Glencore
Greek ex-consul in Rio in Petrobras scandal
Brazil's Petrobras found suspicious activity in its oil trading business - and failed to stop it - six years before an alleged bribery scandal erupted in that unit in 2018, according to three people with knowledge of the situation and documents seen by Reuters.
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Hellenic Petroleum sell-off stalls as no bids made
No binding bids have been submitted for a majority stake in Greece's biggest oil refiner Hellenic Petroleum, dealing a blow to a key part of a planned sell-off of state assets mandated by international bailouts.
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Greece sets April bid deadline for Hellenic Petroleum stake, workers to strike
Greece has set an April 3 deadline for shortlisted investors to submit binding bids for a majority stake in its biggest oil refiner, Hellenic Petroleum, two sources close to the sale said on Wednesday.
Greece and Paneuropean Oil and Industrial Holdings are jointly selling a 50.1 percent stake in Hellenic.
Extension expected for Hellenic Petroleum bids
Greece is set to extend the deadline for two investors to submit final bids for a controlling stake in Hellenic Petroleum to give them more time to scrutinize the company's finances, two sources close to the matter said.
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Two consortia approved for Hellenic Petroleum bids
Greece on Monday approved two consortia to submit final bids for a 50.1 percent stake in its biggest oil refiner Hellenic Petroleum, its privatizations agency said.
The consortia are: Glencore Energy with a unit of the US-based Carlyle Group; and Vitol Holding with Algeria-based Sonatrach.
Glencore and Vitol had already been short-listed last summer.
[Reuters]
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More bidders expected for HELPE
The two candidate investors vying for 50.1 percent of Hellenic Petroleum (HELPE), Vitol and Glencore, are seeking partners to submit joint binding bids for the majority stake in the listed company by January 2019.
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Hellenic Petroleum bid deadline pushed back
Greece has told short-listed investors to submit final bids for a majority stake in its biggest oil refiner Hellenic Petroleum (HELPE) by January, two sources close to the sale said on Monday, pushing the deadline back from November.
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Greece delays deadline for Hellenic Petroleum bids to January, say sources
Greece has told shortlisted investors to submit final bids for a majority stake in its biggest oil refiner Hellenic Petroleum by January, two sources close to the sale said on Monday, pushing the deadline back from November.
Hellenic Petroleum workers battling selloff block suitors from refineries
Workers at Hellenic Petroleum on Monday physically prevented suitors eyeing a majority stake in Greece's biggest oil refiner from entering two of its sites in protest at plans to privatize the utility, a union spokesman said.
While privatizations have been a key part of successive bailout agreements Greece has struck since 2010, they have been met with strong political resistance.
Greece shortlists Glencore, Vitol in Hellenic Petroleum majority stake sale
Greece has shortlisted Anglo-Swiss Glencore and Swiss Vitol to submit a binding bid for a majority stake in the country's biggest oil refiner Hellenic Petroleum, its privatization agency said on Wednesday.