Vitol
Mytilineos signs UK power plant deal
Mytilineos on Thursday announced the signing of a contract for the development of an open-cycle gas turbine (OCGT) power plant project in Immingham, North Lincolnshire in England, for VPI Immingham-B LLP (VPI-B), a non-consolidated group entity of Vitol.
The contract signed by Mytilineos consists of the engineering, procurement and construction (EPC) of a 299-megawatt OCGT plant.
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The plan of Israel, Cyprus and Greece for LNG exports to Europe
Israel pledged its support to its European allies in their quest for energy security and independence through Energy Minister Karin Elharar during yesterday's ministerial meeting with Costas Skrekas and Cypriot Minister Natasa Peleidou.
This was noted by Ms. Elharar in her statements promising gas exports from the fields of the Israeli EEZ to European markets.
Seven bidders shortlisted for gas supplier DEPA Commercial
Greece's privatization agency (TAIPED) said on Tuesday that it has shortlisted seven investors for the purchase of a majority stake in the country's dominant gas supplier, DEPA Commercial.
Greece gets nine non-binding bids for stake in gas supplier DEPA Commercial
Greece has received nine non-binding bids for the sale of a 65 percent stake in its dominant gas supplier DEPA Commercial, its privatisation agency said on Monday.
Investors who have expressed an interest in the stake include Shell Gas, Vitol Holding, Power Globe, MET Holding and C.G. Gas Limited of Greece's Copelouzos group, the agency said in a statement.
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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