Serbia has expressed support for ongoing negotiations between Russian owners of its sanctioned oil company NIS and Hungary’s MOL, aiming to find a solution to lift sanctions, local media reported.

SOCAR and MOL Group have signed a Production Sharing Agreement (PSA) for exploration and production activities in Azerbaijan’s Shamakhi–Gobustan area.

Hungary’s energy group MOL has expressed interest to U.S. officials in acquiring international assets owned by sanctioned Russian oil producer Lukoil, according to three sources familiar with the matter. The company joins a growing pool of potential buyers as Lukoil faces a tight deadline to divest its foreign holdings.

The State Oil Company of the Republic of Azerbaijan (SOCAR) and the Hungary's MOL Group signed Tuesday an agreement on key terms for an exploration, development, and production sharing agreement for a new onshore area covering the Shamakhi-Gobustan regions of Azerbaijan.

Türkiye’s state-run Turkish Petroleum Corporation (TPAO) and Hungary’s MOL have signed an agreement to launch joint oil and natural gas exploration and production at two sites in Hungary.

The State Oil Company of Azerbaijan (SOCAR) and MOL Group, a Hungarian oil and gas company, on Friday signed a Memorandum of Understanding on exploration, development, and production in the Shamakhi-Gobustan field.

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that on May 15, it held a naming ceremony for a newbuilding LNG carrier, the Greenergy Ocean, for CNOOC Gas & Power Singapore Trading & Marketing Pte., wholly-owned by China National Offshore Oil Corporation (CNOOC), at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong).