Hungary
Companies
Following nearly a year of wrangling, claims and counter-claims, Austria's OMV has dropped its hostile takeover bid for Hungarian rival MOL. I
2008-08-06Companies
In its latest move to fend off unwelcome advances from Austrian suitor OMV, Hungarian group MOL has said it is holding advanced stage talks with Croatia's INA over a share swap...
2008-07-08Economy
A consortium led by Hungarian integrated oil company MOL has announced the discovered of an oil and gas field in the Federovskoye Block in north-western Kazakhstan.
2008-06-20Companies
The chief executive of Russian gas monopoly Gazprom, Alexei Miller, has announced that the company has now decided on the route of its planned South Stream gas pipeline.
2008-06-12Companies
Hungary's MOL has announced that its fully-owned Russian subsidiary Matyushkinskaya Vertikal has hit oil with an exploration well in the southern sector of the Ledovoye Block in...
2008-05-16Companies
Hungary's MOL has announced an 8.5% year-on-year (y-o-y) increase in its Q108 net income, to HUF65bn.
2008-05-15Companies
The companies developing Hungary's Makó Trough area have said that the fields may hold enough reserves to allow Hungary to start exporting gas to its European neighbours.
2008-05-07Companies
US major ExxonMobil has struck a deal with Canadian independent Falcon Oil and Gas to take operatorship of 75% of the Makó Trough production licence in Hungary.
2008-04-11



