Petrolina (company)
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Petrolina (company)
Petrolina (Holdings) Public Limited is the largest Cypriot oil company dealing in a wide range of petroleum operations. It is based in Larnaca. As of 2017, it had a nationwide retail network of 100 gas stations. It supplies and markets motor, industrial, domestic, marine and aviation fuels. History Petrolina was established in 1959 by Kikis Lefkaritis and his brothers Nikos, Takis, Kallis and Nakis. It was the first Cypriot oil company. Petrolina went public in December 2000 listing on the Cyprus Stock Exchange. In 2003, the company bought out Total Aviation with its two storage tanks in Vasilikos and started the process of moving its fuel terminals from Larnaca to Vasilikos (the process should be completed in 2021). In 2018, the turnover was €394.2 mln (up from €391.5 mln in 2017) and after-tax profits rose from €4.2 mln in 2017 to €4.3 mln. The company’s founder Kikis Lefkaritis died on November 30, 2020. See also *Cyprus Stock Exchange The Cyprus Stock Exchange ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Larnaca
Larnaca ( el, Λάρνακα ; tr, Larnaka) is a city on the south east coast of Cyprus and the capital of the district of the same name. It is the third-largest city in the country, after Nicosia and Limassol, with a metro population of 144,200 in 2015. Larnaca is known for its palm-tree seafront also called Finikoudes (Greek: Φινικούδες) as well as the Church of Saint Lazarus, Hala Sultan Tekke, Kamares Aqueduct, and Larnaca Castle. It is built on the ruins of ancient Citium, which was the birthplace of Stoic philosopher Zeno. Larnaca is home to the country's primary airport, Larnaca International Airport. It also has a seaport and a marina. Names The name ''Larnaca'' originates from the Ancient Greek noun 'coffer, box; chest, e.g. for household stores; cinerary urn, sarcophagus, coffin; drinking trough, chalice'. An informal etymology attributes the origin of the name to the many ''larnakes'' (sarcophagi) that have been found in the area. Sophocles Hadjisavv ...
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Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geographically in Western Asia, its cultural ties and geopolitics are overwhelmingly Southern European. Cyprus is the third-largest and third-most populous island in the Mediterranean. It is located north of Egypt, east of Greece, south of Turkey, and west of Lebanon and Syria. Its capital and largest city is Nicosia. The northeast portion of the island is ''de facto'' governed by the self-declared Turkish Republic of Northern Cyprus, which was established after the 1974 invasion and which is recognised as a country only by Turkey. The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains include the well-preserved ruins from the Hellenistic period such as Salamis and Kourion, and Cypr ...
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Oil And Gas Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the world’ ...
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Cyprus Mail
The ''Cyprus Mail'' is the only English-language daily newspaper published in Cyprus. Established in 1945, it is published every day except Monday, and most of the local articles are available on its website. History With the demise of the '' Cyprus Times'' in 1960, the ''Cyprus Mail'' remained the only English-language newspaper in Cyprus until the establishment of the '' Cyprus Weekly'' in 1979. Despite claiming to take an independent political position and to have no local political affiliations, it is widely regarded as a politically conservative and right-leaning publication. In its early years, the ''Cyprus Mail'' was the main rival to the ''Cyprus Times'', another English-language newspaper founded in Cyprus during the period of British rule. At that time, the ''Cyprus Mail'' was seen as more right-wing than the left-leaning ''Cyprus Times'', especially in its tendency to oppose the unification of Cyprus with Greece. Due to this, it was disliked by Greek-Cypriots and ...
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Cyprus Stock Exchange
The Cyprus Stock Exchange or CSE ( el, Χρηματιστήριο Αξιών Κύπρου or ΧΑΚ), is a European stock exchange located in Cyprus. {{Infobox person , name = Rohit kanojia , image = , image_size = , alt = , caption = , birth_date = {{birth date and age, df=yes, 2003, 05, 12 , birth_place = Ayodhya Ayodhya (; ) is a city situated on the banks of holy river Saryu in the States and union territories of India, Indian state of Uttar Pradesh. Ayodhya, also known as Sāketa, Saketa, is an ancient city of India, the birthplace of Rama and ..., India , death_date = , death_place = , alma_mater = Rameshwaram Institute of Technology & Management Technical school , occupation = politician , Father = Murli prasad , Mother = Madhuri ''Rohit kanojia (born 2003) is an Indian politician Diversification Strategy The excha ...
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Financial Mirror
{{Infobox Newspaper , , name = , image = Financial Mirror cover.jpg , image_size = 270px , caption = , type = Weekly newspaper , format = , foundation = 1993 , publisher =Masis der Parthogh , political = , headquarters = Nicosia, Cyprus , editor = , website Financial Mirror The ''Financial Mirror'' is an independent weekly business newspaper in Cyprus. Established in 1993, it is published every Saturday and complies with the Interior Ministry's Press and Information Office regulations for media, with a website and social media presence. The main paper is published in English, with sections in the past in Greek and Russian. It is printed on salmon-pink newsprint in ‘tabloid’ format. It used to publish a supplement in Greek (called Chrima & Agora, ''Xρήμα & Aγορά''), as well as a standalone weekly sister publication in Greek up to 2003 (OIKONOMIKI). The newspaper has survived and witnessed key event ...
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Non-renewable Resource Companies Established In 1959
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ...
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Energy Companies Established In 1959
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has mass when s ...
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Oil And Gas Companies Of Cyprus
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaio ...
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1959 Establishments In Cyprus
Events January * January 1 - Cuba: Fulgencio Batista flees Havana when the forces of Fidel Castro advance. * January 2 - Lunar probe Luna 1 was the first man-made object to attain escape velocity from Earth. It reached the vicinity of Earth's Moon, and was also the first spacecraft to be placed in heliocentric orbit. * January 3 ** The three southernmost atolls of the Maldive archipelago (Addu Atoll, Huvadhu Atoll and Fuvahmulah island) declare independence. ** Alaska is admitted as the 49th U.S. state. * January 4 ** In Cuba, rebel troops led by Che Guevara and Camilo Cienfuegos enter the city of Havana. ** Léopoldville riots: At least 49 people are killed during clashes between the police and participants of a meeting of the ABAKO Party in Léopoldville in the Belgian Congo. * January 6 ** Fidel Castro arrives in Havana. ** The International Maritime Organization is inaugurated. * January 7 – The United States recognizes the new Cuban government of Fidel Castro. * Ja ...
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