HELLENiQ ENERGY, formerly known as Hellenic Petroleum, is Greece’s largest integrated energy company, with core operations encompassing refining, supply, trading and marketing of petroleum and petrochemical products. The company operates three primary refineries in Elefsina, Aspropyrgos and Thessaloniki, with a combined processing capacity exceeding 300,000 barrels per day. It markets fuels, lubricants and specialty products under established brands, serving retail outlets, wholesale customers and industrial clients throughout Greece and neighboring Southeast European markets.
Beyond its downstream activities, HELLENiQ ENERGY is active in power generation and natural gas infrastructure. Through partnerships and joint ventures, the company holds interests in gas-fired power plants and renewable energy projects, supporting Greece’s efforts to diversify its energy mix and reduce carbon emissions. Exploration and production initiatives form part of its strategic growth plan; HELLENiQ ENERGY holds exploration licences in the Eastern Mediterranean, collaborating with international partners on offshore hydrocarbon prospects in Cyprus’s maritime zones.
Established in 1998 through the consolidation of state-owned oil assets, HELLENiQ ENERGY has since broadened its footprint across the Balkans, the Adriatic and the wider Mediterranean region. Headquartered in Athens and with the Hellenic Republic among its principal shareholders, the company combines commercial objectives with a mandate to enhance national energy security. Its logistics network includes coastal terminals, pipelines and a fleet of transport vessels, facilitating efficient supply chains for refined products and crude oil imports.
Under the guidance of an experienced executive team, HELLENiQ ENERGY is pursuing a modernisation agenda focused on upgrading its refineries, advancing lower-carbon fuels and exploring emerging technologies such as biofuels, green hydrogen and carbon management. These initiatives aim to position the company for long-term resilience amid evolving regulatory and market dynamics within the global energy sector.
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