Press Releases

On September 22nd 2012, The Wall Street Journal published an article titled “IMF: Lack of Competition Hurts Greek Fuel Market”, extracts of which were reproduced by Greek media. This article, allegedly based on a draft internal report by the International...

Strong operating results on refining performance and cost control.Reported results affected by inventory losses.Elefsina refinery commissioning phase completed; commercial operation in 3Q12Key figures for 2Q & 1H 2012:Adjusted EBITDA 2Q12: €197m (2Q11: €144m) 1H12: €272m (1H11: €217m)EBITDA 2Q12: € 54m...

Satisfactory results despite deteriorating domestic market environment; Elefsina nearing completion – Ready for Start-up in 2Q12. Key figures for the 1Q 2012 are:Adjusted EBITDA 1Q12: € 75m (1Q11: € 72m)EBITDA 1Q12: €108m (1Q11: €165m)Adjusted Net Income 1Q12: € 45m (1Q11...

HELLENIC PETROLEUM management presented the Group’s strategy and prospects to Greek institutional investment community representatives during an event organised by Eurobank EFG Equities in Athens, on Thursday 26 April 2012.Start-up of the upgraded Elefsis refinery and its impact on the...

Positive results, despite challenging environment. Key figures for the FY and 4Q period to 31 December 2011 are: • EBITDA FY11: €375m (FY10: €507m)(excl. restructuring charges) 4Q11: € 36m (4Q10: €122m)• Adjusted EBITDA FY11: €363m (FY10: €474m) 4Q11: € 76m...

Positive underlying performance despite challenging environment. Key figures for the 9M and 3Q period to 30 September 2011 are: Reported EBITDA 9M11: €339m (9M10: €378m) 3Q11: € 70m (3Q10: € 87m) Adjusted EBITDA 9M11: €287m (9M10: €388m) 3Q11: € 70m...

HELLENIC PETROLEUM, held an “analyst day” at its premises with the participation of reputable Greek and international brokers. This initiative comes as part of our regular communication with the investor community. Delegates had the opportunity to discuss with management the...

Positive set of results despite weak industry environment and challenging domestic market. Key figures for the 1H and 2Q period to 30 June 2011 are:• Adjusted EBITDA 2Q11: €144m (2Q10: €183m) 1H11: €217m (1H10: €306m)• EBITDA 2Q11: €103m (2Q10: €142m)...

Adverse market environment affected Group results Key figures for the 1Q 2011 are:· Adjusted EBITDA 1Q11: € 72m (1Q10: €124m) · EBITDA 1Q11: €165m (1Q10: €150m) · Adjusted Net Income 1Q11: € 45m (1Q10: € 43m) · Net Income 1Q11...

Positive results due to improved refining environment, increased contribution of international activities as well as the results of transformation efforts to enhance competitiveness. Key figures for the 12- and 3-month period to December, 31 2010 are:• Adjusted EBITDA FY10: €474m...

Hellenic Petroleum S.A., following an international tender, has decided to transfer part of its rights in the West Obayed Concession for the exploration and production of hydrocarbons in the Western desert of Egypt to Vegas Oil & Gas S.A.. The...

Improved operating performance within worsening market conditions. Key figures for the 9M and 3Q period to 30 September 2010 are:• Adjusted EBITDA 9M10: €388m (9M09(1): €360m) 3Q10: €82m (3Q09(1): €124m)• EBITDA 9M10: €378m (9M09(1): €377m) 3Q10: €87m (3Q09(1): €105m)• Adjusted...

Positive set of results amid worsening market conditions and continued downstream industry challenges. Key figures for the 1Η and 2Q period to 30 June 2010 are:• Adjusted EBITDA 1H10: €306m (1H09(1): €236m) 2Q10: €183m (2Q09(1): €109m)• EBITDA 1H10: €292m (1H10...

The European Investment Bank provides a total of EUR 400 million to HELLENIC PETROLEUM SA, for increased production of cleaner fuels through upgrading the Elefsina refinery. The agreement was celebrated in a public signature ceremony in Athens today. The contracts...

Solid performance against a weakening market environment Key figures for the 1Q 2010 (1Q09 refers to IFRS published accounts) are:Adjusted EBITDA 1Q10: €124m (1Q09 1: €126m)EBITDA 1Q10: €150m (1Q09: €92m)Adjusted Net Income 1Q10: €43m (1Q09 1: €56m)Net Income 1Q10: €43m...