Oil

ELPE reports record EBITDA figure of €834m for 2017

22/02/2018

ELPE (Hellenic Petroleum) has posted an adjusted EBITDA figure of €834m (+14%) for 2017, the highest on record, with group refineries improving utilization and operations and achieving a record overperformance vs benchmark margins. The ELPE group, which released its fourth […]

Gas

Tender seen for subterranean gas storage unit in the north

22/02/2018

The energy ministry and TAIPED, the state privatization fund, are making preliminary  moves leading to an international tender for the development of a subterranean natural gas storage facility in the south Kavala offshore area through utilization of a virtually depleted gas deposit. […]

Gov’t to seek milder PPC market share reduction targets

22/02/2018

The energy ministry will seek to soften the main power utility PPC’s bailout-required retail electricity market share […]

PPC lignite units sale plan heading to parliament early March

22/02/2018

A draft bill detailing the main power utility PPC’s lignite assets to be placed for sale, […]

EU parliament seeking consumer supplier shifts within 24 hours

22/02/2018

European Parliament plans to propose an EU electricity market revision that would enable consumers to switch […]

Lower international prices prompt decline in electricity exports

22/02/2018

Latest market data released by LAGIE, the Electricity Market Operator, for January has confirmed a reduced […]