Greece reconsiders the Dioryga Gas FSRU as energy security pressures mount, with the project moving back toward inclusion in DESFA’s long-term infrastructure plan
As part of the deal, Motor Oil Hellas and Alter Ego Media will enter the shareholding structure of the company that operates the ANT1+ platform, the first Greek streaming platform and one that has recorded significant growth
The Motor Oil Group announced adjusted EBITDA of €1.2 billion — and a generous dividend of €1.75 per share
The Athens Stock Exchange follows the strong upward reaction of the markets today.
Rising refining margins and higher aluminum prices, linked to tensions in the Middle East, could strengthen prospects for Greece’s energy and metals sectors, according to analysis from Optima Bank.
Greece’s gas grid operator excludes key connection works for the Dioriga Gas FSRU from its 2026–2035 development plan, prompting strong objections from Motor Oil over competition and energy strategy
Rising foreign coverage, record trading volumes and strong blue-chip gains signal a new era of visibility and depth for Athens-listed stocks
The Motor Oil Group subsidiary warns that unfinished regulatory and technical rules are keeping ready-to-operate battery facilities off the grid, delaying benefits for consumers and the electricity system.
With no alternative sites and stalled recycling projects, authorities approve yet another costly expansion of the Fyli landfill, highlighting years of delays in managing the capital’s waste
The group reported a net profit of 453.2 million euros for the period January-September, compared to 224.1 million euros for the corresponding period of 2024.
A 50-MW hydrogen production unit at the Agioi Theodoroi refinery has been greenlit, reflecting Greece’s bid to strengthen its role as a regional energy hub
After Greece’s first long-term U.S. LNG contract, attention is turning to new floating gas terminals (FSRUs) that could anchor the country’s role as a regional hub in Europe’s post-Russian energy map
Greek firms including GEK Terna, PPC, Metlen, AVAX, HELLENiQ Energy, and Motor Oil are positioning in Romania to enter Ukraine’s future reconstruction market.
The major deal will create a new utility company with a leading position in Greece and Southeast Europe
The green hydrogen is supplied by Austria’s Wien Energie. Meanwhile, Motor Oil is expected to begin producing its own green hydrogen in 2026.
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
The Hellenic Competition Commission has given the green light for the acquisition of HELECTOR by Motor Oil. The Plenary of the Commission unanimously approved, under Article 8 of the relevant law, the merger published on August 2, 2024. The decision concerns the acquisition of sole control over “HELECTOR S.A. – ENERGY AND ENVIRONMENTAL APPLICATIONS” by […]
Despite more robust refining margins, Goldman Sachs anticipates several headwinds for Motor Oil and Helleniq Energy
He succeeds his father, Vardis, who passed away last week at the age of 91
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91