Motor Oil

Greek energy costs and heating aid measures

32 clusters · 192 sources · last updated about 17 hours ago

Latest: Greek officials call for energy crisis support and income protection

The 2026-2027 heating season in Greece is characterized by high energy costs and significant government intervention. Wholesale electricity prices have surged to approximately €238.80 per megawatt-hour, driven by rising

Greek fiscal performance and tax enforcement trends

20 clusters · 97 sources · last updated 1 day ago

Latest: Greece tax crackdown expected to generate 9.1 billion euros

Greece reported strong fiscal and corporate performance throughout 2026. By the end of the first nine months, the state recorded a primary surplus of approximately €7.55 billion, exceeding the €5.129 billion target. Tota

Greek tourism and aviation growth amid rising inflation

142 clusters · 305 sources · last updated 1 day ago

Latest: Greece ranks among top 10 European winter travel destinations

By late 2026, the Greek tourism and aviation sectors continue to show resilience despite mounting inflationary pressures. While tourism revenue remains strong, the annual inflation rate climbed to 5% in September, driven

Greece expands energy subsidies and cost-of-living aid

36 clusters · 208 sources · last updated 1 day ago

Latest: Greece announces support measures for coastal fisheries

Greece is expanding its economic strategy to combat high energy costs and inflation through industrial subsidies and social support. Prime Minister Kyriakos Mitsotakis has announced a €95 million support package for ener

Greek electricity price volatility and gas export growth

3 clusters · 35 sources · last updated 1 day ago

Latest: Greece natural gas consumption reaches third-highest historical level

In September 2026, wholesale electricity prices in Greece reached a yearly high of 211.76 euros per megawatt-hour, a 177.63% increase compared to the same day in the previous year. Price volatility is most pronounced dur

Renewable energy and storage sector financing and markets

25 clusters · 102 sources · last updated 1 day ago

Latest: BYD and PowerCo advance battery production plans in Europe

The renewable energy and clean-tech sectors continue to see significant capital inflows directed toward energy storage, solar, and mobility infrastructure. While the sector has faced market consolidation, recent developm

Athens Stock Exchange volatility and banking sector shifts

135 clusters · 172 sources · last updated 1 day ago

Latest: Global markets react to inflation data and banking sector shifts

Following a period of significant growth and its reclassification from emerging to developed status, the Athens Stock Exchange entered a period of intense volatility in late October 2026. A sharp downturn throughout the

EU nations seek oil windfall tax amid rising fuel prices

16 clusters · 286 sources · last updated 6 days ago

Latest: EU member states consider windfall tax on oil profits

The push for a centralized European windfall tax has met resistance from the European Commission, which maintains that taxing extraordinary profits is a matter of national sovereignty. While several nations requested a p

Financial outlook for Greek banks and Motor Oil

2 clusters · 10 sources · last updated 8 days ago

Latest: UBS maintains positive outlook for Greek banks and Motor Oil

Financial institutions have issued updated assessments for several major Greek entities, including Motor Oil and various banks. In October 2026, Piraeus Securities raised its target price for Motor Oil to 81 euros from

Saudi Aramco energy security and oil supply resilience

6 clusters · 103 sources · last updated 8 days ago

Latest: Saudi Aramco reports 34.5% profit jump in Q3 2026

Following a temporary suspension of the East-West Pipeline on September 13 due to drone attacks, Saudi Aramco CEO Amin Nasser emphasized the infrastructure’s resilience, noting that its multiple parallel lines allow for

Medical and industrial incidents in Cyprus and Greece

2 clusters · 8 sources · last updated 26 days ago

Latest: Health crisis in Cyprus and refinery explosion in Greece

In Cyprus, health authorities have temporarily suspended a private clinic in Nicosia after Legionella pneumophila was diagnosed in a newborn. Preliminary tests confirmed the bacteria in the facility’s water supply. As a

Motor Oil refinery explosions in Greece

3 clusters · 52 sources · last updated 26 days ago

Latest: Motor Oil refinery explosion in Corinth injures four workers

On October 9, 2026, an explosion occurred at the Motor Oil refinery in Agioi Theodoroi, Greece, during scheduled preventive maintenance on heat exchangers in unit U-607. The incident involved a gas decompression that eje