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Motor Oil (Hellas) Corinth Refineries S.A. (Greek: ΜÏŒτορ ÎŒιλ (Ελλάς) Διυλιστήρια Κορίνθου Α.Ε.) is a petroleum industry company based in Greece focusing on oil refining and trading. It is a leading force in its sector in Southern Europe and the Mediterranean. [5] [6]
Old World Industries (OWI) is an American automotive and chemical company best known for their PEAK brand of motor oil, antifreeze and other automotive products. The company markets itself as an "independent, family-owned business". It sells products in over 60 countries. [2] [3] [4] [5]
Corinth Refinery is an oil refining complex in Greece, the largest industrial complex in the country with a capacity of 380,000 barrels per day (60,000 m 3 /d), and it is operated by Motor Oil Hellas. [1] [2] [3]
The family controls Motor Oil Hellas, where Vardinoyannis is Chairman and Chief Executive Officer, [5] while he is also serving as Chairman and CEO in Avin Oil. [8] In the past he served as non-executive board member in Piraeus Bank [9] until June 2012. [10] He is the principal shareholder of the Cairo-based Vegas Oil and Gas.
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 ...
BP p.l.c. (NYSE:BP) inked a deal under which Apollo Global Management, Inc. (NYSE:APO) managed funds will acquire a non-controlling stake in BP Pipelines TAP Limited for around $1 billion. The bp ...
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