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Ocean Network Express will consolidate its East Asia and South Asia regional headquarters into a new Asia-Pacific headquarters in Singapore and centralize management of its East, West and South Africa markets in Dubai, effective April 1, 2…
MOL Group has expanded its renewable portfolio with a new solar park and energy storage facility in Hungary. Continue Reading
Hungarian energy giant MOL Group has inaugurated a new solar park and battery storage facility at its Algy? site, expanding the company's renewable energy portfolio in Central Europe. The project combines a 37.4-MWp solar park with a 20-MW…
Yusen Terminals will continue operating its marine terminal at the Port of Los Angeles through 2056 under a 30-year lease approved this week by the Los Angeles Board of Harbor Commissioners. The agreement also calls for Yusen, a unit of Si…
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Shell (LSE:SHEL) has agreed to sell its wholly owned subsidiary BG Cyprus, including its stake in t…
Shell has agreed to sell its wholly-owned subsidiary BG Cyprus Ltd to MOL Group of Hungary for $720 million, as the UK-based oil and gas supermajor targets to grow its LNG value chain. Shell on Friday announced the agreement with MOL Group…
JERA Contracts 4 Ammonia Carriers·rigzone.com This article was first published on Rigzone here JERA Co Inc has signed time charter agreements under which fellow Japanese companies Mitsui OSK Lines Ltd (MOL) and NYK Group will each provide…
Delfin to Proceed with US' First Floating LNG Project·rigzone.com This article was first published on Rigzone here Delfin Midstream Inc announced Wednesday a $5 billion investment to launch a Gulf Coast project that will be the United Stat…
Hungarian energy company MOL Group is expanding its Szarvas biogas plant with a new biomethane unit that will allow renewable gas to be fed directly into Hungary’s national gas network. The project, expected to be completed by the end of 2…
In a move that could signal further change in container shipping, Ocean Network Express announced founding Chief Executive Jeremy Nixon is stepping down in a planned leadership transition. Till Ole Barrelet, CEO of Emirates Shipping Line,…
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Repsol (BME:REP) is leading a new offshore exploration venture in Libya with MOL Group and Türkiye…
Hungary’s MOL Group is entering Libya’s upstream sector through a joint offshore exploration venture with Repsol and Türkiye Petrolleri A.O., marking its latest move to expand its international footprint. The consortium won the right to ex…
Mitsui O.S.K. Lines (MOL) said that it had appointed a new executive team to succeed Takeshi Hashimoto atop the Japan-based ocean container carrier. Jotaro Tamura will succeed Hashimoto as president and chief executive, effective April 1,…
Hungary’s MOL Group has signed a new strategic partnership with Libya’s National Oil Corporation (NOC), marking a fresh step in the company’s push to expand its international upstream footprint and diversify crude supply sources. The Memor…
BELGRADE, Serbia (AP) — Hungary's MOL Group energy company said on Monday they have signed a preliminary agreement to buy a 56.15% stake in Serbia's Russia-owned main oil supplier that has been sanctioned by the United States. MOL Group sa…
The Serbian refinery has been affected by sanctions targeting Russia (Andrej ISAKOVIC)·Andrej ISAKOVIC/AFP/AFP Serbia's energy minister said Monday that the Russian majority owners of the country's largest oil firm, which is under US sanct…
Clariant International Ltd AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR Clariant, a sustainability-focused specialty chemical company, today announced that the company received two claims for damages against four companies, including Clarian…
Hungarian oil and gas company MOL Group and Azerbaijan's state-owned energy company SOCAR have signed a production sharing agreement (PSA) for the exploration and production of hydrocarbons in the Shamakhi-Gobustan area of Azerbaijan. This…
By Dmitry Zhdannikov and Marek Strzelecki LONDON, Dec 4 (Reuters) - Hungary's MOL has told U.S. officials it is interested in buying international assets of sanctioned Russian oil major Lukoil, three sources familiar with the matter said…
Hungary has reported that oil flows from Russia via the key Druzhba oil pipeline have continued after it came under attack by Ukraine on December 1. According to Mol Nyrt, Hungary's main oil company, imported crude flows through the Transn…
NIS petrol stations are rejecting Visa and Mastercard payments (Andrej ISAKOVIC) Hungary will deliver more oil products to Serbia, its foreign minister said Wednesday, ahead of a shutdown of the Balkan nation's oil refinery, under US sanct…
The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving f…
ATHENS, Greece, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separa…
OMS Energy Technologies Inc. SINGAPORE, Oct. 13, 2025 (GLOBE NEWSWIRE) -- OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular good…
Oil storage tanks in the Morgah area of Rawalpindi, Pakistan. (Bloomberg) -- America’s most senior envoy in Pakistan has told the South Asian nation that US companies are showing “strong interest” in its oil and gas sector, after President…
* MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság press release [https://molgroup.info/en/investor-relations/investor-news/mol-group-releases-2025-half-year-report] (OTCPK:MGYOY [https://seekingalpha.com/symbol/MGYOY]): *…
MOL Group has reinforced its crude oil diversification strategy with the arrival of 85,000 tons of CPC (Caspian Pipeline Consortium) blend crude oil at the port of Omišalj, Croatia, alongside the signing of a new oil trading agreement with…
By Anita Komuves BUDAPEST, July 14 (Reuters) - Central European currencies edged lower and most stock indices were down on Tuesday as new lockdown restrictions in California and escalating U.S.-China tensions dampened investor's risk appet…
By Anita Komuves BUDAPEST, July 14 (Reuters) - Central European currencies edged lower and most stock indices were down on Tuesday as new lockdown restrictions in California and escalating U.S.-China tensions dampened investor's risk appet…
By Anita Komuves BUDAPEST, July 13 (Reuters) - The Polish zloty edged down along with other currencies in the region and the Warsaw stock market firmed slightly after incumbent president Andzej Duda was declared the winner of the president…
By Anita Komuves BUDAPEST, July 13 (Reuters) - The Polish zloty edged down along with other currencies in the region and the Warsaw stock market firmed slightly after incumbent president Andzej Duda was declared the winner of the president…
BUCHAREST, June 4 (Reuters) - Central European currencies fell on Thursday, with the crown and zloty leading regional losses, as investors focused on the European Central Bank's policy meeting, which is expected to approve more aid to the…
Chevron CVX sold its Azerbaijan oil assets to energy company MOL Hungarian Oil and Gas Plc in a $1.57-billion deal. The deal involves the sale of a 9.57% interest in the Azeri-Chirag-Deepwater Gunashli (“ACG”) oil fields (including interes…
By Anita Komuves and Jason Hovet BUDAPEST/PRAGUE, April 15 (Reuters) - Central European stock markets fell on Wednesday as optimism in global markets was dampened by a further drop in oil prices and corporate earnings reports that showed t…