Press Releases

Record high profitability on operational performance and positive refining environment; Lower finance costs and FY17 dividend proposal of €0.40/share HELLENIC PETROLEUM Group announced its 4Q/FY17 results, according to IFRS. FY17 Adjusted EBITDA came in at €834m (+14%), the highest on...

Positive operating results on crude mix optimization and improved benchmark refining margins. Significant reduction on financing costs and interim dividend distribution of € 0.15 per share. HELLENIC PETROLEUM Group announced third quarter and nine month financial results. 3Q17 Adjusted EBITDA...

Hellenic Petroleum’s Chairman of the BoD Mr. E. Tsotsoros referred to 31/10 as “An important day, which signifies a change in Greece’s energy landscape and may act as a springboard for the country’s international competitive presence, with the production of...

The Award Ceremony for the 19 scholarships the Helpe Group awarded to distinguished students was held today, at the Group headquarters. The students will continue their studies at specialized Post-Graduate Programs at the University of Piraeus, the Technical University of...

Higher production and sales, supply optimisation and stronger benchmark margins lead to improved operating performance HELLENIC PETROLEUM Group announced second quarter and first half financial results, with 2Q17 Adjusted EBITDA at €228m (+46%) and Adjusted Net Income at €98m, significantly...

HELLENIC PETROLEUM S.A. announces the Members of the new Board of Directors of the Company:• Mr. Efstathios Tsotsoros remains Executive Chairman of the BoD • Mr. Grigorios Stergioulis remains Chief Executive Officer• Mr. Andreas Shiamishis is appointed Deputy Chief Executive...

Today the JV of Total (operator), ExxonMobil and Hellenic Petroleum submitted to the Ministry of Environment and Energy and to EDEY an official application expressing its interest to explore for hydrocarbons in two adjusted offshore blocks in Crete.The three companies...

Reported Net Income at €124m, up by +287.5%; higher production and sales HELLENIC PETROLEUM Group announced strong financial results, according to IFRS, with 1Q17 Adjusted EBITDA at €229m (+35%) and Adjusted Net Income at €126m (+80%). Benchmark refining margins remained...

G. Stergioulis, Hellenic Petroleum’s CEO, during the opening speech of the two-day conference of IENE, «Oil Refining, Storage and Retail in SE Europe», expressed his conviction that HELPE Group will be a strong regional energy group in Southeast Europe and...

HELPE Group would like to express its satisfaction for the acceleration on the process followed in the exploration and production of hydrocarbons sector. The initialing of the Lease Agreement for ‘Block 2’, west of Corfu, is a major step towards...

From leftt to right, Mr. George Zafeiropoulos, Exploration & Production Manager-Helpe Upstream, Mr. Grigorios Stergioulis, Helpe CEO, Mr. Pantelis Pantelidis, University of Piraeus Associate Dean and Professor, Dr. Nikolaos Farantouris Director of the MSc Program in Energy Strategy, Law &...

Reported Net Income at record high of €329m, despite weaker benchmark refining margins by 25% HELLENIC PETROLEUM Group announced its FY16 results, according to IFRS. In FY16, the Group achieved significantly higher profitability, for the second consecutive year, following losses...

The Ministry of Environment & Energy today, in the context of the 2nd International Round, declared HELLENIC PETROLEUM as the “Selected Applicant” for the offshore block 10, W. Greece, Kyparissiakos Gulf.This declaration of HELLENIC PETROLEUM as the “Selected Applicant” follows...

Positive results on increased production and exports, despite weaker benchmark refining margins Strong operational performance in Refining, Supply & Trading, the Group’s main activity, as well as increased exports led 3Q16 HELLENIC PETROLEUM Group Adjusted EBITDA at €191m, despite the...

"Welcome to the Board membersIt is a great pleasure for HELPE Group and myself to host here in Athens this off-site Board meeting; a Board meeting that happens to have such a crucial agenda, aiming to focus on strategic questions...