Hungarian oil and gas group MOL reported a significant increase in its second-quarter revenue, primarily driven by substantially higher oil and gas prices and improved refinery margins.

Croatian oil pipeline operator JANAF and the MOL Group have signed an agreement for the transport of 2.05 million metric tons of crude oil throughout 2026. The deal was announced by the Croatian company.

MOL Plugee, MOL Group’s electric mobility service provider, is expanding its network of high-performance, ultra-fast electric vehicle charging stations across Hungary.

An energy expert discussed the partial resolution of problems for NIS with a potential buyer, while Minister of Mining and Energy Dubravka Đedović Handanović signed a shareholder agreement with MOL Group regarding future management of Naftno.

Serbia's Minister of Mining and Energy, Dubravka Đedović Handanović, signed an agreement with the Hungarian MOL group, outlining future management rules for Naftna Industrija Srbije (NIS) should MOL acquire a majority stake from Russian owners, pending US approval.

An international court has for the third time rejected Croatia's accusations of bribery against Zsolt Hernádi, chairman and CEO of MOL Group, confirming no corruption occurred.

Uzbekistan is actively engaging in discussions with several international groups, including Artibir Group, GECF, and MOL Group, to explore cooperation on energy projects, gas initiatives, and subsoil use. These talks aim to advance the country's resource development.

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.

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…

Thanks to soaring energy prices and margins, MOL Group achieved strong revenue growth and a multi-fold increase in net profit during the second quarter.

Shell has announced its intention to sell its stakes in BG Cyprus and the Aphrodite gas field to MOL Group, marking a significant transaction in the energy sector.

The MOL Group has successfully issued its first bond denominated in Polish zloty on the Polish market, raising 850 million zloty, equivalent to 198 million euros.

MOL Group, along with partners Repsol and Türkiye Petrolleri A. O. (TPAO), has signed a Production Sharing Agreement for an exploration area in the Mediterranean Sea, following its award. This project is seen as a milestone for energy security in Central and Eastern Europe.

All employees injured in the serious industrial accident at the MOL Group's petrochemical plant in Tiszaújváros, northern Hungary, have been discharged from the hospital. They are now continuing their recovery at home, while cleanup and investigation efforts proceed.

Έκρηξη και πυρκαγιά σημειώθηκαν το πρωί της Παρασκευής στο πετροχημικό εργοστάσιο της MOL Group στο Τίσαουϊβαρος της ανατολικής Ουγγαρίας. Οι μετοχές της ΜOL του μεγαλύτερου ενεργειακού ομίλου της…

MOL Group announced a pre-tax profit of $212 million in the first quarter, noting that positive effects from higher hydrocarbon prices were offset by crude oil supply instability and regulatory impacts.

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).

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.

MOL Group announced that negotiations with the seller of NIS and relevant authorities are progressing towards their final stages. The company is nearing a conclusion in its discussions regarding the acquisition.

Hungarian and Serbian media outlets have reported that the MOL Group has been granted an extension by OFAC to complete negotiations for the purchase of a majority stake in the Serbian Oil Industry (NIS).

Repsol has signed an agreement for oil exploration and development in a new area in Venezuela. Separately, MOL Group, Repsol, and TPAO have signed an agreement for offshore exploration in Libya.

The Mol Group has commenced gas production in an Azerbaijani oil field, marking its expansion into gas extraction in one of the world's largest oil-producing regions. This move diversifies the company's energy output.

Đerđ Bača, Executive Director for Strategy at MOL Group, stated at the Business Summit 2026 in Belgrade that negotiations for the acquisition of NIS are underway and progressing on three levels, with MOL aiming for a favorable agreement.

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.