For the tenth consecutive year, the HELLENIC PETROLEUM Group supports, through the “Proud of Youth” Corporate Responsibility program, excellent final students and University graduates who wish to continue their postgraduate studies at distinguished Universities in the United States, Europe and Greece. The postgraduate programs concern the fields of Engineering and Energy, Economics and Management and […]
Tag: ELPE
A. Siamisii: Year – record in 2022 for ELPE
A record year for Hellenic Petroleum was predicted by the group’s CEO Andreas Siamisii, presenting to analysts the results of the second quarter of 2022, which he said was probably the best quarter in its history. As he said, the next quarters will be positive – although not at the level of the second quarter […]
ELPE: Profitability jumps to 535 million euros in the second quarter
ELPE ended the second quarter of the year with a jump in profitability, against the background of the increase in international refining margins and the increased demand in the Greek market due to tourism. In particular, HELLENIC PETROLEUM Holdings S.A. announced that Comparable Earnings EBITDA of in the second quarter were formed in €535 millioncompared […]
Aegean and ELPE launch sustainable aviation fuel (SAF) flights from Athens airport as well
Aegean and Hellenic Petroleum Group continue their joint planning for more environmentally sustainable air transport and henceforth operate flights with sustainable aviation fuel (SAF)* also from Athens International Airport, the largest airport in the country. Following the first successful SAF refueling of the airport’s “Hydrant” refueling system carried out today by EKO, a subsidiary of […]
The big deals in green energy continue
Of Haris Fludopoulos Another acquisition agreement in the green energy market, that of the wind farms in Laconia of the Kopelouzos group bought by the Hellenic Petroleum group, has been added to the long list of agreements that have been implemented recently in the Greek market. Yesterday, therefore, ELPE announced the acquisition of 55.2MW power […]
ELPE and Neste will supply Greece and the AEGEAN with Neste Sustainable Aviation Fuel
In a major move closely linked to its emissions reduction strategy, HELLENIC PETROLEUM Group has entered into an agreement with Neste for the commercial distribution of Neste Sustainable Aviation Fuel TM (SAF) on flights by AEGEAN, the leading air carrier in GREECE. The HELLENIC PETROLEUM Group, through its subsidiary EKO, will ensure the supply of […]
ELPE: Acquisition of 55.2 MW wind farms in Eastern Mani
“Hellenic Petroleum” (ELPE), as part of the implementation of its strategy for development in the RES sector, announced the signing of a binding agreement for the acquisition by “ELPE RENEWABLE WIND PARKA MANIS S.A.” – a wholly owned subsidiary of ELPE RENEWABLES S.A. – of the companies “MAKRYLAKKOMA S.A.” and “SAGIAS SA”, owned by the […]
Eurobank Equities: ‘Liquid’ situation in industry and energy market – Revised target prices
Greek industrial and energy-exposed companies had a full of developments in 2022, with the main factor being the dynamics of the specific sub-sector, the general macroeconomic outlook and other specific parameters, Eurobank Equities states in its note. In electricity generation/supply, the sector remains fluid given recent regulatory intervention and, although generation and supply dynamics appear […]
ELPE: 75% of Total’s share in Crete’s hydrocarbons to ExxonMobil
In the hands of ExxonMobil passed the majority of Total’s lease contracts for the exploration and exploitation of hydrocarbons west of Crete, Hellenic Petroleum informed. In particular, as informed by ELPE, ExxonMobil Exploration and Production Greece (Crete) BV takes over 75% of TotalEnergies’ share (40%) in the Lease Agreements. The remaining percentage (25% of 40%) […]
Aviation in Greece is getting greener – SAF fuel on AEGEAN flights
By Fotis Fotinos The EU has set clear environmental targets and transport plays an important role in achieving them. The EU aims to reduce net greenhouse gas emissions by at least 55% compared to 1990 levels by 2030, achieving carbon neutrality by 2050. In aviation, the EU’s aim is to get on track with the […]
