Tag: ELPE

Hellenic Petroleum to change name to HELLENiQ Energy in September – Greece, 29 August 2020

Greek oil refiner Hellenic Petroleum (ELPE) is expected to change its name to HELLENiQ Energy Holdings after the next shareholders’ General Assembly scheduled for 20 September. The company’s management state that the iQ part is indicative of the smart transition to the future and the “energy” den Full article available for subscribers of Energy NEWS […]

ELPE’s profit increased in H1 2022 – Greece, 26 August 2022

Greek oil refiner Hellenic Petroleum (ELPE) said that its sales in the first half of 2022 rose by 71 % compared to the same period in 2021, reaching 6.8 billion euros, mostly due to rising energy prices. The company’s operating profit (EBITDA) amounted 535 million euros in the second quarter and Full article available for […]

ExxonMobil acquired majority stake in two Cretan offshore blocks – Greece, 21 July 2022

ExxonMobil acquired the majority of hydrocarbon exploration rights in the two blocks west and southwest of Crete, following the departure of French TotalEnergies last April. Previously, ExxonMobil and TotalEnergies, with 40 % each, along with Greek oil refiner Hellenic Petroleum (ELPE) with 20 %, Full article available for subscribers of Energy NEWS service (PDF publications, […]