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Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Hungary: MOL Group reports 23% profit decline in 2024 amid market challenges, expands green investments

MOL Group has released its financial results for 2024, reporting a 23% decrease in profit before tax compared to the previous year, primarily due...

Hungary: MOL interested in purchasing Lukoil’s Neftochim refinery, raising concerns over Russian influence

Hungarian Prime Minister Viktor Orbán has announced that the Hungarian oil and gas company MOL is interested in purchasing Lukoil’s Neftochim refinery in Burgas,...

Hungary: MOL expands energy portfolio with gas plant and 66 MW solar project acquisition

Hungarian oil and gas company MOL has announced two major acquisitions in Hungary: the O&GD Central gas plant and a 66 MW solar power...

Hungary: MOL to build 48 MW solar plant, boosting renewable energy for petrochemical operations

MOL Petrochemicals, a subsidiary of MOL Hungary, is expanding its renewable energy capabilities with the construction of a 48 MW solar power plant, which...

Hungary: MOL Group reports Q3 2024 profit decline

Hungarian oil and gas company MOL Group reported a profit before tax of 503 million dollars for the third quarter of 2024, marking a...

Croatia: JANAF confirms take-or-pay contract with MOL amid transport and supply concerns

Vladislav Veselica, a member of the Management Board of state-owned oil transportation company JANAF, confirmed that the company has a take-or-pay contract with MOL...
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