• 2024 September 5 13:21

    MOL starts production in the largest capacity green hydrogen plant of the region

    At the Százhalombatta refinery of MOL, a 10 megawatt capacity green hydrogen plant, the largest in Central and Eastern Europe has started producing, according to the company's release. The facility produces 1,600 tonnes of clean, carbon-neutral green hydrogen per year which is used for fuel production reducing the Danube Refinery's carbon dioxide emissions by 25 000 tonnes, as much as the annual carbon dioxide emissions of roughly 5400 typical cars.

    MOL Group handed over its new Százhalombatta plant in April, where it produces around 1,600 tonnes of clean, carbon-neutral green hydrogen per year with a 10 megawatt electrolysis unit created by Plug Power. Necessary tasks to start production were carried out, including necessary pressure tests, inspection of the process control system, insertion and connection of the electrolytic cells into the system, and the water treatment system was put into operation as well.

    Plug Power's electrolysis equipment uses electricity from renewable sources to break down water into hydrogen and oxygen. This means that no polluting by-products are generated and, in fact, the plant produces 8-9 tonnes of pure oxygen per tonne of hydrogen. The US company has offered MOL an innovative and reliable technology: the hydrogen generators, optimized to produce pure hydrogen, have almost 50 years of operational experience.

    The EUR 22 million new plant will reduce the carbon footprint of the Danube Refinery by more than 25,000 tonnes of carbon dioxide per year. The new technology will gradually replace the natural gas-based production process, which currently accounts for one sixth of MOL Group's total carbon dioxide emissions.

    MOL Group is an international, integrated oil, gas, petrochemicals and consumer retail company, headquartered in Budapest, Hungary. It is active in over 30 countries with a dynamic international workforce of 25,000 people and a track record of more than 100 years. MOL Group operates three refineries and two petrochemical plants under integrated supply chain-management in Hungary, Slovakia and Croatia, and owns a network of almost 2400 service stations across 10 countries in Central & South-Eastern Europe. MOL’s exploration and production activities are supported by more than 85 years’ experience in the field of hydrocarbons and 30 years in the injection of CO2. At the moment, there are production activities in 8 countries and exploration assets in 9 countries.




2024 September 5

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13:21 MOL starts production in the largest capacity green hydrogen plant of the region
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2024 September 4

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2024 September 3

18:04 Iran, Russia discuss development of transport corridors
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17:20 Power outage in Rotterdam port resolved, refineries impacted
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13:58 CIMAC and Maritime Battery Forum publish paper on batteries in deep-sea shipping
12:40 Christiania Shipping to acquire 100% of the shares in NAVQUIM Holding from Sogestran Shipping
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11:39 RMK Marine completes Europe’s largest inland LNG bunkering barge
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10:45 Australia increases its trade relations with Valenciaport
10:09 Lloyd’s Register to acquire Ocean Technologies Group from Oakley Capital

2024 September 2

18:00 MOL PLUS to invest in Global Fund 2 managed by UntroD
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11:59 Djibouti offers Ethiopia management of Tadjourah port to ease regional tensions
11:26 Mammoet launches world’s strongest land-based crane
10:48 Chinese ports container volume rises 8.3 % from January to July of 2024

2024 September 1

16:02 Port of Gothenburg: The largest port expansion in 40 years opens
15:42 Jan De Nul awarded contract for Palm Jebel Ali marine works in Dubai
15:06 Mammoet launches world’s strongest land-based crane
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2024 August 31

16:03 Salvage of stricken oil tanker in Red Sea expected soon – Reuters
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