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Three new automated defibrillators on MOL service stations

In MOL Slovenija, we are dedicating a special attention to health and help to local communities and our customers, in the framework of sustainable development. In June we equipped three additional service stations with devices for resuscitation in case of cardiac arrest. AED – automated defibrillators are capable to detect human cardiac arrest, restart the heart and save a person´s life.

Aiming to ensure better coverage with AED devices, defibrillators are from now one available 24/7 also at MOL service stations:

  • MOL Celje II (Mariborska cesta 111, Celje),
  • MOL Slovenska Bistrica (Ljubljanska cesta 91, Slovenska Bistrica)
  • MOL Rožna Dolina (Ulica Angela Besednjaka 8A, Nova Gorica)

Gold and Silver MOL cards also on all DARS Toll gates in Slovenia

Starting on February 18th, a cash free payment of toll in Slovenia at Dars Toll gates will be available with MOL Gold and Silver card. All transactions at toll gates are included in regular invoices for MOL cards usage, which are distributed to card customers twice per month. Simplified control and monitoring of spending are available for users also at Virtual Card Centre. Beside the expansion of sales points where MOL cards are accepted, with this implementation, we also expand the scope of services provided by Gold and Silver MOL cards.

MOL Slovenija employees in charity project for 3 organizations

In December MOL Slovenija employees joined in the voluntary charity project where we collected materials for three organizations, which are active in our local community or on national level. Before the holidays, we submit the collected food, toys, school supplies and other gifts to organizations which main activities are helping families and kids in need - Varna hiša Pomurja, Dnevni center za otroke in mladostnike and Anina zvezdica, aiming to help the families and kids to have joyful holidays. In company MOL Slovenija as a member of MOL Group, sustainable development isn’t just one of the key values, but we try to include it in our everyday business and care for future generations. Important guideline by doing this for is, that even smaller steps can changing the world and that every person could contribute. That is way beside the company activities on areas of sustainable development and social responsibility, we encourage also the voluntary work of our employees, which results in growing number of employees included in projects, either such collecting of assets for different organizations and environmental projects. Special emphasis is paid also to blood donations project.

MOL Slovenija opened its 34. service station

On July 1st, MOL Slovenija opened its 34. service station – MOL Rožna Dolina in Nova Gorica. New service station extends on 642 m2 and includes shop, LPG and carwash. Together with new service station, MOL Slovenija now operates with 34 service stations.
Opening ceremony was hosted by Slovenian actress and chanson singer Lara P. Jankovič. Gathered were also addressed by MOL Slovenija CEO Valerija Glavač and the representative of Municipality Nova Gorica, Mrs. Mirjan Bon Kljanšček, city councillor who wished the new service station successful business journey. The opening was additionally brightened by dancers of VIP Dance Company and MOL wheel of fortune with prizes for everyone who liked to try their luck.
As a socially responsible company which follows the principles of sustainable development and with awareness of local environment, the donation of EUR 1.000 was submitted to the local non-profitable association - Association for helping people with special needs, Hospital Stara Gora. In Nova Gorica there is namely the institute where the children with special needs are included, who are handicapped heavier and need full day care. The donation was submitted on the opening ceremony by MOL Slovenija CEO, who taking the opportunity expresses the company appreciation of association humanity vision, awareness about such non-profitable organization and the meaning of voluntary work of all the association members.

STEP event in MOL Slovenija

On May 24th MOL Slovenija employees traditionally gathered on annual STEP event, this year in Lipica, place with the oldest European stud farm continuously breeding one of the oldest cultural horse breeds - the Lipizzaner. Among the health education program with training of how to avoid and manage stress, employees participated in several sport activities (golf, archery, minigolf). Some of employees visited really beautiful Karst underground cave Vilenica. The guided tour to the stud and its estate with horses running at meadows impress all employees, thus the afternoon Lipica Olympics games in such environment were something special.

MOL Slovenija employees participated at 34. Marathon in Radenci

MOL Slovenija employees participated at 34. Marathon in Radenci
On this years,´ already 34. Marathon in Radenci, which was held on May 17th, also 18 MOL Slovenija employees participated and compete in different categories, from 5,5 km, 10 km and also in half marathon category. In accordance with health promotion program, which main message is to enhance the meaning of healthy life style, the company is covering the starting fee for employees who decide to compete on national level organized running events. With such a gesture we aim to continuously encourage the healthy life style and meaning of sports activities for health among our employees.
We would like to express our sincere congratulations to our employees for great results and also for decision for healthy life style which should become encouragement to all employees for active spending of free time and taking care for our health.

MOL Slovenija opened its 33. service station

MOL Slovenija continues its strategic investments with the opening of 33. service station, this time in Ptuj, the oldest Slovenian town. The opening ceremony was held on April 3rd with presence of municipality representative, Voluntary fire brigade Ptuj and kids from local kindergarten which also have their performance. The event was hosted by stand-up comedian Matjaž Javšnik who laughed the audience and invite them to collaborate in prize winning game MOLing –bowling activity where customers competed in game, where they had to knock down as many bowling pins as they can in a small car.
New service station operates on 362m2 and also includes a shopping area, car wash and a bar. In addition to the fuels, the citizens of the Municipality of Ptuj will be able to fill up their cars with autogas (LPG) too. The donation to the local kindergarten was submitted at the opening ceremony together with first filling which was a donation devoted to the Voluntary fire brigade Ptuj.

2000 students from 60 countries on MOL Group's 'Freshhh' competition

The ‘P.P.S.’ team of University of Miskolc (Hungary) has won MOL Group’s international oil and gas industry competition, “Freshhh2012”, the final of which took place in Budapest on 24 May 2012. The competition has now become widely known throughout the world and this year almost 2,000 students in three-member teams from 250 universities in 60 countries took part. The top 10 teams competed in the final for prizes worth EUR 20,000. MOL Group, which operates in more than 40 countries, also offers students international career opportunities in addition to prizes.

Péter Ratatics, Director - Corporate Centre, MOL Group commented: “I am very proud that MOL Group launched a competition in 2007 in which almost 8,000 students have participated from 67 countries’ universities. Besides making natural sciences more popular, MOL Group also aims to continuously improve its internationally-recognised expert knowledge and identify the new talent required by its succession management programme. Freshhh is an excellent tool for this.”

This is the sixth year that MOL Group has organised the international ‘Freshhh’ competition and the number of participants has almost doubled, compared to the first year of this event, 2007. Since its introduction, the “Freshhh” competition database has registered 7,904 students from 67 countries, in a total of 2,756 teams (including incomplete teams). As a result, MOL Group recruited almost half of the 150 Top 10 team members in various ways since 2007. MOL Group believes that more young talent from the 2012 contest’s participants will also join the Group.

About the game:

In the first phase of the three-round competition, entrants had to compete in a virtual scenario, through the Internet. Participants had to solve industrial and strategic online MOiL Tycoon game tasksdeveloped by MOL, using computers. This was followed by a creative round in which the qualifying 40 teams had to prepare strategies related to unconventional gas production technology and create a script for a related short film. The jury, consisting of MOL Group experts, then evaluated the excellent inputs and selected the best 10 teams who were then invited to Budapest to take part in the final where teams had to present as well as “sell” their ideas on the creative round’s topic to the Jury and the Audience.

Four Hungarian, three Croatian, one US, one Russian and one Slovakian team qualified for the final in which, based on the international jury’s decision, the ‘P.S.S.’ team (University of Miskolc, Hungary) was awarded the EUR 9,000 first prize. The ‘MACC’ team from Budapest University of Technology and Economics (Hungary) won the second prize (EUR 6,000) while the ‘Reservoir Dogs’ team from Irish and Hungarian universities won the third prize (EUR 3,000). Members of the remaining seven teams received e-book readers as their reward. In addition, as was demonstrated in previous years, one of the objectives of Freshhh finalists was to build a career at MOL Group and this competition was the ideal first step along the road.

The “Freshhh” concept required an even more complex approach from the participants than ever before. The tasks, developed by specially appointed and volunteer MOL Group experts, were interrelated, whilst again proceeding along the oil supply chain.

The structure of this enjoyable industry-related simulation game and its modularity was appealing to and exciting for the target group, on the regional and international levels, as well. Due to web 2.0 applications e.g. Facebook, not only was it more interactive within each team but it is also generated  vivid info- and knowledge-sharing among the competing teams.

The most discussion (e.g. comments, questions etc) took place on the contest’s Facebook page.  During the game, mostly expert oil industry specific competence and strategic thinking were measured by task and will be in following years’ contests.

We have given the donation to voluntary fire brigade PGD Materija

Do you still remember the Bora, that has damaged Kras region?

On MOL filling station in Kozina we have been very fortunate, because voluntary fire brigade PGD Materija has helped us in the right moment and prevented that unpleasant weather condition did not damage our roof. We have showed our gratitude to sacrificing voluntary fire fighters with a donation, where we have in the two week period for each litre of fuel donated one cent to voluntary fire brigade.

Sincere thank you all who have filled the fuel at MOL filling station in Kozina and together with us contributed the donation to the brave fire fighters!

See you at MOL!


MOL Group to intensify its work program in Akri Bijeel block in the Kurdistan Region of Iraq in 2012

MOL Group today informed the capital market participants about the operational update of Akri-Bijeel block in the Kurdistan Region of Iraq and provided a detailed preliminary working program for 2012.

MOL Group plans to spend over USD 100 million on exploration, appraisal and early development work at Akri Bijeel hydrocarbon block in the Kurdistan Region of Iraq in 2012. MOL will intensify its work program in the coming year with the drilling of several exploration and appraisal wells. This is one of the most promising Upstream projects of MOL Group.

As a result of the earlier exploration effort, MOL Group identified three to five hydrocarbon prospects in the Akri-Bijeel Block. The first exploration well, Bijell-1, tested in the beginning of 2010, produced 3,743 bbl/d 13-18°API oil and 99 boe per day associated gas.

The second exploration well, Bekhme-1, tested between October and December 2011, reached the total depth of 5000m. While no commercial inflow was experienced at its Bekhme-1 well, data gained significantly contributed to the knowledge on the geological setting/history of this unexplored region, decreasing uncertainty for remaining potentials to be tested next year by two additional exploration wells. Bekhme-1 is to be suspended; nevertheless the test results are expected not to change significantly the earlier estimated and published fully diluted, unrisked recoverable resource potential of MOL’s share in the Akri-Bijeel and Shaikan blocks.

The working plan of 2012 contains drilling two exploration wells, spud of four appraisal wells, while two further appraisal wells are planned for 2013. Significant sized seismic acquisition over the Bijell discovery area and its perimeters is to be made between Q2-Q4 2012. According to the preliminary schedule a surface facility will be built (10,000 boepd gross capacity and storage capacity of cca. 30,000 bbl) till Q3 2012. The Engineering Procurement Construction and Commissioning project is ongoing, the expected delivery time is around 10 months, and therefore updated estimation of the earliest date for first production of this facility is expected at the end of Q3 2012.

Full report is available at: http://ir.mol.hu/en


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