Tag: mol

The Nabucco Consortium has on submitted a proposal to the Shah Deniz II Consortium for the construction of a “Nabucco West" pipeline, which would bring Caspian gas from the Bulgarian-Turkish border... 

(Adds details, charts) Hungarian oil and gas group MOL reported much stronger figures for the first quarter of 2012 than what the market expected, which can be attributed to a pleasant surprised caused... 

Hungarian energy group MOL is to lower the wholesale list price of gasoline and diesel by HUF 5 and HUF 3 per litre, respectively on Wednesday, Portfolio.hu has learned on Monday. The move comes on the... 

Analysts project a major decline in the first-quarter profit of Hungarian fuels group MOL. They expect to see a decline in all of MOL’s key segments, but we need to note that the base period had... 

Hungarian oil and gas group MOL has announced on Friday the spud of Bakrman-1 exploration well in the Kurdistan region of Iraq. This is the third exploration well in the Block. The well is situated... 

Hungarian oil and gas group MOL is to invest further USD 250 million in Kazakhstan where an oil production project is expected to be launched in 2015. Preparatory works are led by MOL there, said Zsolt... 

Hungarian energy group MOL is to lower the wholesale list price of gasoline and diesel by HUF 10 and HUF 5 per litre, respectively on Friday, Portfolio.hu has learned on Wednesday. (Fuel price changes... 

Hungarian oil and gas group MOL is ready to opt out of the Nabucco gas pipeline project if necessary because it has serious concerns over it, MOL Chairman-CEO Zsolt Hernádi told a press conference on Thursday.... 

On the Board of Directors’ meeting held on 21 March 2012, and in the following stock exchange announcement, MOL’s BoD recommends to the General Meeting to pay HUF 45 billion as a dividend connected... 

Hungary's government on Monday unveiled the Széll Kálmán Plan 2.0, an updated version of the structural reform plan presented about a year ago. The government confirmed it would withdraw sectoral ‘crisis... 

Hungary’s Prime Minister Viktor Orbán said MOL, the country’s largest company by market capitalisation, is leaving the EUR 7.9 billion Nabucco natural gas pipeline project. He added, though... 

Hungary’s government has announced on Monday that it will not only maintain but also extend the income tax levied on energy producers. This measure is expected to bring HUF 55 billion to state coffers... 

Jefferies has lowered its target price for Hungarian fuels group MOL to HUF 17,000 from HUF 19,000 previously, while it has maintained its ‘Hold’ recommendation for the stock. The action... 

Hungary failing to strike a deal with the International Monetary Fund (IMF) on a credit facility would raise the risk of the government extending special industry taxes, said Zsolt Hernádi, Chairman-CEO... 

Bucharest’s Court of Appeal has rejected a claim by the Romanian unit of Hungarian fuels group MOL, Rompetrol Downstream and ENI Romania, in which they requested the cancellation of a record fine... 

The Board of Hungarian oil and gas group MOL has proposed dividends of HUF 45 billion from 2011 earnings. This is the first dividend after three years, but Deutsche Bank is not entirely content with it... 

The Board of Directors of Hungarian fuels group MOL has published what recommendations it will make to the company’s annual general meeting on 26 April. The document shows that MOL is to pay HUF... 

Wood & Co. has on Wednesday raised its target price for Hungary’s MOL to HUF 23,300 per share from HUF 22,950, while it reiterated its ‘Buy’ rating for the oil stock. “On top... 

While ING’s analysts maintained their ‘Buy’ rating on Austrian fuels group OMV, Citigroup has kept is ‘Sell’ tag on the stocks. The common move they have made was to raise... 

Hungarian energy group MOL is to hike the wholesale list price of gasoline by HUF 5 and lower the price of diesel by HUF 4 on Wednesday, Portfolio.hu has learned on Monday. The opposite price change is...