HELLENIC PETROLEUM

Hydrocarbon exploration, exploitation to follow strict environmental guidelines, gov’t says

The signing of an agreement between the Greek state with the consortium of ExxonMobil, Total and Hellenic Petroleum (HELPE) on Thursday for hydrocarbon exploration

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An important day for Greece as it capitalises on its energy wealth, Tsipras says

Today is a historic day because Greece is making a big and decisive step to capitalise on its energy wealth, Prime Minister Alexis Tsipras said in his greeting at the signing ceremony of the Greek State’s lease with the joint venture Exxon Mobil – Total – Hellenic Petroleum, which grants the right to carry out […]

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Κορυφαίες εταιρείες πετρελαίου και φυσικού αερίου στη Λευκωσία: Συνέδριο EMGC για την ΑΟΖ

Στελέχη από κορυφαίες εταιρείες πετρελαίου και φυσικού αερίου,

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Hellenic Petroleum: Strong profitability on record production and higher exports sales

HELLENIC PETROLEUM Group announced its 4Q and FY18 financial results.

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Hellenic Petroleum record high 9M18 reported Net Income (+32%)

HELLENIC PETROLEUM Group announced its 3Q and 9M financial results. 3Q17 Reported EBITDA came in at €258 m (+12%), leading 9M to a record high of €731 m (+20%). IFRS Reported Net Income amounted to €135 m (+28%) in Q3 and €360 m (+32%) in 9M, the highest on record, with Earnings per Share (EPS) […]

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Energy Ministry announces winning bid for hydrocarbon exploration off Crete

The ministerial decision announcing the winning bid of Hellenic Petroleum (HELPE), Total and Exxon Mobil consortium for hydrocarbon research off western and northwestern Crete was made on Tuesday.

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Hydrocarbon concessions for Ionian Sea, Crete to be ready by the end of 2018, state agency says

Hellenic Hydrocarbon Resources Management (HHRM) will have completed its negotiations with consortia for concessions in the sea areas off Crete and the Ionian islands, the state company’s president and CEO Yannis Bassias said on Tuesday.

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Bidding for offshore lease block areas in Western Greece and West and Southwest Crete

In the context of a relevant Call for Tenders, released by the Ministry of Environment & Energy (ΦΕΚ 2848/11.08.2017), for the exploration for and exploitation of hydrocarbons Offshore West Crete and Southwest Crete, the business scheme from Total (40%, operator), ExxonMobil (40%) and Hellenic Petroleum (20%), submitted today to HHRM offers for these two lease […]

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Ηellenic Petroleum Group:Record high profitability on operational performance and positive refining environment

HELLENIC PETROLEUM Group announced its 4Q/FY17 results, according to IFRS. FY17 Adjusted EBITDA came in at €834m (+14%), the highest on record, with Group refineries improving utilisation and operations and achieving a record over-performance vs benchmark margins.

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Positive operating results for Hellenic Petroleum on crude mix optimization

HELLENIC PETROLEUM Group announced third quarter and nine month financial results. 3Q17 Adjusted EBITDA at €206m (+8%) continued a series of strong quarters and 9M17 Adjusted EBITDA reached €663m (+28%), while 3Q17 Adjusted Net Income came in at €89m (+19%) and 9M17 Adjusted NI at €313m (+71%).

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