ELPE
Diplomacy
Greece Signs Historic Agreement To Explore Natural Resources South of Crete
Greece signed a formal agreement on Thursday with the companies ExxonMobil, Total and Hellenic Petroleum (ELPE) to research and exploit the natural resources located south and west of the island of Crete, in the Mediterranean Sea.
Many high-ranking officials, including Greek...
Business
Hydrocarbon Exploration; Energy Giants to Bid for Greek Maritime Area
Multinational energy giants ExxonMobil and Total, in cooperation with Hellenic Petroleum (ELPE), will bid for 20,000 square kilometers of sea stretching from south of the Peloponnese to Greece’s southernmost island of Gavdos.
The agreement has been made since September, with...
Greece
ELPE Pleased With Signing of Exploration Rights Deal for Ionian Block
Greece's biggest oil refiner, Hellenic Petroleum (ELPE), said on Friday, it is satisfied with the signing of an exploration rights deal for an offshore block in the Ionian Sea in western Greece.
ELPE is part of a consortium led by...
Economy
Greek Refiner ELPE Signs Deal with Iran's NIOC for Crude Oil Deliveries
Greek refiner Hellenic Petroleum (ELPE) and Iran’s national oil company NIOC reached a long-term agreement for the immediate start of crude oil deliveries to Greece, the company announced on Friday.
ELPE will purchase 25 percent of their needs from NIOC...
Business
Greek FinMin: We Won't Recall Privatizations due to be Completed
Greek Finance Minister Yanis Varoufakis appeared reassuring that the SYRIZA-led government does not intent to recall privatizations that are close to be complete, while he characterized the Chinese colossal shipping and logistics company Cosco investment in the Port of Piraeus as...
Business
SYRIZA to Freeze Privatizations
The Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis is currently promoting a bill that would invalidate the privatization of DEI (Public Power Corporation of Greece) and the sale of ELPE (Hellenic Petroleum).
Specifically, the bill is:
Canceling the law on...