SOURCE: Industrial Info Resources

Industrial Info Resources

November 29, 2010 02:05 ET

Hellenic Petroleum Keeps Ship Steady Amid European Economic Storm, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 29, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In the face of lower refining margins worldwide and economic turmoil in its home country, Hellenic Petroleum S.A. (ATH:ELPE) (Athens, Greece) delivered steady results for the third quarter of 2010. Net income was reported to be 72 million euros ($96.01 million), a 16.13% increase from third-quarter 2009.

Industrial Info is tracking 21 active Hellenic projects worldwide that are worth a total of almost $900 million, including upgrades at the company's refinery in Thessaloniki, Greece. For more information, visit Industrial Info's International Petroleum Refining Project Database.

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