MOL Group

Nov 22, 2024 | process-worldwide.com | MOL Group

Business Strategy Related Vendors MOL Group has recently signed a cooperation agreement with Kazakhstani national oil company Kazmunaygas with an aim to jointly explore opportunities in the oil, gas and petrochemical sector.

Oct 25, 2024 | globalhydrogenreview.com | Adam Horvath |Sustainable Businesses |MOL Group |Callum O'Reilly

MOL Group is taking strategic steps to build expertise in green hydrogen production through pilot projects, paving the way for a more significant commitment to the sector. MOL aims to deploy at least 100 MW of electrolyser capacity by 2030, focusing on decarbonising its opera-tions and supplying clean fuels to the mobility market. As an initial step, MOL is launching pilot projects in its three core countries: Hungary, Croatia, and Slovakia.

Oct 17, 2024 | process-worldwide.com | MOL Group

Strategic Partnership Related Vendors Under a MOU signed between the MOL Group and Turkish Petroleum Corporation, both the firms will work together as strategic partners to explore and produce hydrocarbons.

Sep 24, 2024 | process-worldwide.com | MOL Group

Business Strategy Related Vendors MOL Group along with its joint venture partners Socar and BP have entered into commercial agreements for the development of gas reserves in the Azeri-Chirag-Deepwater Gunashli (ACG) field in Azerbaijan. MOL is the third largest shareholder in the ACG field, where non-associated gas reservoirs were identified beneath and above the oil producing reservoirs.

Sep 6, 2024 | process-worldwide.com | MOL Group

Clean Fuels Related Vendors Located at MOL’s Százhalombatta refinery in Hungary, the 10 MW facility is claimed to be the largest green hydrogen plant in Central and Eastern Europe. The plant is expected to produce 1,600 tonnes of clean, carbon-neutral green hydrogen per year which will be used for fuel production.