MOL Strengthens Oil and Gas Extraction Operations in Hungary
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Hungarian energy company MOL is expanding its oil and gas extraction activities in Hungary, with the company expecting production to increase by approximately 900 barrels of oil equivalent per day. MOL is one of Central Europe's major integrated oil and gas companies, headquartered in Budapest, with significant operations across the region including refineries and retail networks. The production increase represents part of the company's efforts to boost domestic energy output amid ongoing European energy security concerns.