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MOL Hungarian Oil & Gas

Recent Articles

MOL Closes North Sea Deal with Wintershall
Tuesday, March 25, 2014 Hungarian oil and gas producer MOL closes its deal with Wintershall to acquire interest in 14 licenses in the North Sea.
MOL Launches 2014 Graduate Recruitment Program
Tuesday, March 11, 2014 Hungary's MOL is seeking 250 new graduates from around the world to join its 'Growww' graduate recruitment program.
MOL Sees Crude Output Declining In 2014
Tuesday, February 25, 2014 Hungary's MOL says its crude output will decline in 2014 before growing again next year.
Turkey's TPAO Says In Talks With Exxon, OMV, MOL For Joint Oil Exploration
Wednesday, February 19, 2014 Turkey is holding talks with international oil companies for joint oil exploration in Black Sea, the head of state-owned exploration firm TPAO says.
MOL Eyes More North Sea Deals - Chairman In Paper
Monday, December 16, 2013 Hungary's MOL plans to buy more North Sea assets after announcing its first deal in the region last week.
MOL Buys Oil, Gas Assets from BASF for $375M
Friday, December 13, 2013 Hungary's MOL agrees to buy North Sea oil and gas projects from BASF for $375 million.
Wintershall Divests $375M of Selected Assets in North Sea
Friday, December 13, 2013 Wintershall and MOL have finalized a transaction that includes oil and gas assets in the UK sector of the North Sea.
Hungary's MOL Posts 3Q Net Loss but EBITDA Up from Prior Quarter
Friday, November 15, 2013 MOL posts 3Q 2013 loss amid lower hydrocarbon prices and shrinking production.
MOL's Profit Rises Year-on-Year but Weaker Upstream Weighs
Tuesday, August 13, 2013 Hungarian oil and gas firm MOL sees quarterly profit up year-on-year, but lower than the previous quarter amid lower production.
Hungary Invites Bids for Oil, Gas, Geothermal Exploration
Friday, August 09, 2013 Hungary has invited bids from both foreign and domestic companies for seven new exploration licenses, four for hydrocarbons and three for geothermal exploration, as it looks to ease dependence on imports.
Nabucco to Make Binding Bid for Shah Deniz Field Soon
Friday, April 12, 2013 Nabucco Gas Pipeline International says it will submit its binding bid for the Shah Deniz gas field in Azerbaijan at the end of April.
MOL Plans to Produce 170,000+ Barrels a Day
Friday, November 16, 2012 MOL, Hungary's largest oil and gas firm, says it plans to increase production to between 170,000 and 180,000 barrels of oil equivalent per day by 2020.
Croatian Oil Find for MOL Subsidiary INA
Tuesday, September 11, 2012 Industrija Nafte reports that 600 barrels of oil per day flowed from its latest exploration well.
MOL Spuds Gulak-1 Well
Monday, July 23, 2012 MOL Hungarian spuds the Gulak-1 exploration well at the Akri-Bijeel block in Iraq.
Europe's Oil and Gas Firms Enjoy Robust Start to 2012
Friday, April 27, 2012 First quarter results released Friday from majors Eni and Total show Europe's oil and gas industry enjoyed a robust start to the year.
MOL Reports 'Strong Operational Results' for 2011
Friday, February 24, 2012 Hungarian oil firm aims to accelerate investment programs and focus more on Russia, Kazakhstan and Kurdistan.
MOL Hungarian Makes Oil Find
Tuesday, October 18, 2011 MOL Hungarian reported a crude oil discovery with the additional potential of associated gas has been made in Karak block, Pakistan.
MOL to Extend Upstream Portfolio to Romania
Wednesday, April 20, 2011 MOL has signed Concession Agreements with the Romanian National Agency for Mineral Resources for three exploration blocks.
MOL Subsidiary Spuds Well at Akri-Bijeel Block
Friday, March 25, 2011 Gulf Keystone announced that the Bekhme-1 Exploration Well has spudded on the Akri-Bijeel block in the Kurdistan Region of Iraq on March 21, 2011.
Pakistan Well Delivers for MOL
Monday, February 21, 2011 MOL has made an O&G discovery at exploratory well Tolang X-1, TAL block in Pakistan.