia from ENI Retail network expansion confirms MOL Group’s leading role in CEE MOL Group’s retail network grows to more than 1900 service … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Hungary, Management, Retail, Slovakia
Tagged Agip, Eni, Lars Höglund, MOL Group
New Regional Office to centralize MOL’s activities in the Middle East and Africa region Former CEO of Kalegran Ltd. Majdi Ahmad appointed as regional director Local communities and experts to benefit from MOL’s experience in the region BUDAPEST, 17-6-2014 — /EuropaWire/ … Read the full press release
Posted in Business, Energy, Gas & Oil, Hungary, Management
Tagged Alexander Dodds, Dr. Majdi Ahmad, Erbil, Kurdistan Region of Iraq, MOL Group
Kassel/Budapest, 28-3-2014 — /EuropaWire/ — Wintershall, a 100% BASF subsidiary, is optimizing its portfolio with today’s financial closing of the transaction with the Hungarian MOL Group. Through Wintershall’s divestment of shares in selected assets on the UK Continental Shelf, MOL Group acquires 14 … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Hungary, Management
Tagged BASF, MOL Group, Rainer Seele, Wintershall
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