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Energy

Hungary stops, Croatia continues probe of MOL chief Hernádi in graft case

Hungary’s Chief Prosecutor’s Office announced on Monday that it ended an investigation of the "MOL-INA affair" because of a lack of evidence. Croatia’s anti-corruption agency USKOK said it has received no formal notification from Hungarian authorities and that the decision does not affect the... 

Hungary MOL to cut diesel price this week

Hungarian energy group MOL is to reduce the wholesale list price of diesel by HUF 5 per litre on Wednesday... 

Hungary MOL announces testing results, spudding of Iraqi wells

Hungarian oil and gas group MOL has on Monday announced initial target results of Shaikan-4 appraisal... 

Hungary MOL denies report on plan to divest Syrian fields of INA

Croatian daily Jutarnij List wrote on Wednesday, citing unnamed sources, that Hungarian fuels group MOL... 

Hungary fuel prices to be raised to new record high on Wednesday

Hungarian energy group MOL is to hike the wholesale list price of gasoline and diesel by HUF 4 and HUF... 

MOL rating unaffected by Hungary downgrade to junk, as n-t cash flow remains solid - Fitch

Fitch Ratings has announced on Tuesday that the ratings of Hungarian oil and gas group MOL are unaffected... 

Hungary's MOL: Exploration hit the wall at Bekhme-1 well, Iraq

Hungarian energy group MOL has said it did no detect the presence of hydrocarbons of a quality suitable... 

Hungary MOL target price upped by Goldman Sachs

Goldman Sachs has raised its price target from HUF 19,200 to 21,500 on Hungarian energy group MOL stocks... 

Shell pulls out of Syria - What are the implications for INA and Hungary's MOL?

Royal Dutch Shell announced on Friday that it will cease operations in Syria to comply with the latest... 

ANALYST VIEW - UBS downgrades Hungary's MOL, cuts TP over Syria

UBS has on Friday downgraded Hungarian fuels group MOL to ‘Neutral’ from ‘Buy’... 

Slovak unit of Hungary's MOL to embark on EUR 300 m investment

Slovnaft, a Slovak refinery controlled by Hungary’s MOL Group, plans to implement three large investment... 

Hungarian MOL's Slovakian unit seeks to grab quarter of Czech retail market - paper

Slovakian energy company Slovnaft, a member of Hungary’s MOL Group, is aiming to obtain a 23-25%... 

Hungary MOL may agree to lower payments in Syria to avoid further production drop - KBC (2)

(Adds clarification of comment by KBC) Hungarian oil and gas group MOL is in negotiations with the Syrian... 

Shell leaves Kurdistan oil talks, FT says - Possible negative for Hungary's MOL

Royal Dutch Shell has pulled out of oil-development talks with the Kurdistan Regional Government in an... 

Hungary MOL posts profit in Q3 while market expected loss (2)

(Adds details, charts) Hungarian fuels group MOL reported lower-than-expected operating profit and EBITDA... 

Forint easing pushed Hungary's MOL into the red in Q3 - Portfolio.hu Poll

Hungarian fuels group MOL will report a considerable decline on its main rows of its third-quarter earnings... 

Croatia names Hungary MOL chief Hernádi as suspect in graft case

Croatia is investigating the head of Hungarian oil group MOL, Zsolt Hernádi, as a suspect in a corruption... 

Hungary diesel price jumps sky high, will rise further in January 2012

The price of diesel has gone up by 16 forints per litre in Hungary due to the raise of the excise tax... 

Croatia asks state attorney to protect country interests in INA

The Croatian government asked the state attorney's office on Thursday for measures to protect Croatia's... 

MOL launches EUR 600 m power plant investment in Hungary with CEZ

Hungarian fuels group MOL and Czech energy group CEZ will build a combined cycle gas turbine power plant... 

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Commentary

ANALYST VIEW - UBS downgrades Hungary's MOL, cuts TP over Syria

UBS has on Friday downgraded Hungarian fuels group MOL to ‘Neutral’ from ‘Buy’ previously and cut its target price for the oil... 

Shell leaves Kurdistan oil talks, FT says - Possible negative for Hungary's MOL

Royal Dutch Shell has pulled out of oil-development talks with the Kurdistan Regional Government in an effort to protect lucrative investments in southern... 

ANALYST VIEW - IPOPEMA keeps 'Buy' tag on Hungary's MOL, cuts TP to HUF 22,100

After recent declines in the share price of oil companies in the region analysts at IPOPEMA have become upbeat about these firms. Their favourite is Poland’s... 

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Views and Interviews

Secret deals behind Hungary buying Russian stake in MOL?

It was the government’s decision to buy the 21.2% stake of Russia’s Surgutneftegaz in Hungary’s MOL,but it is yet to be seen whether... 

Hungary's MOL seen taking fuels prices higher this week

Portfolio.hu sees Hungarian fuels group MOL increasing likely to hike its fuel prices this week, especially in case of diesel oil. In US dollar terms... 

Hungary MOL posts gigantic net profit in Q2, causes little surprise (2)

(Adds details, charts) Hungarian oil and gas group MOL has reported larger-than-expected profits for the second quarter, in which period financial gains... 
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Latest news

16:45 | Hungary budget may be at risk due to Malév collapse

16:04 | Hungarian airline Malév gives up, flies no more

15:51 | Ryanair rushes to open Budapest base in void left by Malév mishap

14:57 | Hungary forint firms through the roof - Too much maybe? - Portfolio.hu Fund Manager Survey

13:35 | ILFC to fly back Malév-leased aircraft to Irish base this afternoon - MTI

12:39 | Wizz Air responds to Hungary Malév collapse with 66% capacity boost

12:05 | Travel Service not interested in taking over Hungary's Malév anymore

09:05 | ANALYST VIEW - Erste ups target price, keeps 'Buy' rating for Hungary's Richter

16:43 | Hungarian banks to lose EUR 717 m on FX loan fix scheme - Patai

14:54 | Hungary OTP becomes top pick of local fund managers

14:00 | How further could the forint depreciate? (x)

13:30 | Hungary Richter to report massive profit decline for Q411 - Portfolio.hu Poll (adds consensus for Egis)

12:01 | Hungarian igm unit in EUR 2.9 million capacity boost programme

11:32 | Hungary Socialists overtake far-right Jobbik in popularity contest - poll

09:27 | ANALYST VIEW - Erste ups target price, keeps 'Hold' rating for Hungary's Magyar Telekom

09:12 | Hungary Malév gets state receiver

16:22 | Erste sees no bigger hit by Hungary FX loan scheme than expected

15:41 | EU blocks proposed merger between Deutsche Börse and NYSE Euronext - Door opens for Xetra in Budapest?

14:30 | Hungary prepares for possible stop of Malév flights

14:06 | IMF does not propose Hungary to eliminate transport subsidies - Ivaschenko

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