Search Results: Motor Oil

The fire that broke out on September 17 at the Motor Oil refinery in Agioi Theodoroi is under control. Firefighters worked through the night and three workers were injured while nearby residents were evacuated. Investigations into the cause are underway.

According to initial reports, the fire started inside the facilities, while blasts could be heard from inside the compound facility. A large, dark plume of smoke covered the skies in the area. 

Motor Oil, a petroleum industry company based in Greece focusing on oil refining and trading, is scheduled to hold an extraordinary meeting on July 17 to approve the acquisition

The company approved a record 199.4-million-euro dividend distribution to its shareholders, or 1.80 euros per share, in a general meeting to be paid out on Wednesday, July 3rd.

The mega project will be undertaken by the consortium Hellenic Hydrogen, with Motor Oil controlling 51% and PPC 49% of the scheme

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

Alpha Finance maintained a “buy” recommendation for the stock.