13 stories found
The MOL Group, which includes Slovnaft, announced a gross profit of €180 million for the first quarter of 2026, despite geopolitical disruptions and refinery issues, while also investing €153 million in a new product pipeline between Slovakia and Hungary.
At its annual general meeting, MOL Group shareholders approved the Board of Directors' report on financial results for 2025 and consolidated financial statements. The assembly decided on a dividend payment totaling 241 billion forints, equivalent to approximately 600 million euros.
MOL Group and Slovnaft have filed another formal complaint with the European Commission's Directorate-General for Competition, alleging that Janaf is abusing its pricing.
Croatia's Ministry of Economy and Sustainable Development (MINGO) views MOL Group and Slovnaft's complaint against Jadranski naftovod (Janaf) to the European Commission as a serious inconsistency towards partners.
Hungarian oil and gas group MOL has not abandoned its plans to acquire Lukoil's operations in Bulgaria and Romania, according to CEO Zsolt Hernádi.
The Mol Group has announced a significant reduction in its profits, reporting a halved profit for the period. Despite this, the company stated it will not alter its strategic goals set for 2026.
The US Treasury's OFAC has extended the deadline and granted approval for Hungary's MOL Group to negotiate the acquisition of a majority stake in Serbian oil company NIS until May 22, as Gazprom and Gazprom Neft are required to sell their shares due to US sanctions.
Mol Group has brought forward its general meeting to April 10, allowing shareholders to vote on the dividend two days before the elections, a move that could influence investor sentiment.
If the amount of importable raw materials available in the region declines, this will lead to an imbalance in the market, which will always have the effect of pushing up prices, the MOL Group’s…
The CEO of MOL Group, Zsolt Hernádi, met with Serbian Energy Minister Dubravka Đedović Handanović in Belgrade to discuss the potential sale and future operations of the Serbian Oil Company (NIS).
Hungarian MOL group and Slovak Slovnaft have filed a new complaint with the European Commission's Directorate-General for Competition, alleging that Croatian pipeline operator Janaf is abusing its pricing, further escalating the ongoing dispute.
Hungary expects the contract for the transfer of ownership of the Oil Industry of Serbia (NIS) from Russian Gazprom Neft and Gazprom to the Hungarian company MOL Group to be signed in the coming days,...
MOL Group and JANAF have reached an agreement to commence long-term capacity testing on the JANAF gas pipeline, which will involve an international, independent monitoring team.