The MOL Group reported a profit of 212 million dollars in the first quarter of 2026. Upstream production decreased, but gas discoveries were made in Pakistan.

The MOL Group recorded a pre-tax profit of 212 million dollars, with a key moment represented by the inauguration of the delayed coking unit of INA, a 700 million euro investment in Rijeka, Croatia. President and CEO Zsolt Hernadi emphasized the importance of diversifying supply, mentioning investments of 500 million dollars in the development of the southern supply route. Upstream production decreased to 95.5 mboepd, influenced by conflicts and temporary shutdowns in various regions, but was partially offset by increases in Kazakhstan. The Downstream segment suffered a decline in volumes and margins, mainly due to the fire at the Dunărea Refinery and supply issues with crude oil. Despite the challenges, MOL managed to achieve positive results in the Circular Economy Services segment and reported improvements in Gas Midstream. The MOL Group, headquartered in Budapest, operates in over 30 countries and owns nearly 2,400 service stations in Central and Southeast Europe.