Oil refinery
Motor Oil fined €9.2 mln for obstructing competition inspectors
Competition inspectors have fined the Motor Oil refinery 9.2 million euros and an employee €50,000 for obstructing an on-site inspection.
In a statement, the Hellenic Competition Commission said it had imposed the fines "after taking into consideration the particular seriousness of the related behavior, the disdain and their repercussion on the investigation taking place."
Greek firefighters contain a blaze at a major oil refinery that injured 3 workers
Three workers suffered light injuries during a fire Tuesday at a major oil refinery west of Athens that prompted Greek authorities to issue an evacuation alert for the surrounding area.
The blaze near the seaside town of Agioi Theodoroi, some 70 kilometers (40 miles) from Athens, was contained following a large firefighting operation, authorities said.
Double-digit profit gains for Motor Oil
Oil refining and trading company Motor Oil posted double-digit profit gains in the first half of 2024, it announced Wednesday.
Consolidated group earnings before interest, taxes, depreciation and amortization (EBITDA) were up 19.35%, reaching €638.7 million. Net profit rose 31.4% to €361.999 million. Group turnover rose 5.23% to €6.2 billion.
- Read more about Double-digit profit gains for Motor Oil
- Log in to post comments
Day 119 of the Invasion of Ukraine: American “Nazi Hunter” to head the War Crimes Commission
Here are the highlights of events related to the war in Ukraine over the past 24 hours:
Between 20 and 30% of Ukraine's infrastructure has been destroyed
Between 20% and 30% of Ukraine's infrastructure has been destroyed as a result of Russia's invasion. Roads, bridges, ports, railways and airports were destroyed.
Petromidia fire survivor transferred to Germany dies
One of the two persons injured in a recent explosion followed by fire at the Petromidia oil refinery who were transferred to Germany lost his life on Tuesday, Rompetrol has announced. "Deeply saddened, we want to inform you that today one of the two colleagues transferred urgently to Germany for treatment in the aftermath of the incident at the Petromidia Refinery has lost his life.
4 Workers Were Killed and 2 Others Were Wounded in an Explosion at Refinery in Turkey
Four workers were killed and two others were wounded in an explosion at the TÜPRAŞ Aliağa Refinery in Turkey's western Izmir province on Wednesday, District Governor Bayram Yılmaz said, Daily Sabah writes.
US gas prices still rising as energy industry starts to recover after Harvey
U.S. gasoline prices continued to rise on Sept. 3 amid fears of shortages, despite the restart of several key refineries on the U.S. Gulf Coast that had been crippled by Hurricane Harvey.
Fears of Chemical Plant Explosion as Harvey Floods Shut Down Oil Refineries
An industrial chemical manufacturer has warned its plant outside Houston could explode as fears turned to potential fuel contamination and ten oil refineries in the impact zone of tropical storm Harvey were shut down, according to The Guardian.
Saudis fully own US's biggest oil refinery
Saudi Aramco has become a 100-percent owner of Port Arthur, an oil refinery in Texas. Port Arthur has a capacity of 600,000 barrels per day, making it the biggest in North America.
- Read more about Saudis fully own US's biggest oil refinery
- Log in to post comments
Lukoil Bulgaria Refinery to Get Fined over Air Pollution
Lukoil Neftochim, a Burgas-based oil refinery, will be slapped with a fine for contaminating the city's air with hydrogen sulfide, Environment Minister Ivelina Vasileva has said.
Vasileva has told the Bulgarian National Television the official announcement is to come from local authorities later on Friday.