Tag: Mol

Significant drop in electricity exports expected in 2020 – Bulgaria, 10 September 2020

Professor Valentin Kolev, dean of the Faculty of Electrical Engineering at Sofia University, said that as a result of the decline in electricity production due to the coronavirus pandemic, as well as low prices on international markets, Bulgarian power plants are becoming more uncompetitive. He n Full article available for subscribers of Energy NEWS service […]

MOL to cooperate with Meraxis on recycled plastics manufacturing – Hungary, 08 September 2020

The Swiss trading group Meraxis and Hungarian oil and gas company MOL are entering into a strategic partnership. They will be joining forces to forge ahead with the development and production of polyolefin re-compounds in the future. The aim is to develop and produce high-quality recycle-based compo Full article available for subscribers of Energy NEWS […]

MOL’s daily oil production at ACG block reached 8.2 million barrels – Hungary, 31 August 2020

Hungarian oil and gas company MOL produced 8.2 million barrels of oil per day from Azerbaijan’s Azeri-Chirag-Guneshli (ACG) block of fields in the Caspian Sea in the first half of 2020. MOL started production of Azerbaijani oil after acquiring the shares of US company Chevron in Azeri-Chirag-Gune Full article available for subscribers of Energy NEWS […]