US offers to mediate in INA-MOL dispute
There have been five failed attempts at negotiations over the past 13 months between the Hungarian firm and Croatian authorities
Offers of US mediation and a possible further share purchase that leaves Hungarian energy firm MOL within a whisker of a majority shareholding in INA indicates a solution to the bitter dispute over ownership of the Croatian energy firm may be in sight. The past 13 months have seen five sets of failed negotiations between MOL and the Croatian authorities in an attempt to end of the dispute over who controls INA, in which the Hungarian firm holds 49.08% and the Croatian state 44.84%. The dispute became public in July when the Croatian authorities decided to try MOL's chief executive, Zsolt Hernadi, in absentia over allegations that he paid former Croatian prime minister Ivo Sanader a bribe to
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
