Our History
2019
2019
- MOL remained a leader in sustainability in Central Europe and was selected as a component of the Dow Jones Sustainability indices for fourth year in a row
- MOL Group has acquired German recycled plastic compounder Aurora Group
- MOL agreed to purchase a stake in Azerbaijan’s ACG oil field and in the BTC pipeline
- Final investment decision was taken on the Rijeka Refinery Residue Upgrade Project
2018
2018
- MOL has been once again selected as a component of the Dow Jones Sustainability Indices
- MOL Group and APK form strategic partnership for plastic recycling
- The final investment decision on the Polyol Project was taken, and physical completion of the new plant has started
- MOL launched a car sharing service in Budapest called MOL Limo and it’s new EV charging brand called Plugee
2017
2017
- MOL remained a Dow Jones Sustainability World Index constituent for the second consecutive year.
- MOL’s most significant E&P development project in the UK North Sea was commissioned on time and well below the original sanctioned budget with outstanding HSE results
- Key licence agreements were signed for core technologies of the flagship „Polyol Project”, marking the first milestone along this major petrochemicals transformational journey.
2016
2016
- Board of Directors approves the company's new long-term strategy : "MOL Group 2030 - Enter Tomorrow"
- First oil reached on the Scolty & Crathes development in the UK North Sea
- MOL Group wins Best Downstream Company Award from the Petroleum Economist
- MOL Group is included in the Dow Jones Sustainability Index
2015
2015
- MOL Group acquires 173 service stations in Hungary, and additional 17 in Slovenia
- MOL Plc. becomes 100% owner of TVK Plc. ( subsequently renamed to "MOL Petrochemicals")
- MOL Group enters Norway expanding its North Sea portfolio by acquiring Ithaca Petroleum Norge
- Introducing the new shop concept ‘Fresh Corner’
2014
2014
- MOL Group acquires 208 service stations in the Czech Republic, Slovakia and Romania
- MOL Extends its Upstream portfolio in the Central North Sea with offshore assets in 6 licences
- MOL Group Acquires additional 44 service stations in the Czech Republic
2013
2013
- MOL Group enters the North Sea by acquiring offshore assets with 14 licenses
- MOL divested its Surgut-7 exploration block and ZMB production field in Russia
- 30% stake acquired in Ghauri exploration block in Pakistan
2012
2012
- 100% acquired in Pap Oil and Bohemia Realty Companies in the Czech Republic
- 49% acquired in North Karpovsky exploration block in Kazakhstan
- Start of exploration in Block66, Oman
2011
2011
- 100% acquired in TUS Oil Holding in Slovenia
2010
2010
- MOL and its partner Expert Petroleum win licences for three exploration blocks in Romania
- MOL is included in Dow Jones SustainabilityWorld Index as the first and only company from the Region
2009
2009
- 10% stake acquired in Pearl Petroleum Company in the Kurdistan Region of Iraq
2008
2008
- MOL-CEZ strategic partnership in the power sector
- 47.15% increase in stake in INA
- 40% stake acquired in Karak exploration block in Pakistan
- 40% stake acquired in Ngosso Permitoff-shore exploration block in Cameroon
- 35% stake acquired in the North-India exploration block of ONGC in India
2007
2007
- 20% acquired in Shaikan exploration block in Kurdistan Region of Iraq
- 100% acquired in IES oil company in Italy
- 100% acquired in Tifon in Croatia
- Foundation of Hawasina LLC Oman Branch
- 100% acquired in Matjushkinskaya Vertikal LLC in Russia
- 100% acquired in Akri-Bijeel exploration block in the Kurdistan Region of Iraq
2006
2006
- 67.5% stake acquired by MOL and INA in Energopetrol in Bosnia & Herzegovina
- 100% stake acquired in Margala and Margala-North exploration blocks in Pakistan
- 100% stake acquired in BaiTex and in Surgut-7 exploration blocks in Russia
- Partial sale of gas business to E.ON Ruhrgas International
- Exploration starts in Block43 in Oman
2005
2005
- 100% stake acquired in MOL Austria
- 27.5% stake increase in Fedorovsky exploration block in Kazakhstan
2004
2004
- 98.4% stake acquired in Slovnaft through public offer
- MOL is listed on Warsaw Stock Exchange
- 22.5% acquired in Fedorovsky exploration block in Kazakhstan
- Purchase agreement to acquire Roth Heizöle Trading company in Austria
- Acquisition of Shell Romania retail network
2003
2003
- 70% stake gain delivers control of Slovnaft
- 25% acquisition of INA Foundation of Intermol, Serbia
2002
2002
- Foundation of ZMB – Zapadno Malobalik JV in Russia
- TVK is fully consolidated
2001
2001
- 34.5% stake gain delivers control of TVK
2000
2000
- 32.9% stake acquired in TVK
- 36.2% stake acquired in Slovnaft
1999
1999
- Foundation of MOL Pakistan
1998
1998
- Foundation of MOL Yemen
- Concession acquired in TAL exploration block in Pakistan
1997
1997
- Increase in MOL Group’s retail network in Romania by buying Amoco Oil Holding Company
1996
1996
- The first Slovakian and Ukrainian MOL filling stations open in Érsekújvár (SK),Párkány (SK), and Ungvár (UA)
- Foundation of MOL Slovenia
1995
1995
- The first Romanian MOL filling station opens in Nagyszalonta
1991
1991
- 1st October – Foundation of MOL Plc.