Hungary

BMI View: Refining margins in Europe may have improved in Q312, but this increase is a precarious one, resting on supply-side rather than demand-side factors. Margins could collapse... 2012-10-19

Successful fracture stimulation at Pg-10 and Pg-11a brings the commercial development of the Petişovci tight gas field closer, with production expected by mid-2012. Despite... 2011-11-25

UK-listed explorer Ascent Resources issued a drilling update for its Petişovci gas project in Slovenia on June 13 2011.

BMI View: Budapest's decision to buy back the stake in MOL from Surgutneftegaz comes as no surprise as the government has long declared its desire to limit Russia's influence on the... 2011-05-25

Hungarian oil company MOL has reported strong growth in net profits in Q111, on the back of high oil prices and record high levels of overall hydrocarbons production.

UK-listed explorer Ascent Resources has announced positive results from its Pg-11 evaluation well in Slovenia, giving credence to its claims that gas from the Petişovci-Lovaszi... 2011-02-17

UK-listed Ascent Resources has spudded an evaluation well in a Slovenian prospect after having substantially boosted its stake in the project to 75%.

Hungarian oil company MOL is attempting to increase its stake in Croatian oil company Industrija Nafte (INA) to give it majority control.

Ukraine and Belarus have signed a deal to use the Odessa-Brody pipeline to transport Venezuelan crude oil to Belarus's Mozyr refinery.

Ukraine and Belarus have signed a deal to use the Odessa-Brody pipeline to transport Venezuelan crude oil to Belarus's Mozyr refinery.