Hellenic Petroleum Company News

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Hellenic Petroleum 2Q Core Profit Drops On Weaker Refining Margins
Thursday, August 30, 2018 Hellenic Petroleum reports an 18% drop in second-quarter core profit.

Hellenic Petroleum Workers Battling Selloff Block Suitors From Refineries
Monday, August 27, 2018 Workers at Hellenic Petroleum physically prevented suitors eyeing a majority stake in Greece's biggest oil refiner from entering two of its sites in protest at plans to privatise the utility.

Oil Minister: Foreign Oil Companies To Settle Iran's Debt In Euros
Wednesday, February 10, 2016 Iran's oil minister said foreign oil companies that owe his country billions of dollars are likely to settle their debts in euros.

Vegas Acquires Rights to West Obayed Concession
Friday, December 17, 2010 VEGAS OIL & GAS S.A. has signed an agreement with HELLENIC PETROLEUM S.A. to purchase part of its rights in the West Obayed Concession for the exploration and production of hydrocarbons in the Western desert of Egypt.

Hellenic Sells 20% Stake in Libyan O&G License
Monday, September 22, 2008 Hellenic Petroleum has announced the agreement to sell its 20% participating interest in a Libyan oil and gas exploration license.

Hellenic Petroleum Nabs Egyptian Project
Thursday, October 11, 2007 Hellenic signed a concession agreement for exploration and production rights inthe Mesaha area of Egypt for a gross financial committment of $14.3 million and holds a 30% interests in the block.

Hellenic Moves Into Egypt with West Obayed Contract
Wednesday, June 06, 2007 Hellenic Petroleum S.A. has acquired hydrocarbon exploration and exploitation rights in West Obayed, Egypt.

Hellenic Reports Sirte Basin Discovery
Monday, May 07, 2007 Hellenic Petroleum S. A. on Monday reported a gas discovery in well A1-NC206, which is located in Libya's Sirte Basin.

New Natural Gas Discovery Made in Libya
Wednesday, January 03, 2007 Repsol YPF in conjunction with Woodside Petroleum Ltd. reports that the C1-NC210 exploration well encountered a gas column and flowed 5.7 million standard cubic feet of gas per day (MMscfd) through a 72/64 inch choke.

Hellenic Garners More Egyptian Acreage
Wednesday, November 08, 2006 The Egyptian Ganoub El Wadi Petroleum Holding Company ("GANOPE") announced the results of the International 2006 Bid Round -1 for new concessions in Egypt.

Melrose Wins New Concession in Egypt
Tuesday, November 07, 2006 Melrose Resources plc has learned that it is the successful bidder for a new exploration block in Egypt in the bidding round for new concessions organized by the Ganoub El Wadi Petroleum Holding Company ("GANOPE").

Hellenic Petroleum & Partners Make Gas Discovery in Libya
Friday, October 06, 2006 Hellenic Petroleum reports a gas discovery in well B1-NC210 in Libya's Murzuq Basin.

Ramco & Hellenic Restructure Relationship Offshore Montenegr
Tuesday, February 15, 2005 Ramco Energy's wholly owned subsidiaries Medusa (Montenegro) Limited and Medusa Oil & Gas Limited have reached agreement to restructure their exploration interests in the Adriatic Sea offshore Montenegro.

Ramco & Hellenic Form JV to Explore Offshore Montenegro
Wednesday, May 28, 2003 Ramco Energy and Hellenic Petroleum have formed a joint venture for the exploration of their extensive acreage offshore Montenegro.