MOL Group reported a profit before tax of $236 million in the second quarter of 2025, marking a 56% year-on-year decrease. The company's performance was impacted by a slowing regional macroeconomic environment.
MOL Group continues to diversify its oil supply sources by importing 85,000 tonnes of CPC oil and signing a commercial agreement with KazMunayGas (KMG).
MOL Group has recorded a pre-tax profit of $546 million, marking a 23% increase compared to the same period last year.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
MOL has also signed a Memorandum of Understanding with SOCAR to evaluate further potential cooperation opportunities in the area of hydrocarbon exploration in Azerbaijan.
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
The organization will spearhead multiple initiatives aimed at diversifying MOL Group's energy portfolio.
MOL Group Profit before tax reached $382 million in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year.
MOL produces 1600 tonnes of green hydrogen per year using electricity from renewable sources.
Parapet, the Romanian EPC contractor specialising in renewable energy, has announced the signing of seven new contracts with Italian green energy company, Alerion.
The Competition Council in Romania has issued a series of competition concerns regarding the planned acquisition of local retailer La Cocoș by the Schwarz Group.
The National Energy Regulatory Authority (ANRE) has approved the National Natural Gas Transmission System (SNT) Development Plan for 2024–2033, updated for 2025.
The EC has adopted a comprehensive transport package aimed at accelerating the roll-out of Europe's high-speed rail network and boosting investment in renewable...
Arobs, the largest Romanian tech company listed on the BVB, has purchased a 65% majority stake in Gess Engineering, a Romanian engineering company.