Press Releases

Hellenic Petroleum and the National Iranian Oil Company (NIOC) have reached a long term agreement, following series of deliberations in Athens and Tehran, that includes:Cooperation for the supply of crude oil, with immediate start of deliveries.Settlement of financial liabilities, which...

Record high operating results, increased exports, uninterrupted markets supply post capital controls with utilisation of available liquidity, successful management of crisis and capture of strong benchmark refining margins.HELLENIC PETROLEUM Group published its 3Q15 results, with Adjusted EBITDA at €240m (3Q14...

Based on its declared business interest in oil exploration and production in Greece, HELLENIC PETROLEUM S.A. responded to the competent Evaluation Committee’s invitation to improve its initial offers for the areas of Arta - Preveza and NW Peloponnese, by submitting...

Positive results on strong benchmark refining margins -uninterrupted operations during the banking crisisDuring 2Q15, HELLENIC PETROLEUM Group had to address the consequences of the 8 May 2015 accident at Aspropyrgos refinery, which also extended the turnaround process, the unplanned shut-down...

On the occasion of various articles and "information" on fuel sufficiency and operation of the gas stations, the CEO of HELLENIC PETROLEUM Mr. Grigoris Stergioulis has stated the following:HELPE refineries operate normally, fully ensuring the market’s needs.HELPE maintains fuel reserves...

Positive results on strong benchmark refining margins and high exports The Board of Directors of HELLENIC PETROLEUM approved today the Group’s consolidated financial statements of 1Q15. A positive set of results driven by strong benchmark refining margins, increased exports and...

In terms of corporate social responsibility activities, the HELLENIC PETROLEUM Group has focused on actions for the new generation as a priority. For the seventh consecutive year, we show our support to the new generation by awarding citizens of neighboring...

Record high production and exports, as well as the positive refining environment drive strong Group results;Significant negative impact on reported results from crude oil price decline HELLENIC PETROLEUM Group reported its strongest 4Q performance, leading to a FY Adjusted EBITDA...

Today, February 06, 2015, HELLENIC PETROLEUM submitted offers for the onshore lease block areas of Arta-Preveza and NW Peloponnese in West Greece, in the context of a relevant tender released by the Ministry of Reconstruction of Production, Environment & Energy...

Improved operating performance on better refining environment and higher exports on the back of Elefsina refinery. Crude oil price decline affected reported results. HELLENIC PETROLEUM Group reported improved consolidated operating results across all its activities with Adjusted EBITDA at €146...

Improved operating results across all main Group activitiesSuccessful implementation of financial strategy improving liquidity and financing termsOperating results across Group business units were improved in 2Q14, driven mainly from (a) performance of refining units, (b) increased contribution from Domestic and...

HELLENIC PETROLEUM announces that, following the singing of the Share Purchase Agreement for the sale of 66% of DESFA share capital (35% HELLENIC PETROLEUM – 31% HELLENIC REPUBLIC ASSET DEVELOPMENT FUND) to SOCAR, for €400 million, on 21 December 2013...

Improved results from all business units offset the weak European refining environment Key figures for the 1Q period to 31 March 2014 are:All numbers in €m1Q131Q14% ΔAdjusted EBITDA3851+35%EBITDA-1225-Adjusted Net Income-21-19-Net Income-78-38-Net Debt2,1882,3337%Total Assets7,1236,567-8%Weak European refining environmentEuropean refining background remained challenging...

The Lease Agreement for Hydrocarbon Exploration and Production in the area of West Patraikos Gulf was signed today by the business scheme comprising HELLENIC PETROLEUM S.A. (operator), Edison International S.p.A and Petroceltic Resources Plc., after the awarding, following the submission...

HELLENIC PETROLEUM SA, in accordance with Law 3556/2007, 1/434/03.07.2007 Decision of the Hellenic Capital Market Commission, article 13 of Law 3340/2005 and3/347/12.07.2005 Decision of the Hellenic Capital Market Commission, announces today that:HELLENIC PETROLEUM has successfully priced the issue of a...