Tags MOL Group
Tag: MOL Group
MOL reported a net loss of 152 million US dollars since January. April brought challenges and difficulties in all segments, showing the real and full-blown effects of the pandemic crisis.
MOL approved the crisis management proposal regarding dividends and the company will retain after-tax profits from 2019 fully until the situation normalises.
MOL has successfully closed the deal with Chevron for the acquisition of their non-operated E&P and mid-stream interests in Azerbaijan.
Europe’s top renewable energy organisations launched the Renewable Hydrogen Coalition to position Europe as the world leader in renewable hydrogen, produced via electrolysis and based on 100% renewable electricity.
László Örlős, Managing Director of Hungary’s Western Balkans Green Centre writes about the Western Balkans in which, despite the strong commitment to increase their renewable energy quota, fossil-fired plants continue to play a key role.
The Hungarian Energy and Public Utilities Regulatory Authority issued the construction permit for the Paks II nuclear power plant which will play a key role in the country’s carbon-free energy production.
BIF IV Europe Holdings in cooperation with Mansa Investments, intend to launch a tender offer for 100% of the shares in Polenergia, advised by Dentons, in a move to delist the company from the Warsaw Stock Exchange.