The oil pipeline, which stopped operation in 2013, has a total length of approximately 213 kilometers, of which 70 kilometers run through Greek territory before continuing north to Skopje

The double significance of the agreement signed on hydrocarbons and the production schedule

Preliminary studies by HEREMA estimate potential natural gas reserves of around 680 billion cubic meters.

Apple confirmed it has signed a long-term deal to source energy from a 110 MW solar project owned and operated by HELLENiQ ENERGY.

Chevron and HelleniQ Energy have jointly submitted a formal bid to acquire four offshore blocks south of Crete and the Peloponnese.

Global oil majors are eyeing Greece’s upcoming tender for hydrocarbon exploration off Crete and the Peloponnese, with Chevron, BP, Eni and domestic player HELLENiQ ENERGY seen as potential bidders ahead of the September deadline

Ot.gr: Hydrocarbon exploration, exploitation tender will be unveiled upon publication in government gazette; Reports cite Chevron interest

Despite more robust refining margins, Goldman Sachs anticipates several headwinds for Motor Oil and Helleniq Energy

In a briefing with analysts, Helleniq Energy CEO Andreas Shiamishis said the refinery and energy group will finalize the end of its partnership with Edison

The new notes are expected to be listed for trading on the Euro MTF market of the Luxembourg Stock Exchange.

This evolving approach is exemplified in the recent developments surrounding Helleniq Energy, where the Latsis Group, its primary shareholder, reportedly intends to withdraw from the energy sector

3D seismic surveys were conducted in the two offshore blocks west and southwest of Crete by a consortium comprised of ExxonMobil and HelleniQ Energy

Sources disclose that the petroleum companies holding the concessions are seeking partners to jointly invest and share the costs of exploration and drilling.

The two companies currently split ownership of Elpedison 50-50, and will start negotiations on the new shareholder structure from next month

By all accounts, such drilling will focus on exploitable natural gas deposits in Greek waters

The total number of shares to be offered by the two majority shareholders corresponds to roughly 10 percent of the refinery group’s equity

According to reports, the latest tranche of HelleniQ shares will be listed on ATHEX by the end of the year, thereby increasing the already traded petrochemical concern’s free float percentage

Bulgaria was given a break on Russia oil sanctions in a bid to help citizens, but some say Russia profited on the derogation