The Latest Breaking News from MOL

Japanese shipping line MOL has partnered with Turkish floating power generation company Karpowership to build a 73-megawatt floating data center.

After nearly 500 cubic metres of oil spilled from an old pipe, locals are demanding compensation and accountability from the Hungarian oil company.

Drivers in Hungary are running into gasoline and diesel shortages at filling stations as a government-imposed price cap squeezes independent stations and leaves the state energy company struggling to meet increased demand

A court in Zagreb has ordered five people to be kept in custody for a month for questioning over a suspected fraudulent trade deal that lost Croatia's oil and gas firm INA 1 billion kuna ($132 million), local media said on Monday.

Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday. International benchmark Brent crude jumped by $2 per barrel to trade near $98 as the news…

Several countries in Europe dependent on Russian energy are suffering another blow with confirmation that oil shipments have stopped through a critical pipeline

Hungary's government has extended a cap on some basic food and fuel prices until Oct. 1, while a cap on retail mortgage interest rates will remain in place until the end of the year, Prime Minister Viktor Orban said on his Facebook page on Thursday.

Heavy tug boats on Tuesday sprayed water on a ship off the coast of Portugal's Azore Islands which went on fire nearly a week ago carrying thousands of Porsches and Bentleys, an incident insurance experts said could result in $155 million in losses.