Following the previous authorization from the US Treasury in early June, MOL noted that talks had made progress and that it expected to soon finalize transaction documentation ...

Hungary's energy company MOL obtained a license from the U.S. Treasury's OFAC to negotiate the purchase of Serbia's NIS oil ...

The US Treasury’s Office of Foreign Assets Control imposed sanctions on NIS as the US targeted Russia’s energy sector over the war in Ukraine. (EPA Images pic) The US Treasury’s Office of Foreign ...

BUDAPEST, June 16 (Xinhua) -- Hungarian oil and gas company MOL and the Serbian government on Tuesday signed a shareholders' agreement on the future governance of Serbia's oil company NIS, as MOL ...

Minister of Mining and Energy Dubravka Đedović Handanović signed today a Shareholders’ Agreement with MOL Group regarding the future governance of oil company Naftna Industrija Srbije (NIS). The ...

The Hungarian company and Serbia were able to resolve all outstanding issues before the deadline.

ATHENS, June 6 (Reuters) - Hungary's ⁠largest ⁠oil and gas ⁠corporation, MOL MOLB.BU, has been granted more time by the U.S. government to negotiate ‌the purchase of a ‌majority stake in Serbia's NIS ...

ATHENS, June 6 (Reuters) - Hungary's largest oil and gas corporation, MOL MOLB.BU, has been ‌granted more time by the U.S. ‌government to negotiate the purchase of a majority stake in Serbia's NIS ...

Economy Minister welcomes ruling dismissing Hungarian oil company's claims against Croatia over alleged breaches of Gas Business Agreement. MOL petrol station in Budapest, Hungary. Photo: EPA/ZOLTAN ...

TISZAUJVAROS, Hungary, May 22 - A pipeline explosion at Hungarian oil and gas group MOL's petrochemical plant in Tiszaujvaros that killed one person and injured several others was an industrial ...

Explosion at MOL's Tiszaujvaros Petrochemical Plant in Hungary Kills One By Krisztina Than and Marton Monus TISZAUJVAROS, Hungary, ⁠May ⁠22 (Reuters) - A pipeline explosion ⁠at Hungarian oil and gas ...

MOL facing May 22 U.S. deadline to complete deal Serbia will submit position to MOL on Friday MOL hopes U.S. open to deadline extension, executive says Sign up here. "We had intensive discussions with ...