MOL ranks first among European companies on upstream performance

Sep 09, 2009 02:00 AM

Hungarian oil and gas company MOL has been ranked first among European companies in the latest Global Upstream Performance Review by John S. Herold and Harrison Lovegrove and Company, MOL said.
MOL ranked 38th on the global survey of 230 oil and gas companies.

MOL was first included on the list in 2003 and has since been at the top of the European performance review several times.
MOL's exploration and production segment generates 44 % of EBITDA.