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MOL Newsletter
  • How Ukraine’s Lukoil ban threatens Hungary’s cheap Russian oil lifeline 26 Jul 2024 23:33 GMT

    … MOL, a Hungarian company operating in Hungary, Slovakia, and Croatia, receives discounted Russian oil … expanded Adria pipeline can supply: Hungarian Duna refinery (8 million tons… oil and oil products.  “This was crucial when Ukraine couldn’t receive fuel …

  • Slovakia offers solution to restore Russian oil flows through Ukraine 26 Jul 2024 20:51 GMT

    … and Hungarian refineries, after warnings that a partial halt could lead to fuel … , pressuring Hungarian and Slovak refineries that are owned by Hungary’s oil and gas group MOL … resolved, there will be a fuel shortage... a solution must be …

  • Minister: Hungary will protect its territory by every means possible 26 Jul 2024 16:54 GMT

    … Hungary would depend on this decision, he added. Gulyás noted that Hungarian oil … and gas concern MOL purchased crude based on … wanted Hungary to abandon its pro-peace policy. Asked if MOL could …

  • The EU should call Orbán’s oil bluff 26 Jul 2024 15:54 GMT

    … and economic interests. Hungarian oil company MOL, allied with Prime … domestic fuel prices.   Glaring loophole Since the oil ban … increase capacity. MOL, which operates refineries in Hungary and Slovakia, … Russian LNG and pipeline gas imports. EU member …

  • Hungary says it is being 'blackmailed' by Ukraine over oil flows 26 Jul 2024 11:45 GMT

    … said Ukraine could not block oil transits. "Ukraine is blackmailing … resolved, there will be a fuel shortage... a solution must be … Fitch Ratings said refineries in Slovakia and Hungary, owned by Hungarian group MOL, faced significant …

  • Hungary Seeks to Resolve Lukoil Spat to Avert Fuel Shortage 26 Jul 2024 10:28 GMT

    … a major Russian oil supplier before fuel shortages set in, … crude, so Hungary risks depleting its fuel reserves unless the … the minister said.   Croatian oil pipeline operator JANAF d.d … to satisfy the needs of Mol refineries. —With assistance from Jasmina …

  • Bulgaria offers help to Hungary after oil transit ban 26 Jul 2024 06:58 GMT

    … significant credit risks for refineries in both Hungary and Slovakia, according to … medium term. Fitch added that MOL Hungarian Oil and Gas plc, which operates all … import levels. For instance, MOL Hungarian Oil and Gas plc, which operates refining assets …

  • How Hungary and Slovakia might retaliate against Ukraine for sanctioning Lukoil 25 Jul 2024 18:19 GMT

    … to stop energy and fuel supplies to Ukraine and … Ukraine complements attacks on oil refineries, oil storage facilities and export … are demanding a full oil and gas embargo from the EU … only one refinery, which is part of the same Hungarian MOL structure. …

  • Hungary faces energy crisis, after Ukraine cuts off Russian oil deliveries 25 Jul 2024 06:44 GMT

    … themselves off Russian oil and gas, Hungary remains 70% dependent on … blackouts and fuel shortages. Ukraine’s sanctions on oil transiting its … oil giant Lukoil. Imports of Russian oil to Slovnaft, Slovakia’s key refinery controlled by Hungarian MOL …

  • Ukraine's decision to halt transit of Russian oil to Hungary, Slovakia unacceptable - official 23 Jul 2024 10:54 GMT

    … not receiving oil from the Russian oil company. Slovnaft, the only oil refinery in … barrels of oil a day, is owned by Hungary';s MOL. Hungarian Foreign Minister … that he had discussed uninterrupted oil and gas deliveries from Russia with Foreign …

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