Please visit these standalone sites for more information GE Aerospace | GE Vernova | GE HealthCare  “The Metem acquisition is another milestone in the history of GE’s partnership with Hungary strengthening our common commitment to long-term growth and expanding our industrial footprint in the country  We’re excited to welcome Metem’s employees to GE and we’re expecting a fast and seamless integration,” said Joerg Bauer By bringing the Metem cooling hole-drilling capability in house GE expects to realize supply chain efficiencies and reduce costs as it continues to strengthen its advanced GE’s HA gas turbines can achieve more than 62 percent efficiency Achieving that level of efficiency subjects heavy-duty gas turbines to very high temperatures during operations With heavy-duty gas turbine blades operating under high temperatures and experiencing significant centrifugal stresses turbine blade cooling is an important component of GE’s next generation of advanced gas turbines “Gas turbines coupled with services are the core of GE Power and Metem’s acquisition will help achieve synergies by improving the overall cost base of products and enhancing the GE Store capabilities for customers,” said Mike Chanatry GE and Metem have had a very strong relationship since the 1970s driven by Metem’s record of innovation and technology development and the strength of its workforce This acquisition is strategic for GE Power as demand for advanced manufacturing technologies significantly increases as products evolve Chanatry says that GE expects to build out the capabilities and capacity of the Metem network Metem’s entire workforce of approximately 270 employees as well as the company’s facilities and resources in New Jersey will be integrated into GE over the next six to 12 months will be transformed into a Center of Excellence for GE Power Metem Corporation is a specialized global supplier of machining and assembled turbine super-alloy components in the power generation and aerospace industries Metem has grown into one of the largest high-volume non-conventional machining companies in the world by emphasizing innovation advanced technologies and operational excellence Metem set up an advanced STEM and EDM manufacturing facility in Százhalombatta (MEU) -  to drill cooling holes on 50 hertz engines and provide regionally competitive service parts Apr 4th 2016 GE Expands High-Efficiency Capabilities with Completed Acquisition.. Please enable JS and disable any ad blocker Hungarian multinational oil and gas company MOL Group has inaugurated a 10-megawatt (MW) capacity green hydrogen plant in Százhalombatta to reduce the carbon footprint of the Danube Refinery This €22 million investment will reduce the carbon footprint of the refinery by more than 25,000 tonnes of carbon dioxide per year adding that the new technology will gradually replace the natural gas-based production process which currently accounts for one sixth of the MOL Group’s total carbon dioxide emissions the plant will start producing in the second half of 2024 and the company will use the green hydrogen primarily in its own network for fuel production The facility will be able to produce approximately 1,600 tonnes of green hydrogen per year and will use a 10 MW electrolysis unit from U.S noting: “Plug Power’s electrolysis equipment uses electricity from renewable sources to break down water into hydrogen and oxygen This means that no polluting by-products are generated and the plant produces 8-9 tonnes of pure oxygen per tonne of hydrogen.” commented: “MOL Group has reached another milestone: we can now produce green hydrogen without producing any greenhouse gases we are able to achieve the same emissions reduction as if we took roughly 5,500 cars off the road overnight.” our new green hydrogen plant is only making MOL’s industrial operations greener but tomorrow it will offer solutions for the whole industry and hydrogen mobility we will take the technology to the other two fuel production units of the group to make the fuel production process more sustainable at each of MOL Group’s refineries.” the inauguration of one of Europe’s largest green hydrogen plants supporting a refinery… Together we are advancing towards carbon neutrality and propelling the hydrogen economy forward.” this investment is in line with the company’s SHAPE TOMORROW corporate strategy which aims to make the region more sustainable Daily news and in-depth stories in your inbox The Pioneers of Offshore Engineering GustoMSC part of NOV’s Marine and Construction business is recognized for providing advanced design & engineering consultancy for mobile offshore units and reliable equipment and technical knowledge into realistic & innovative ideas The performance of new and existing jack-ups A worker operates machinery at the Danube Refinery in Szazhalombatta MOL Group's Danube Refinery is one of the largest refineries in the Central and Eastern European region with a refining capacity of 165,000 barrels per day 2022 shows a fuel tank of the Danube Refinery in Szazhalombatta Railway tank cars are seen at the Danube Refinery in Szazhalombatta 2022 shows the entry point of the Druzhba pipeline between Hungary and Russia at the Danube Refinery in Szazhalombatta A worker stands in front of the facilities of the Danube Refinery in Szazhalombatta 2022 shows the facilities of the Danube Refinery in Szazhalombatta 2022 shows a general view of the Danube Refinery in Szazhalombatta Based on several years of research and development, MOL stepped forward in the value chain and became biofuel producer from biofuel user through the realization of an investment in Danube Refinery bio feedstock is co-processed together with fossil materials This solution allows to increase the renewable share of fuels and reduce up to 200,000 tons /year CO2 emission without negatively affecting fuel quality “MOL Group has been a biofuel user by purchasing more than 500,000 tons of biofuels (bioethanol and biodiesel) for blending we have started to produce sustainable diesel for the first time within MOL Group and we became biofuel producers we will connect to the circular economy by recycling also waste In line with our recently updated strategy “SHAPE TOMORROW” we are planning to produce 100,000+ tons of biofuel by 2030,” said Gabriel Szabó Executive Vice President of MOL Group Downstream During co-processing that has been implemented in the Danube Refinery bio-feedstock is processed together with the fossil material in the production of diesel fuel used cooking oils and animal fats can also be used for this purpose the produced gasoil is going to be partly renewable without any quality changes compared to fully crude-oil based diesel The main advantage of this method is that biodiesel type of components can be still blended in maximum 7 volume percent in line with the diesel standard so the process after all is able to further increase the bio-share of the gasoil One of the main goals of the European Union and MOL Group is to achieve net-zero CO2 emissions by 2050 Renewable share obligations are continuously increasing in the transport sector biocomponent content expectations have also increased in MOL Group’s fuel markets which have so far been met mainly by blending bioethanol and biodiesel MOL started co-processing as an R&D project in 2012 based on the research results of Pannon University Types and quality requirements of processable raw materials were determined during these steps and the investment has been launched in 2018 This included the necessary infrastructure development for storing and processing the new biomaterials The trial operation of the new process started in March 2020 and has been operating regularly since May The produced bio-component has significantly higher CO2 saving potential than other type of biofuels produced from the same feedstock This project means up to 200,000 tons of annual CO2 emission reduction it’s equal like a city of 200.000 inhabitants would use only solar energy for heating Still the target is to extend the feedstock portfolio in the direction of waste and residues to achieve even better CO2 saving of the product One of the cornerstones of MOL Group 2030+ Strategy is to play a key role in shaping the low-carbon circular economy with investments in new businesses such as waste integration and utilization advanced biofuels and potentially hydrogen-related opportunities low-carbon and sustainable projects to become a key player in CEE in the circular economy and to get closer to its net-zero CO2 emitter goal by 2050 MOL aims to transform its Downstream segment into a highly efficient MOL Group is an integrated It is active in over 30 countries with a dynamic international workforce of 25,000 people and a track record of more than 100 years in the industry MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field there are production activities in 9 countries and exploration assets in 14 countries MOL Group operates three refineries and two petrochemical plants under integrated supply chain management in Hungary and owns a network of almost 2,000 service stations across 10 countries in Central & South Eastern Europe Hungary’s MOL Group has let a contract to Frames Group BV to supply a new hydrogen recovery and purification system for converting low-purity hydrogen by-product into a high-purity gas stream for subsequent processing at its 8.1-million tonnes/year Duna refinery along the Danube River in Százhalombatta ready-to-install hydrogen recovery and purification system that—equipped with highly sensitive membrane technology from strategic partner Membrane Technology and Research Inc.—will recover hydrogen from vent recycled gas produced by the refinery’s mild hydrocracking unit to improve overall efficiency of hydrogen recovery at the refinery as well as reduce operations costs at the site Frames also will provide site interface engineering and on-site supervision during installation The new hydrogen recovery and purification system at the Duna refinery comes as part of MOL Group’s ongoing commitment to improving efficiency of its processing operations will allow the Dana refinery reduce the volume of makeup hydrogen it receives from hydrogen plants by maximizing use of hydrogen already produced at the site The service provider disclosed neither a value of the contract nor a timeframe for startup of the hydrogen recovery system This latest contract follows MOL Group’s previous award to Frames for supply of its proprietary desalters (electrostatic coalescers) to be installed in the Duna refinery’s crude distillation unit as part of a new project to enable the site to process a broader range of crudes (OGJ Online, Mar. 15, 2019) Robert Brelsford joined Oil & Gas Journal in October 2013 as downstream technology editor after 8 years as a crude oil price and news reporter on spot crude transactions at the US Gulf Coast He holds a BA (2000) in English from Rice University and an MS (2003) in education and social policy from Northwestern University Connecting decision makers to a dynamic network of information Bloomberg quickly and accurately delivers business and financial information Workers look out over the Duna oil refinery in Szazhalombatta “Our intention at the moment is to clearly develop the alternative possibilities,” Peter Ratatics Mol’s 40-year-old executive vice president for consumer services how long can you have a stable supply in a pipeline that’s always in danger?” Százhalombatta-Földvar is a Bronze Age fortified tell settlement on the right bank of the river Danube It is one of the best preserved temperate climate tells in Europe and well-known for the extraordinarily rich data it produces Since 2014 Leiden students are welcomed on this international project which proves to be a challenging but fascinating field school The first excavations at Szazhalombatta took place as early as 1963 The current campaign started in 1998 and is ongoing The tell is situated on top of a loess plateau that roughly reaches up to 150 m above sea-level The site itself is only accessible from the northwest: access from other directions is prevented by the local relief making the site defendable along the whole outline Coring has shown cultural deposits at the site are up to 6 meter deep First occupied at the end of the Early Bronze Age it has seen continuous habitation to the end of the Middle Bronze Age There is also some evidence of Late Bronze Age (Urnfield) occupation This has resulted in outstanding preservation of organic material including botanical remains such as thatch from house roofs and Bronze Age food like crab-apples This tell-site has played a key-role in two large EU funded project (Emergence of European Communities and Forging Identities; the mobility of culture in Bronze Age Europe) and continuous to produce substantial new data revealing a detailed and hitherto unknown picture of Bronze Age life from 2000-1400BC The site is an fieldwork and research training hub for many students ranging from first years to PhD’s and from many different backgrounds and countries All students work together in a single trench resulting in a stimulating international environment Hungary’s MOL Group has started production of renewable diesel at its 8.1-million tonnes/year Duna refinery along the Danube River in Százhalombatta Produced via coprocessing of biofeedstocks—including vegetable oils and animal fats—with conventional crude oil biodiesel production from the refinery will result in up to a 200,000-tpy reduction in carbon dioxide (CO2) emissions advancing MOL Group’s goal under its 2030+ Strategy to achieve net-zero CO2 emissions by 2050 Initiated as a research and development undertaking in 2012 and launched as a formal investment in 2018 MOL Group said the Duna coprocessing project—which entered trial operation in March 2020 and began regularly operating in May 2020—required additional infrastructure and equipment for storage and processing of biofeedstocks revealed no further details regarding either specific structures added as part of the project or current production capacity of renewable diesel at the site With commissioning of the new Danu project MOL Group—which historically has purchased more than 500,000 tpy of biofuels such as bioethanol and biodiesel for blending into its conventional fuel production to meet the European Union standards—now plans to expand biofuel production capacity within its refining system to 100,000 tpy executive vice-president of MOL Group’s downstream business MOL Group said it will spend about $1 billon on projects aimed at transforming its traditional fossil-based operations into a low-carbon sustainable business model in line with its 2030+ Strategy a cornerstone of which includes investments in waste integration and utilization and potential hydrogen-related opportunities MOL Group’s plan entails a fuels-to-chemicals transformation that will involve converting 1.8 million tpy of fuels from its refining system into higher-value sustainable petrochemical feedstock by 2030 Proposed within a framework of two investment cycles to be completed in 2027 and 2030 MOL Group said capital expenditures on the downstream transformation program could reach up to $4.5 billion within the next 10 years Hungary and Serbia have successfully connected their economies in critical areas making both countries more resilient in times of crisis Minister of Foreign Affairs and Trade Peter Szijjártó said after a meeting with Serbian Minister of Economy Adrijana Mesarovic in Budapest on Wednesday “We want to emerge as winners in the new global economic order and the current Hungarian-Serbian strategic economic cooperation supports that endeavour,” Szijjártó said at a joint press conference He added that both countries’ economic strategies were based on their own national interests “We follow an economic policy based on common sense He said the strategic interests of Hungary and Serbia were aligned The countries’ strategic cooperation has made their energy security stronger than it could be separately He noted that over 20 million cubic metres of gas arrived in Hungary via Serbia every day and over 5.2 billion cubic metres had been delivered so far this year The TurkStream pipeline will play a bigger role for Hungary in future and Serbia’s part will be a strategic one in this regard Szijjártó could not say anything about the price since the relevant studies will only be complete in December He said preparations were also underway for the construction of interconnectors between the two countries’ electricity grids Interconnector capacity will double by 2028 He welcomed the start of operation of a regional power exchange with Serbia and Slovenia in December further bolstering security of supply in the region Szijjártó said Hungary was committed to opening the third chapter of European Union accession negotiations with Serbia while it held the rotating presidency of the Council of the EU “We believe that the European Union needs the Western Balkan countries more than the Western Balkan countries need EU membership and it’s time Brussels understood that Hungary’s foreign minister has slammed European Commission president Ursula von der Leyen for ditching Olivér Várhelyi as the commissioner for EU enlargement saying her decision was part of “the hypocrisy of Brussels” regarding enlargement policy Western Balkan states have been waiting 14.5 years for EU membership “which goes to show how the majority in the bloc is against enlargement,” Szijjártó told a joint press conference held with the Serbia’s economy minister in Budapest on Wednesday He insisted that EU officials’ public pro-enlargement statements were at odds with what they said behind closed doors Szijjártó also insisted that countries that were most advanced in the accession process wanted Varhelyi to stay on in his current role The minister said Hungary would do everything it could “to ensure that Western Balkan countries can join the European Union as soon as possible” he said each member state had the right to appoint a commissioner and decide whom to nominate “So I’ll start out from the assumption that the European Parliament’s fantastically committed democrats won’t deny this sovereign right…” he said This will eliminate Ukraine’s blackmail and ensure continuous supply and website in this browser for the next time I comment Y"},"category":false,"taxonomy":{"active":false,"name":"category"}},"markup":{"custom_html":true,"wpp-start":"","wpp-end":"<\/ul>","title-start":"","title-end":"<\/h2>","post-html":"{thumb} {title} {stats}<\/span>{excerpt}<\/p><\/li>"},"theme":{"name":""}} You have successfully joined our subscriber list SupportUs Newsletter © 2025 DailyNewsHungary | All rights reserved According to the National Directorate General for Disaster Management The fire brigade of MOL’s plant is in charge of the response but the fire brigade of Érd is also involved A giant cloud of smoke is billowing over MOL’s Danube Refinery in Százhalombatta, 24.hu reports The National Directorate General of Disaster Management told 24.hu that the damage occurred in the area of the plant in Százhalombatta The MOL fire brigade of the plant is participating in the operation About what exactly happened, the oil company wrote to Portfolio: “During the unloading of a truck’s tank containers caught fire for unknown reasons at the Danube Refinery The fire was extinguished by the FER Facilities Fire Brigade together with specialists from the fire brigade of Érd One minor personal injury was reported.” The incident has no impact on the normal operation and production capacity of the refinery and an investigation has been launched The Danube Refinery started operations in 1965 With a capacity of 165,000 barrels per day (8.1 million tonnes per year) it is one of the largest refineries in the CEE region Summerfest, a major international folk festival is celebrating 25 years of dancing and music-making from 12 to 22 August in Százhalombatta acts from a multitude of nations will be represented in Százhalombatta public current affairs channel M1 said on Wednesday said Hungarian families will be putting up dancers from Tahiti Bolivia and Kyrgyzstan among many other foreign performers Over the past 25 years countless friendships have come about in this fashion Transcarpathian acts will be special guests at this year’s event adding that the festival would thereby highlight the “heroic struggle of Hungarians living amid the most dangerous situations” A new Transcarpathian dance ensemble will mount its premiere on August 17 in Százhalombatta presenting and passing on the heritage of Transcarpathian Hungarian folk dancing Szigetvári underlined the authenticity of the programmes, with traditional folk dances and original costumes and music Forrás Néptáncegyüttes will represent Hungary at the festival and the opening ceremony will take place in Százhalombatta’s St György Ferenczi and the Rackajam Orchestra Eszencia and Tarsoly Orchestra will be among highlighted performers Participating countries are bringing along children’s toys typical of their country to the city Featured image: www.facebook.com/Summerfest An inspection has found a problem at the Mol oil refinery in Százhalombatta and production has not restarted The restart of Mol’s Danube Refinery in Százhalombatta is delayed. There was a technical problem during the last pressure test, napi.hu reports The refinery was running at 55 percent for a long time because a failure was detected during a planned maintenance process which means another delay of at least 3 days There are already temporary stock shortages at many petrol stations. “The government has to decide whether to regulate prices or supply the market with fuel. I think that the restrictions today are already causing more damage than the price increases caused in the past,” index.hu quotes Otto Grád secretary general of the Hungarian Mineral Oil Association Mol also admitted that the partial shortage of product It is not only the Százhalombatta refinery that is causing problems said that security of supply was more important than anything else This is why the Friendship Pipeline is a necessity