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Mol Archive
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Hungarian Politics Torpedoes Nabucco Participation
Posted on May 1, 2012 | No CommentsThere is no point in covering up the power center of the Hungary. It resides in PM Orban. Regardless of the state involvement in the Nabucco project it is a privately supported initiative with politics secondary. This has always been the selling point - even if politics are tightly woven into the plans -
Energy will liberate Hungary from Neoliberal and Western Shackles
Posted on June 2, 2011 | No Comments“While we have put an end to the basic principles of a neoliberal era, we have yet to build up the non-liberal economic policy of the 21st century, in terms of planning, coordination and practices.” It is this new "non-liberal economic policy" that Hungary will be leading the region and the world in. -
The rebirth of Hungary and the fall of Neoliberalism
Posted on June 1, 2011 | No CommentsOld man: "Excuse me, sir, where is the "Heroes' square"? Pedestrian # 1: "No, old man, don't use that name! It's "Stalin Square" now!" Later... Old man: "Excuse me, sir, where is the "Chain Bridge"? Pedestrian # 2: "Oh my God! Don't use the old name of the bridge! It's "Red Army Bridge" now! If you say that once more, you could get into jail, be careful!" -
Hungary continues to suckle from Mother Russia
Posted on May 27, 2011 | No CommentsThe price the Hungarian government has placed on energy security for the country is 1.9 billion Euros. The price the Hungarian government paid to the Russia’s Surgetneftegaz for buying 21.2%... -
MOL and Hungarians Lose – Surgetneftegaz and Orban win! (and I predicted this)
Posted on May 25, 2011 | No CommentsMy wife came back from the children’s hospital the other night after the doctor unclogged the poo that was a major discomfort for our young son. “You would think that... -
Fishing for boots: My lens of change on the energy sector
Posted on May 20, 2011 | No CommentsThe energy sector is so multidisciplinary it takes knowing (and even mastering) several topics to begin to be a true expert on the overall topic. It is important though to have a base, or a prism, that the wider changes or processes involved in the energy sector can be seen through. -
Why V. Socor is wrong. Or Austrians show their small size
Posted on May 10, 2011 | No CommentsFollowing the gas sector in Europe can be exciting, particularly watching the marathon-like stamina of the backers of South Stream and Nabucco. But the emergence of obstacles, or the use... -
Hungary to follow Tajik model: Forced donations for Surgut/MOL shares
Posted on January 3, 2011 | No CommentsThe question extending back to last spring’s election that brought Fidesz to power, is how will they find the money to buy Surgutneftegaz’s 22% shareholding in MOL. Well, since my... -
Would Surgut investment in MOL save CEE oil flow?
Posted on December 5, 2010 | No CommentsThe question should be asked whether an emerging decline in oil being shipped to Central Europe could be stopped if Russian investment took place in the region’s refinery sector. And... -
Hungary goes to Russia with a bottle of vodka
Posted on December 4, 2010 | No CommentsA few people asked me what I thought of Hungary’s Prime Minister Orban’s visit to Russia. To be honest, I was working away under a tight deadline and didn’t have...
