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.

Sources at HELLENiQ Energy Motor Oil, quoted by Ot.gr, appeared reassuring that the country retains sufficient crude oil reserves to meet domestic and export demand

The total dividend proposed is 199.4 million euros, or 1.80 euros per share.

Reports claimed the refinery group was interested in Helektor, a waste management and power generation company

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