Mol

Hungarian oil company MOL has been given the green light from the European Commission to take over OMV Slovenija filling stations after committing to sell 39 stations in Slovenia to the British Shell Group.

Orban's foreign minister, Peter Szijjarto, the most vocal critic of the EU, is also full of praise. He sees the Turkic states, whose energy ministers he recently hosted in Budapest, as offering "more than a pure energy friendship".

MOL, the Hungarian oil company, will sell 39 service stations in Slovenia to British oil major Shell in a bid to receive clearance for the takeover of OMV Slovenija, the country's second largest chain of service stations.

Ljubljana/Brussels – The web portal Necenzurirano reports that the European Commission has frozen the in-depth investigation of the purchase of service stations of OMV Slovenija by the Hungarian energy group MOL until further notice. The investigation will resume after the Commission receives the required documentation from MOL.

Oil shipments from Russia through a critical pipeline to Czechia resumed on Aug. 12 after more than a week, the Czech pipeline operator Mero said.

Czechia became the last central European country after Slovakia and Hungary to receive deliveries from the southern branch of the Druzhba pipeline after a problem over payments for transit was resolved.

Citing heavy dependence, those countries in June secured an exemption from the EU's Russian oil embargo - due to kick in at the end of the year - for imports delivered by the Druzhba pipeline. The route carries around 250,000 barrels per day to the region. Slovakia imports over 95 per cent of its oil through Druzhba, and sends processed fuels on to its neighbours.

Ljubljana – Owners of motor vehicles are heading for Slovenian service stations en masse on Sunday as regular petrol and diesel prices are expected to rise considerably when a new pricing model kicks in on Tuesday. All three major fuels providers, Petrol, OMV and MOL, have experienced occasional shortages today.

Ljubljana – Hungarian energy group MOL has acquired a network of 120 service stations operated by Austrian energy group OMV in Slovenia, subject to regulatory approval. The purchase consideration for the outright stake in the company OMV Slovenija is EUR 301 million, MOL announced on Tuesday.

Ero believes the ruling Fidesz party has been the driving force behind this vainglorious project on the grounds that Prime Minister Viktor Orban needs an iconic building to symbolise Hungary's position as a regional power.

Ljubljana – The Austrian energy group OMV has decided to sell off its 120 petrol stations in Slovenia as part of an ongoing EUR 2 billion divestment programme, the group announced on Thursday. In Slovenia, the group operates filling stations under the brands OMV, Eurotruck, Avanti and Diskont.