Lime Petroleum, a subsidiary of Singapore’s Rex International Holding, has swooped in for a pair of assets in the North Sea.
The Petrochemical & Refining Congress, co-hosted by Neste, celebrates its 5th Anniversary on 17-19th of May.
Oil companies, EPCs, refineries, pipeline operators and drilling contractors will join the AUTOMA Congress next April to discuss the asset management approaches in Upstream, Midstream and Downstream markets.
Extraordinary times call for extraordinary solutions. In response to the travel constraints in Europe, BGS Group, the organizer of PRC Europe 2020, has announced the launch of a new virtual platform - BGS online.
Drilling firm Valaris is set to undertake drilling and subsea work at Premier Oil's North Sea Catcher field next week.
A Croatian court convicted the head of Hungary’s biggest energy group on bribery charges relating to the acquisition of the Balkan nation’s oil company, complicating what’s been one of eastern Europe’s most intractable cross-border corporate conflicts of the past decade.
Maersk Drilling has announced the award of a multi-million exploration deal with Hungarian firm MOL in the Southern North Sea.
Hungarian oil firm Mol Group has confirmed today that it will buy up Chevron's mid-stream interests in Azerbaijan for more than £1.2 billion.
Deloitte has further boosted its Aberdeen-based practice with the announcement that Sarah McGavin has rejoined the firm as an audit director.
Production from the UK North Sea’s Catcher area helped Hungarian oil firm Mol Group lift its upstream earnings by almost 50% last year.
Budapest-based MOL Group has today announced an agreement to buy Eni Croatia BV.
Hungarian oil firm MOL Group said it owed an upsurge in 2017 profits to “strong financial and operational delivery” across the business.
Hungarian oil firm MOL Group is weighing up the sale of its UK North Sea business, just four years after its arrival in the basin, a news report said.
Hungarian oil firm MOL Group has expanded its footprint in Norway with the acquisition of four licences.
EnQuest has announced that first oil from the North Sea Scolty/Crathes development was today achieved under budget and ahead of schedule.
An international arrest warrant which had been put out for the head of Hugary's MOL Group has not been renewed.
A former senior vice president at MOL Group has joined private equity-backed Azimuth to lead commercial aspects of the company's global upstream drive.
North Sea firm MOL Group increased its profits by a fifth in the first half of 2016 thanks to a record return from its downstream business. MOL, based in Budapest, Hungary, said the segment achieved earnings before interest, taxes, depreciation, and amortization (Ebitda) of 209billion Hungarian forints (£570million) on the back of strong petrochemicals and retail performance. But low oil prices saw MOL suffer a 20% drop in its upstream income – despite an 8% rise in average daily hydrocarbon production.
MOL Group said it has completed its acquisition of Eni's downstream business in Hungary.
MOL Group said it has successfully started its test production in two of its gas fields in Croatia.
Hungary's MOL Group announced a new gas discovery in the MOL operated TAL block in Pakistan, the company’s 13th discovery in the country and the ninth discovery in the TAL block.
North Sea firm MOL Group more than doubled first quarter profits after its global oil and gas production surged to its highest level since the final quarter of 2012.
Oil and gas producer MOL posted a big jump in first-quarter profit, despite a big drop in its E&P (exploration and production) business performance.
Hungarian energy group Mol said it will scale back investment and target lower earnings after plunging oil prices caused a revaluation of its assets and led to a fourth-quarter loss.
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