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
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
