MOL Plc
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About
MOL Group is an integrated, international oil and gas company, headquartered in Budapest, Hungary. It is active in over 30 countries with a dynamic international workforce of 26,000 people and a track record of more than 100 years in the industry.
Editor's note: Updated Nov. 4, 2019.
Transactions
Hungary’s MOL Exits UK Upstream in $305 Million Sale to Waldorf
Hungary’s MOL Exits UK Upstream in $305 Million Sale to Waldorf
Chevron Sells Stake In Giant Azeri Oil Field For About $1.6 Billion
Chevron Sells Stake In Giant Azeri Oil Field For About $1.6 Billion
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News
Chevron, MOL to Study CO2 Shipping from Singapore to Australia
A joint study agreement with shipping company Mitsui O.S.K. is Chevron New Energies' latest partnership to advance low carbon solutions worldwide.
Hungary’s MOL Exits UK Upstream in $305 Million Sale to Waldorf
MOL’s U.K. working interest production peaked above 18,000 boe/d in 2019 and has been falling in the last two years, according to the company release announcing the sale to Waldorf.
Best of This Week’s Drilling Activity Highlights (Oct. 30, 2020)
Two Weld County wells in the Wattenberg Field completed by Occidental Petroleum plus results from a Wilcox discovery by Exxon Mobil in the Gulf of Mexico top this week’s drilling activity highlights from around the world.
MOL Makes Gas, Condensate Discovery in Pakistan
The discovery was made in the TAL Block in Pakistan, MOL says.
Chevron Closes $1.6 Billion Sale of Stake in Giant Azeri Oil Field
MOL Plc, a Hungarian multinational oil and gas company, agreed to buy the asset, which consisted of Chevron’s nonoperating interests in the largest oil field in the Azerbaijan sector of the Caspian Basin.
Oil, Gas Companies Stepping Up During Coronavirus Pandemic
The following is a sampling of companies in the oil and gas industry stepping up during this COVID-19 pandemic to help make a difference, including BP, Chevron, Petrobras and more.
Best Of This Week’s Drilling Activity Highlights (Jan. 24, 2020)
A Marcellus Shale discovery by EQT, Marathon’s Upper Three Forks completion and two horizontal Woodford producers top this week’s drilling activity highlights from around the world.
Chevron Sells Stake In Giant Azeri Oil Field For About $1.6 Billion
Hungarian energy firm MOL is buying Chevron's stake in a giant oil field in Azerbaijan for $1.57 billion, as U.S. majors retreat to refocus on production at home.
Canada's Vermilion To Drill New Exploration Wells In Central Europe
Croatia is currently running two new tenders for oil and gas exploration in the north and in the mountainous southern region. . They are open until June and September, respectively.