MOL

MOL refinery fire under control as Hungary assesses impact on fuel supply Read More »

MOL refinery fire under control as Hungary assesses impact on fuel supply

Hungarian oil and gas company MOL announced that it has started restarting unaffected units at its Danube refinery after a major overnight fire. Fire crews remain on-site as safety inspections continue. The company confirmed that the fire is now under control, the area has been secured, and an investigation has been launched to determine the […]

Serbia: MOL to expand Sremski Karlovci fuel storage terminal, strengthening energy infrastructure Read More »

Serbia: MOL to expand Sremski Karlovci fuel storage terminal, strengthening energy infrastructure

Hungarian oil company MOL is set to expand its fuel storage terminal in Sremski Karlovci through a new round of investment. The expansion involves acquiring additional land from Dunav Oil and partnering with Naftachem, which will oversee construction and project execution. The move is expected to significantly increase MOL’s storage capacity in Serbia and reinforce

Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations Read More »

Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations

Tensions between Hungary and Croatia appear to be easing after a period of sharp accusations, during which Croatian authorities were accused of benefiting from the war in Ukraine and sanctions on Russia. State-owned Croatian oil pipeline operator JANAF confirmed that Hungarian company MOL will send representatives to Zagreb next week to start negotiations on importing

Region: MOL warns JANAF pipeline fails to prove reliable capacity for supplying Hungary and Slovakia Read More »

Region: MOL warns JANAF pipeline fails to prove reliable capacity for supplying Hungary and Slovakia

Last week, Hungarian oil company MOL and Croatian state-owned transporter JANAF conducted joint tests on the JANAF pipeline, but results did not confirm that the system can sustain long-term crude oil flows to Hungary and Slovakia. According to MOL, the pipeline was only able to operate at the required capacity for short periods of one

Croatia: JANAF denies MOL claims, confirms full pipeline capacity for central European refineries Read More »

Croatia: JANAF denies MOL claims, confirms full pipeline capacity for central European refineries

State-owned oil transport company JANAF has firmly rejected claims by Hungary’s MOL Group regarding alleged technical issues during capacity tests on the oil pipeline segment from the Sisak Terminal to the Hungarian border in September 2025. JANAF specifically dismissed suggestions that it cannot meet the annual crude oil needs of MOL’s two Central European refineries.

Hungary: MOL and O&GD begin production from new Galgaheviz oil well Read More »

Hungary: MOL and O&GD begin production from new Galgaheviz oil well

Hungarian energy company MOL, in partnership with Dutch-owned O&GD, has started production from a new oil discovery near Galgaheviz at a depth of approximately 2,400 meters. The Galgaheviz-4 well delivers around 1,000 barrels of crude per day, which will be processed at MOL’s Szazhalombatta refinery. The well is expected to contribute roughly 0.5% of MOL

Hungary: MOL launches 3D survey to explore geothermal energy at Danube refinery Read More »

Hungary: MOL launches 3D survey to explore geothermal energy at Danube refinery

MOL has begun an advanced 3D seismic survey at its Danube refinery and surrounding areas to assess the potential for geothermal energy resources. The project is part of the company’s strategy to integrate cleaner and more sustainable energy solutions into its refining operations. The survey aims to locate underground reservoirs with water at suitable depth

Hungary: MOL CEO criticizes EU energy policy, warns against overreliance on LNG plans Read More »

Hungary: MOL CEO criticizes EU energy policy, warns against overreliance on LNG plans

MOL Group CEO Zsolt Hernadi has questioned the course of European Union energy policy, arguing that the company’s strong performance is rooted in its refining capacity, logistics network, and retail presence rather than any dependence on Russian crude oil. Hernadi criticized the European Commission’s goal of ending Russian natural gas imports by 2027, calling the

Croatia: MOL and JANAF clash over crude oil pipeline capacity and pricing amid regional energy tensions Read More »

Croatia: MOL and JANAF clash over crude oil pipeline capacity and pricing amid regional energy tensions

Despite recent testing conducted in June on the JANAF crude oil pipeline, the assessments offered by Hungary’s oil and gas group MOL and Croatia’s pipeline operator JANAF have revealed a sharp divergence in views. MOL maintains that it requires firm guarantees of uninterrupted oil delivery through Croatian territory at competitive rates—assurances it claims JANAF has

Slovenia: MOL reconsiders operations amid new fuel price regulations Read More »

Slovenia: MOL reconsiders operations amid new fuel price regulations

Hungarian energy company MOL has raised concerns over Slovenia’s recent changes to fuel pricing regulations, warning that the new policy could destabilize the fuel market and compromise supply security. In a public statement, MOL announced it is reviewing its planned investments and business activities in Slovenia, though no specific decisions have been disclosed yet. The

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