MOL to spend $1 billion on acquisitions this year
Hungary's largest firm MOL Nyrt. is set to spend $1 billion in acquisitions with an upstream focus this year, its chief executive said Thursday. MOL, a regional oil and gas explorer and refiner, is aiming to boost its oil and gas production in Iraq's Kurdistan region, in the North Sea in Europe, as well as […]Veronika Gulyas reports for The Wall Street Journal:
Hungary's largest firm MOL Nyrt. is set to spend $1 billion in acquisitions with an upstream focus this year, its chief executive said Thursday.
MOL, a regional oil and gas explorer and refiner, is aiming to boost its oil and gas production in Iraq's Kurdistan region, in the North Sea in Europe, as well as in Croatia and Hungary, József Molnár said at the company's annual general meeting.
