Sustainable development

Motor Oil acquires Elin Verd

Motor Oil Group announced the acquisition of all the shares of the "ELIN VERD" company. VERD was founded in 2005 and is engaged in the production and marketing of biofuels. The company has a biodiesel production plant in Volos with a production capacity of 80,000 tons of biodiesel per year.

Guterres urged: More Taxes on the Profits of Energy Companies

UN Secretary-General Antonio Guterres has called for special taxes on oil and gas companies. His statement comes as rising energy prices fueled by the war in Ukraine are pushing industry profits to new highs. All this is happening while households struggle with ever-increasing bills, the UN Secretary-General emphasizes.

Incentives for biomethane production

Biomethane, after photovoltaics, is emerging as the next field of activity for citizens in renewable energy sources. A bill promoted by the Ministry of Environment and Energy establishes incentives for the production and use of biomethane that can be distributed through the existing natural gas network and used by consumers.

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