Hungary's financial watchdog (PSZAF) has fined Austria's OMV <OMVV.VI> 25 million forints ($141,400) for violating rules on influencing the market when it made its offer for oil company MOL <;MOLB ...

Austria's OMV began restricting fuel sales at its filling stations in Hungary on March 8 after a government cap on prices sparked a buying spree among consumers, a company spokesperson told ...

LONDON (MarketWatch) -- Austrian oil giant OMV on Wednesday gave up a year-long pursuit of Hungarian rival MOL after a year-long tussle with both its target and the European Commission.

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Austria’s OMV AG has launched legal proceedings in the Hungarian courts to remove the barriers to acquiring MOL Rt., upping pressure on the company’s management to accept its $20.6 billion bid ...

OAO Surgutneftegaz, Russia’s fourth-biggest oil producer, climbed the most in the 30-stock Micex Index after it bought a 21.2 percent stake in Hungary’s Mol Nyrt.

Hungarian oil and gas group MOL <MOLB.BU> said its Austrian rival OMV <OMVV.VI> had launched a lawsuit against MOL to seek to annul all resolutions made by MOL shareholders at a meeting in April.

OMV’sOMV-0.04%decrease; red down pointing triangle third-quarter earnings tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit. The Austrian ...