Petrolina Holdings Public Ltd

What Petrolina Holdings Public Ltd does

Petrolina (Holdings) Public Limited is the publicly listed Cypriot petroleum company that leads the Lefkaritis Group, a diversified family-controlled conglomerate with operations spanning energy, aviation, shipping, real estate, and increasingly electric mobility. Founded in the 1960s and headquartered in Larnaca, Cyprus, the company is one of the largest enterprises in the country and operates across the broader energy value chain, including motor fuels (unleaded 95/98, Eurodiesel, Autogas), industrial heavy fuel oils, marine and aviation jet fuel (JetA-1), LPG, and Eni lubricants. Its physical asset base is anchored by the Vasilikos Energy Centre terminal, an approximately €80 million, 18-tank facility with 113,000 cubic meters of storage capacity, equipped with vapor recovery, automated fire protection, and advanced additive injection systems supporting the premium Petrolina EnergyMax fuel range. Distribution occurs through an extensive multi-brand retail network of Petrolina, Agip, and Eni stations across Cyprus, expanded in January 2026 with the acquisition of ExxonMobil Cyprus (rebranded eWise Cyprus Ltd), which added the ESSO brand.

The company monetizes primarily through transactional fuel sales (retail and B2B commercial accounts via the Petrolina Card fleet program) with pricing tied to commodity benchmarks plus station-level margin. Customer engagement is supported by the MyPetrolina mobile loyalty platform, which issues points (1 point per €1 on fuel/lubricants), sticker collections, and lottery entries redeemable for prizes, plus a separate B2B team plan for corporate customers. Revenue reached €559.4 million in FY2025 (compared with €570.1 million in FY2024), while pre-tax profit tripled to €8.7 million from €3.1 million, and the company declared a 4.2 cent per share total dividend. Beyond core fossil fuels, Petrolina has launched three growth-adjacent sub-brands under the Lefkaritis Group: pcharge (EV charging), Petrolina Solar (photovoltaic systems), and Petrolina Electric (electricity supply), positioning for energy-transition demand while maintaining its dominant incumbency in Cypriot petroleum distribution.

Name

Petrolina Holdings Public Ltd

Legal name

Petrolina (Holdings) Public Limited

Website

https://petrolina.com.cy

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

101–250 employees

Short description

Petrolina (Holdings) Public Limited is a Cypriot petroleum company operating a multi-brand fuel station network (Petrolina, Agip, Eni, ESSO) across Cyprus, supplying motor fuels, aviation and marine fuels, LPG, and lubricants, and now expanding into EV charging, solar, and electricity supply.

Ownership category

akta.pro rank

Product category

Petroleum Distribution and Retail Fuel

NAICS

Gasoline Stations with Convenience Stores (45711), Fuel Dealers (457210), Gasoline Stations and Fuel Dealers (457)

SIC

Wholesale-Petroleum Bulk Stations & Terminals (5171), Retail-Auto Dealers & Gasoline Stations (5500)

akta.pro primary industry

Retail Service Station Operations (Company-Owned & Dealer-Operated) (EUALAIAA)

akta.pro secondary industries

Fuel Pricing, Loyalty & Payments Platforms (POS, Mobile Pay, Fleet Cards, Loyalty Programs) (EUALAIAK), Aviation Fuel Marketing (Into-Plane, Airport Fueling) (EUALAIAH)

Keywords

• Petroleum products distribution
• Retail fuel stations
• Aviation fuel supply
• Marine bunkering services
• Commercial fleet fuel cards

Headquarters

HQ city

Larnaca

HQ country

Cyprus

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Fuel Sales - Retail: Sale of motor fuels (unleaded 95/98, Eurodiesel, Autogas) through Petrolina, Agip and Eni branded stations across Cyprus to retail consumers.
2. Commercial/B2B Fuel Sales: Sale of fuels to commercial customers, businesses and other petroleum companies through the station network and direct commercial accounts.
3. Lubricants: Sale of lubricant products including Eni lubricants.
4. Aviation Fuel: Supply and distribution of jet fuel (JetA-1) for aircraft operations.
5. Shipping/Maritime Fuel: Supply of marine diesel and fuel oil (LFO/HFO) for shipping industry.
6. LPG (Liquefied Petroleum Gas): Distribution and sale of LPG products.
7. Industrial Fuels: Supply of industrial fuel products to manufacturing and industrial operations.
8. MyPetrolina Loyalty Program: Points-based loyalty program where customers earn points (1 euro = 1 point) on fuel purchases, redeemable for products and rewards.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Petrolina (Holdings) Public Limited is a Cypriot downstream petroleum company that imports, stores and distributes motor fuels, industrial fuels, aviation jet fuel, marine bunkering fuels, LPG and Eni lubricants through its own Petrolina, Agip, Eni and now ESSO branded station network across Cyprus, supported by the modern Vasilikos Energy Centre terminal. Its consumer-facing digital layer is the MyPetrolina loyalty app (points, stickers, raffle entries, team plans) and its commercial layer is the Petrolina Card corporate fuel-card program, with adjacent energy-transition businesses spanning the pcharge EV-charging brand, Petrolina Electric and Petrolina Solar.

Product overview

Petrolina (Holdings) Public Ltd operates as a vertically integrated energy company offering motor fuels, industrial fuels, marine and aviation fuels, LPG, and lubricants through its extensive station network across Cyprus. The core consumer-facing digital product is the MyPetrolina app (a loyalty program with points, stickers, lotteries, and team plans), which complements the Petrolina Card corporate fuel card program. The group has expanded into electric mobility with the pcharge EV charging brand, electricity supply through Petrolina Electric, and solar energy via Petrolina Solar. Key recent additions include the Vasilikos terminal (2020) and eWise Cyprus (formerly ExxonMobil Cyprus, acquired January 2026).

Differentiator

Problem solved

Functional benefit

Brands

• MyPetrolina: Loyalty rewards program application for petrol stations, offering points, stickers, lottery entries, and exclusive offers for customers at Petrolina, Agip, and Eni stations.
• Petrolina EnergyMax / P-EnergyMax
• pcharge
• Petrolina Solar
• Petrolina Electric
• Petrolina Racing Team
• ESSO
• Petrolina Energy Team

Products and services

• Motor Fuels (Καύσιμα Κίνησης) Automotive fuels — unleaded gasoline (95/98 octane), Eurodiesel and Autogas (LPG) — distributed through Petrolina/Agip/Eni/ESSO stations to retail customers and commercial fleets in Cyprus.
• Industrial Fuels (Καύσιμα Βιομηχανίας) Heavy fuel oils (LFO/HFO) and light fuel oils for industrial and commercial heating applications, sold directly to industrial customers in Cyprus.
• Shipping & Aircraft Fuels (Καύσιμα Ναυτιλίας & Αεροσκαφών) Marine diesel and aviation jet fuel (JetA-1) supplied via the Vasilikos terminal to shipping companies (bunkering) and aircraft operators at Cyprus's airports; delivered through Petrolina Aviation, PPT Aviation Services, LCA Aviation Fueling System, Hellenic Aviation Fueling Company and P.W. Bunkering Services (East Med).
• LPG (Υγραέριο) Liquefied petroleum gas products (including Autogas at stations) distributed and sold through the group's LPG subsidiaries to retail and commercial customers in Cyprus.
• Lubricants (Λιπαντικά) Eni lubricants and other automotive lubricants sold at participating stations across Cyprus, integrated with the MyPetrolina loyalty rewards program.
• MyPetrolina App — Consumer Loyalty Program Mobile loyalty platform for individual consumers buying motor fuels and lubricants at Petrolina, Agip, Eni and ESSO stations in Cyprus, with points (1 point per €1 on fuels/lubricants, valid 3 years), sticker collection (1 sticker per €10), raffle entries (1 per €10) and optional team plans for organisations.
• Petrolina Card — Corporate Fuel Card Business fuel-card program for commercial customers and fleet operators in Cyprus, providing dedicated terms, centralized billing and access to the Petrolina/Agip/Eni/ESSO station network.
• Petrolina EnergyMax (P-EnergyMax) Premium Fuels Premium-quality motor fuels including Unleaded 95/98, Eurodiesel and Autogas variants, produced with advanced additive technology meeting European specifications and offered at Petrolina/Agip/Eni stations alongside standard fuels.
• eWise Cyprus / ESSO retail offering Retail fuel and petroleum product offering under the ESSO brand in Cyprus, now operated by eWise Cyprus Ltd following the January 2026 acquisition, complementing Petrolina, Agip and Eni stations.
• pcharge Electric Vehicle Charging Electric vehicle charging services provided under the pcharge brand by the Lefkaritis Group, enabling EV drivers in Cyprus to charge on Petrolina-associated charging infrastructure as part of the group's energy-transition strategy.
• Petrolina Electric — Electricity Supply Retail/commercial electricity supply offering under the Petrolina Electric brand, providing customers in Cyprus with electricity procurement services as part of the group's sustainable-energy portfolio.
• Petrolina Solar — Solar Energy Solar energy solutions offered under the Petrolina Solar brand, including photovoltaic installations at Petrolina stations and broader renewable-energy infrastructure under the Lefkaritis Group.

Quantifiable outcome

• Total turnover of €559.4 million in 2025
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered minor, major, core and growing.

• Doers Summit 2026minorGTM or Marketing Partner · 21 May 2026Petrolina participated as Silver Partner at Doers Summit 2026 in Limassol, showcasing their e-mobility brand pcharge and Group brands Petrolina Solar and Petrolina Electric.
• eWise Cyprus Ltd (formerly ExxonMobil Cyprus Limited)majorStrategic or Co-development Partner · 30 January 2026Acquired 100% of ExxonMobil Cyprus Limited through subsidiary Med Energywise Ltd on January 30, 2026. The acquisition brings the ESSO brand into the Petrolina Group, expected to provide economies of scale in the supply chain and new development prospects.
• AgipcoreChannel Partner/ Reseller/ DistributorBrand partnership where Petrolina operates petrol stations under the Agip brand in Cyprus, alongside their own Petrolina brand and Eni brand stations.
• EnicoreChannel Partner/ Reseller/ DistributorBrand partnership where Petrolina operates petrol stations under the Eni brand in Cyprus, alongside their own Petrolina brand and Agip brand stations.
• Petrolina Card PartnersminorChannel Partner/ Reseller/ DistributorStation owners and operators who participate in the Petrolina Card and MyPetrolina loyalty programs.
• pchargegrowingTechnology or IntegrationElectric vehicle charging brand operated by the Group, offering EV charging solutions as part of Petrolina's energy transition strategy.
• Petrolina SolargrowingTechnology or IntegrationSolar energy brand of the Group, providing renewable energy solutions alongside traditional fuel products.
• Petrolina ElectricgrowingTechnology or IntegrationElectricity supply brand of the Group, part of the diversified energy portfolio.
• DeLeMa Communication LtdminorStrategic or Co-development PartnerAdvertising agency mentioned in MyPetrolina promotional campaigns terms and conditions, excluded from lottery participation.
• Petrolina Racing TeamminorGTM or Marketing PartnerCompany's motorsport team participating in Cyprus Rally Championship, promoting the Petrolina brand through motorsport.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• HelleniQ Energy (formerly Hellenic Petroleum): Greece's largest downstream petroleum group operating refining, fuels marketing and retail stations across Greece and the wider Eastern Mediterranean. Closest comparable by geography, business mix (refining-to-retail), and Cypriot adjacency.
• Motor Oil Hellas: Greek petroleum refiner-retailer with Corinth refinery and a branded retail network. Comparable to Petrolina on vertically integrated fuels, aviation/marine supply, and Mediterranean retail footprint.

Broad incumbents

• Eni SpA: Global integrated oil major and Petrolina's existing brand partner (Eni-branded stations in Cyprus). Comparable as the upstream-to-retail incumbent whose lubricants, additives and brand Petrolina distributes and co-markets.
• BP plc: Global oil major with retail station networks, aviation fueling, lubricants and a growing convenience/energy transition offering. Comparable as a broad incumbent whose downstream economics shape Cyprus fuel margins.
• Shell plc: Global integrated energy major with retail, lubricants, aviation and EV charging. Comparable as a full-stack competitor whose pricing, EV strategy (Shell Recharge) and convenience retail set the global benchmark Petrolina's transition brands must match.
• TotalEnergies SE: Global integrated energy company with downstream retail, lubricants, aviation and an aggressive EV/solar retail rollout. Comparable as a broad incumbent whose multi-energy station model is a direct strategic reference point for Petrolina Solar/Electric/pcharge.

Emerging players

• Puma Energy: Mid/downstream fuel marketer focused on emerging markets with retail, aviation, marine and lubricants. Comparable as a smaller, multi-country downstream peer whose growth playbook (regional bolt-on M&A) mirrors Petrolina's recent ESSO acquisition.
• Prio S.A. (Petrobras Distribuidora successor): Independent Brazilian fuel retailer focused on branded stations and lubricants. Comparable as an emerging downstream specialist whose branding/loyalty-led station growth strategy is analogous to Petrolina's MyPetrolina-led retail model.

Regional players

• SOCAR Energy Cyprus / SOCAR Trading: Azerbaijan's state oil company's downstream arm operating retail stations and fuel trading across the Eastern Mediterranean. Comparable as a regional peer that competes with Petrolina on aviation, marine and retail in neighboring Eastern Mediterranean geographies.
• Delek Group / Delek Israel Fuel: Israeli fuel retail and refining operator with a dominant station network. Comparable as a regional downstream peer in the Eastern Mediterranean with similar retail, lubricants and aviation positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/petrolina-holdings-public-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petrolina Holdings Public Ltd