Tag: Mol

MOL decided not to close 26 petrol stations in Hungary – Hungary, 21 May 2020

Hungarian oil and gas company MOL has decided not to close 26 petrol stations in Hungary or about 6 % of its country’s total, as it initially planned as one of the responses to lower fuel demand due to coronavirus pandemic. The statement from the company said that in the past few months, vehicle Full […]

MOL recorded 138 million euros loss in Q1 2020 – Hungary, 07 May 2020

Hungarian oil and gas company MOL recorded a net loss in the amount of 138 million euros in the first quarter of 2020, compared to a profit of around 138 million euros in the same period last year, mostly due to increased foreign exchange and inventory losses. The statement from the company said Full article […]

MOL’s refineries operating at 70 % capacity – Hungary, 05 May 2020

CEO of Hungarian oil and gas company MOL Zsolt Hernadi said that the company’s three oil refineries in Hungary, Slovakia and Croatia are operating at reduced capacity due to lower demand caused by the pandemic. The refineries operate at around 70 % capacity and all efforts are made in order to avoid Full article available […]