Hungary’s MOL Signs Broad Energy Cooperation Pact With Libya’s NOC

Hungary’s MOL Group has signed a new strategic partnership with Libya’s National Oil Corporation (NOC), marking a fresh step in the company’s push to expand its international upstream footprint and diversify crude supply sources. The Memorandum of Understanding was signed in Budapest on January 30 by MOL Group Chairman and CEO Zsolt Hernádi and Masoud Suleman, Chairman of Libya’s NOC. The agreement establishes a framework for cooperation across hydrocarbons exploration and production, technological innova ...