Aegean Oil
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Aegean Oil S.A. ( el, ΑΙΓΑΙΟΝ ΟΙΛ A.E.) is a Greek oil company. Aegean is in 1st place in the
Petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...
-
Energy 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 a ...
sector in Greece. Aegean is the largest natural supplier of marine fuels and lubricants in Greece and is the only independent oil company that is both an international fuel supplier and ship lubricant producer. Aegean is the fastest growing company in the Greek
petroleum Petroleum, also known as crude oil, or simply oil, is a naturally occurring yellowish-black liquid mixture of mainly hydrocarbons, and is found in geological formations. The name ''petroleum'' covers both naturally occurring unprocessed crud ...
market. It was an affiliated company of Aegean Marine Petroleum Network Inc. The company is owned by the Melissanidis family. Aegean Oil have more than 700 gas stations in Greece making Aegean the second most popular gas station provider in Greece, behind only EKO


History

Aegean Oil was founded on May 28th, 1999 by Dimitris Melissanidis. Aegean Oil's strategic decision was to start operating from northern Greece first and acquired Greek oil company EVROIL in
Alexandroupoli Alexandroupolis ( el, Αλεξανδρούπολη, ), Alexandroupoli, or Alexandrople is a city in Greece and the capital of the Evros regional unit. It is the largest city in Western Thrace and the region of Eastern Macedonia and Thrace. It h ...
. Shorty after Iakovos Melissanidis, brother of Dimitris Melissanidis, joined Aegean Oil and moved to Alexandroupoli and helped progress the company in north Greece. Within the first two years Aegean Oil opened 150 gas stations in north Greece. In 2006, Aegean Oil acquired all fuel and lubricant facilities of
Texaco Texaco, Inc. ("The Texas Company") is an American Petroleum, oil brand owned and operated by Chevron Corporation. Its flagship product is its Gasoline, fuel "Texaco with Techron". It also owned the Havoline motor oil brand. Texaco was an Indepe ...
in
Athens Athens ( ; el, Αθήνα, Athína ; grc, Ἀθῆναι, Athênai (pl.) ) is both the capital and largest city of Greece. With a population close to four million, it is also the seventh largest city in the European Union. Athens dominates ...
. Aegean Oil kept on growing and became nationwide developing 550 gas stations throughout Greece by 2016.


Recent years

As of 2022, Aegean Oil has more than 700 gas stations across Greece. In 2019, Aegean Oil was in the Fortune Worlds Most Admired Companies. In April 2020, Aegean Oil donated €300 thousand to the National Health System of Greece during the Corona Virus pandemic. Aegean Oil has also implemented a heating oil sponsorship program in 200 schools all across Greece. In 2021 Aegean Oil was listed in 8th place among the most important import and trading companies of Greece. In 2022 Aegean Oil was listed in Greece's top-20 "Most Admired Companies" and is also 1st place in the Petroleum-Energy sector. Aegean is the fastest growing company in the Greek petroleum market. Aegean Oil has rapidly expanded to become one of the country’s most popular brands, positioning among the top companies of the oil industry in Greece. In addition to the company’s thousands of gas station consumers, Aegean also sell their products directly to leading hospitals, corporations, and industrial plants, who rely on Aegean quality, service, and competitive pricing every day.


Marine fuels

Aegean Oil has been active in the shipping industry since 1990 and is the largest natural supplier of marine fuels and lubricants in Greece. Aegean Oil is fully certified by
Lloyd's Register Lloyd's Register Group Limited (LR) is a technical and professional services organisation and a maritime classification society, wholly owned by the Lloyd’s Register Foundation, a UK charity dedicated to research and education in science and ...
. Aegean supply marine fuels and lubricants, within the largest Greek ports and their anchorages, supplying ocean-going ships, cruise ships and coastal ships at the most competitive prices. Aegean Oil supplies all marine fuels with the latest
ISO ISO is the most common abbreviation for the International Organization for Standardization. ISO or Iso may also refer to: Business and finance * Iso (supermarket), a chain of Danish supermarkets incorporated into the SuperBest chain in 2007 * Iso ...
specifications. All deliveries are made 24 hours a day, 365 days a year via double wall tankers or via the company's own tankers. Aegean Oil has privately owned facilities in the area of
Aspropyrgos Aspropyrgos ( el, Ασπρόπυργος) is a suburb of Athens, and a municipality in the West Attica regional unit, Attica, Greece. The municipality had a population of 30,251 at the 2011 census. It has an area of 101.983 km2. Etymology The na ...
with fully equipped quality control laboratories.


See also

*
Energy in Greece 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 an ...


References


External links

*{{Official website Oil and gas companies of Greece Greek brands