Budapest-Hungary’s MOL said Tuesday it would be “business as usual” in 2015 for its spending plans-bucking a trend that has seen most European companies opting to slash their capex due to the low oil price. MOL also announced on Tuesday a three-year program to raise the profitabil- ity of its downstream operations by $500 million through 2017, hoping to offset any declines in upstream profits caused by the fall in oil prices.
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