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Motor Oil Hellas was founded on May 7, 1970, by Vardis Vardinogiannis and Georgios Paraschos Aleksandridis. It is headquartered in Marousi, Greece. [1] Since 1972 Vardis J. Vardinoyannis has been chairman and managing director. [7]
The company is transitioning from a government-owned enterprise to a privately held enterprise. 21.8% of its shares are available to the public through a float on the Athens Stock Exchange, with the Greek government retaining 35.5% and Paneuropean Oil and Industrial Holdings S.A. (a Latsis family holding company) owning the remaining 45.5% of ...
Greece has 10 million barrels of proved oil reserves as of 1 January 2011. [11] Hellenic Petroleum is the country's largest oil company, followed by Motor Oil Hellas. Greece's oil production stands at 7,946 barrels per day (bbl/d), [11] ranked 90th, while it exports 1,863 bbl/d (57th) [11] and imports 496,600 bbl/d (25th). [11]
Vardis Vardinogiannis (Greek: Βαρδής Βαρδινογιάννης; 4 December 1933 – 12 November 2024) was a Greek billionaire oil and shipping businessman. [5] He was the chairman and controlling shareholder of Motor Oil Hellas [6] and Vegas Oil and Gas and involved in numerous other shipping and business interests. [7]
Motor oil, engine oil, or engine lubricant is any one of various substances used for the lubrication of internal combustion engines. They typically consist of base oils enhanced with various additives, particularly antiwear additives , detergents, dispersants , and, for multi-grade oils, viscosity index improvers .
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The oil is dyed blue to make it easier to recognize in the gasoline. It appears black in this bottle because it is not diluted. Two-stroke oil (also referred to as two-cycle oil, 2-cycle oil, 2T oil, or 2-stroke oil) is a special type of motor oil intended for use in crankcase compression two-stroke engines, typical of small gasoline-powered ...
Motor Oil Hellas; P. Prometheus Gas; S. SEKA (oil company) This page was last edited on 1 July 2020, at 01:18 (UTC). Text is available under the Creative Commons ...