Search for MOL Magyar Olaj es Gazipari Nyrt and
  1. beyondbrics

    July 28, 2014

    Zagreb "enraged" by Hungary's Mol

    A long-running dispute between Croatia and Mol, the Hungarian oil and gas company, over control of Ina, Mol’s Croatian...

  2. June 16, 2014

    Flood of Russian diesel inflicts pain on European refiners

    Europe’s hard-hit refiners are about to suffer further pain. A sharp rise in Russian refining volumes has sent exports of...

Special Reports

  1. Investing in Turkey

    As Turkey tries to rein in its current account deficit and shift away from its heavy r...
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  1. December 13, 2013

    Hungary’s Mol buys licences for North Sea oil exploration

    Mol, the Hungarian oil and gas group, has bought 14 licences for offshore oil exploration and production in the North Sea...

  2. beyondbrics

    December 13, 2013

    Hungary's Mol makes first off-shore venture in North Sea

    Mol, the Hungarian oil and gas group, has acquired stakes in 14 oil exploration and production units in the North Sea for...

  3. December 8, 2013

    Mol dispute takes another twist with Budapest lawsuit

    The battle between Hungarian oil and gas producer Mol and the Croatian government for control of the Adriatic country’s...

  4. November 27, 2013

    Mol takes Zagreb to arbitration over Ina

    Mol, the Hungarian oil and gas company, has launched arbitration proceedings against the Croatian government for allegedly...

  5. beyondbrics

    November 12, 2013

    Hungary - Croatia: still to-ing and fro-ing over Ina

    By Tim Gosling of bne Croatian Economy Minister Ivan Vrdoljak has reiterated his government’s desire to buy out Hungary’s...

  6. October 17, 2013

    Mol-Ina marriage descends into acrimony

    The battle between Hungary’s Mol and Croatia’s Ina for control of the latter ranks as one of Europe’s most bitterly fought –...

  7. October 7, 2013

    Orbán’s talk of friendship does little to resolve Mol-Ina dispute

    For Viktor Orbán, the trenchant Hungarian prime minister who has long championed the expansion of “strong Magyar companies”...

  8. beyondbrics

    October 3, 2013

    Hungary-Croatia: truce over Ina?

    Mol, the Hungarian oil and gas group, offered what appears to be an olive branch to Croatia on Thursday in the ongoing row...

  9. September 27, 2013

    Croatian court issues detention order for Mol’s executive chairman

    A Croatian court on Friday issued a detention order for the executive chairman of Mol, the Hungarian energy group, adding a...

  10. July 3, 2013

    Russian oil shipments to Europe at 10-year-low

    Russian oil shipments to Europe have slumped to a 10-year low, forcing refineries across the continent to pay more for...

  11. June 25, 2013

    Croatia: A cool reception on arrival

    Just days after Croatia declared independence from Yugoslavia, Sandra Veic Sukreski, a young journalist from Zagreb,...

  12. May 28, 2013

    GDF Suez buys stake in Nabucco project in vote of confidence

    OMV, the Austrian oil and gas company, has sold a 9 per cent stake in the Nabucco natural gas pipeline consortium to GDF...

  13. April 11, 2013

    Inside Business: Hungary a nightmare for foreign groups

    Hungary has made headlines recently for constitutional changes that critics say could weaken democracy. For investors,...

  14. beyondbrics

    April 10, 2013

    Croatia's INA: pumped up

    A $400m credit deal signed by Croatian energy company INA gives it the opportunity to push ahead with long-term growth plans...

  15. December 2, 2012

    RWE set to quit Nabucco gas pipeline

    RWE, the German utility, is in talks to quit the Nabucco gas pipeline project it long championed, a move that would be a...

  16. November 21, 2012

    Tanap: Pipeline offers security with demand for energy growing

    In the world of natural gas, geography is everything. And for Turkey, located between the rich gasfields of the Caspian and...

  17. beyondbrics

    November 21, 2012

    MOL hits back at bribe verdict

    embed1 MOL, the Hungarian oil group, is sticking to its guns. In a statement on Wednesday the company categorically rejected...

  18. beyondbrics

    November 20, 2012

    Croatia: Sanader corruption verdict raises questions over Hungary's MOL

    Croatia’s efforts to attack corruption in advance of its imminent accession into the EU have claimed the scalp of former...

  19. beyondbrics

    February 24, 2012

    Hungary's Mol shaken by Syria

    There may be no obvious link with central Europe but the crisis in Syria is having a knock-on effect in Budapest. Mol, the...

  20. December 7, 2011

    Natural gas: North looks to tap into long-term export potential of vast reserves

    At night, a reddish glare surrounds Basra in hydrocarbon-rich southern Iraq. Yet the city has electricity for just four...

  21. beyondbrics

    October 28, 2011

    Hungary: Mol's €600m energy boost

    What with erratic government taxation policies, and a waning economy, investor confidence is not exactly high these days...

  22. September 20, 2011

    GKP raises $200m to fund Kurdistan exploration

    Gulf Keystone Petroleum, the Aim-quoted oil explorer, has raised $200m through a share placement to appraise the amount of...

  23. FT Alphaville

    September 16, 2011

    Gulf Keystone plots $200m fund raising

    Earlier this week Gulf Keystone Petroleum – the next super major oil company – spelled out its plans for the future. The...

  24. September 14, 2011

    Gulf Keystone to fund pipeline via block sale

    Gulf Keystone Petroleum, the oil explorer focused on the Kurdistan region of Iraq, is planning to sell a minority stake in...

  25. beyondbrics

    August 5, 2011

    Mol–Ina–Croatia; storm in an oil well

    Relations between the Croatian government and Mol, the Hungarian oil and gas company, are not too cosy at the moment. As...

  26. July 18, 2011

    Croat ex-PM extradited from Austria

    Croatia’s former prime minister, Ivo Sanader, was deported from Austria on Monday night to face probable corruption charges...

  27. beyondbrics

    July 5, 2011

    Mol shares hit by Croatia bribe claims

    embed1 A rollercoaster ride on Tuesday for shareholders in Mol, the Hungarian oil and gas company. Its shares plunged 4.6...

  28. beyondbrics

    June 21, 2011

    Croatia: in dispute with Mol

    embed1 By Neil MacDonald and Chris Bryant What’s the going rate to secure a controlling interest in a Balkan oil and gas...

  29. beyondbrics

    May 25, 2011

    Hungary's Mol: never again

    Hungary is taking no chances with control of Mol (MOL:BUD), the national oil company. After announcing a €2.88bn deal to buy...

  30. May 25, 2011

    Mol buy-back to cost €1.9bn

    Hungary is set to pay €1.9bn to buy back more than one-fifth of Mol, the oil and gas company, from Surgutneftegaz, the...

  31. January 28, 2011

    Court clears OMV chief of insider trading

    An Austrian court has acquitted Wolfgang Ruttenstorfer, chief executive of OMV, of insider trading after a high-profile...

  32. January 18, 2011

    INA falls after Mol offer expires

    INA shares fell as much as 8 per cent on Monday, before recovering, after an offer by Hungary’s Mol to acquire majority...

  33. January 13, 2011

    Azerbaijan backs gas pipeline for Europe

    Azerbaijan has given its backing to a plan to send “substantial volumes” of gas to the European Union, potentially easing...

  34. December 14, 2010

    Mol reveals intention to take control of INA

    INA shares surged when trading resumed after their suspension following an announcement by Mol that it intended to become a...

  35. November 18, 2010

    Austria charges OMV chief over purchase

    Austrian prosecutors have charged the chief executive of OMV, the country’s dominant oil and gas group, with insider trading...

  36. November 10, 2010

    Hungary tax move alarms investors

    Hungary on Wednesday alarmed investors when it revealed plans to retain a series of special taxes on banks and other key...

  37. October 22, 2010

    Hungary open to acquiring 21% stake in Mol

    Hungary is open to acquiring a 21.2 per cent stake in Mol from Surgutneftegaz, the secretive Russian group, to solve a...

  38. June 10, 2010

    Mol received illegal state aid

    Mol, the Hungarian energy company, received about €112m ($134m) of illegal state aid from the Hungarian government, European...

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