Hellenic Petroleum SA (HEPr.AT)
22 Mar 2018
Wed, Mar 21 2018
ATHENS Greece and Paneuropean Oil and Industrial Holdings are in talks to divest a combined majority stake in Greece's biggest oil refiner Hellenic Petroleum , Hellenic said.
ATHENS Greece could sell up to a 51 percent stake in its biggest oil refiner Hellenic Petroleum to meet a key condition of its international bailout, government and union officials said.
* Greece considering sale of majority stake in Hellenic Petroleum
ATHENS Oil majors Exxon Mobil , Total and Repsol are among members of two consortia that have submitted bids to explore for oil and gas off Greece.
* EBITDA, adjusted for oil inventory holdings, at 170 mln euros
ATHENS, Feb 22 Hellenic Petroleum, Greece's biggest oil refiner, on Thursday reported a 21 percent drop in fourth-quarter core profit due to weaker refining margins.