MOL Group achieved a pre-tax profit of $1.25 billion
Favorable oil and gas prices, as well as high refining margins, supported the result, which was boosted by two one-off items totaling $233 million.
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International integrated oil and gas company
molgroup.infoLast updated
In short: MOL secured U.S. authorization for NIS talks and signed a shareholder agreement on future governance
Favorable oil and gas prices, as well as high refining margins, supported the result, which was boosted by two one-off items totaling $233 million.
The expected amount to be reclaimed is approximately 133 billion forints (405 million US dollars), which will likely be paid out in 2026 after a final decision.
The investment, worth nearly 700 million euros and commissioned at the Rijeka refinery, enables the processing of heavier crude oil types and can increase diesel production by up to 30%.
Strong oil and gas prices, as well as outstanding refining and petrochemical margins, supported performance, while fuel price regulation worsened Consumer Services.
Hungarian player MOL almost triples net profits in third quarter on strong downstream and upstream performances...
Hungary's MOL Group has received an "additional licence in connection with the potential acquisition of ownership" in the Petroleum Industry of Serbia (NIS) from Russia's...
Investing.com -- Hungarian oil and gas company MOL Group reported second quarter 2026 earnings that beat analyst expectations, driven by stronger-than-expected refining performance.
The deal includes interest in the Chevron-operated Aphrodite natural gas field, which is estimated to contain 104 bcm of gas resources.
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