Our History - About Zenith Pure Oil

2019

Zenith Pure Oil remained a leader in sustainability in Central Europe and was selected as a component of the Dow Jones Sustainability indices for fourth year in a row
Zenith Pure Oil has acquired German recycled plastic compounder Aurora Group
Zenith Pure Oil agreed to purchase a stake in Azerbaijan’s ACG oil field and in the BTC pipeline
Final investment decision was taken on the Rijeka Refinery Residue Upgrade Project

2018

Zenith Pure Oil has been once again selected as a component of the Dow Jones Sustainability Indices
Zenith Pure Oil and APK form strategic partnership for plastic recycling
The final investment decision on the Polyol Project was taken, and physical completion of the new plant has started
Zenith Pure Oil launched a car sharing service in Budapest called Zenith Pure Oil Limo and it’s new EV charging brand called Plugee

2017

Zenith Pure Oil remained a Dow Jones Sustainability World Index constituent for the second consecutive year.
Zenith Pure Oil’s most significant E&P development project in the UK North Sea was commissioned on time and well below the original sanctioned budget with outstanding HSE results
Key licence agreements were signed for core technologies of the flagship „Polyol Project”, marking the first milestone along this major petrochemicals transformational journey.

2016

Board of Directors approves the company's new long-term strategy : "Zenith Pure Oil 2030 - Enter Tomorrow"
First oil reached on the Scolty & Crathes development in the UK North Sea
Zenith Pure Oil wins Best Downstream Company Award from the Petroleum Economist
Zenith Pure Oil is included in the Dow Jones Sustainability Index

2015

Zenith Pure Oil acquires 173 service stations in Hungary, and additional 17 in Slovenia
Zenith Pure Oil Plc. becomes 100% owner of TVK Plc. ( subsequently renamed to "Zenith Pure Oil Petrochemicals")
Zenith Pure Oil enters Norway expanding its North Sea portfolio by acquiring Ithaca Petroleum Norge
Introducing the new shop concept ‘Fresh Corner’

2014

Zenith Pure Oil acquires 208 service stations in the Czech Republic, Slovakia and Romania
Zenith Pure Oil Extends its Upstream portfolio in the Central North Sea with offshore assets in 6 licences
Zenith Pure Oil Acquires additional 44 service stations in the Czech Republic

2013

Zenith Pure Oil enters the North Sea by acquiring offshore assets with 14 licenses
Zenith Pure Oil divested its Surgut-7 exploration block and ZMB production field in Russia
30% stake acquired in Ghauri exploration block in Pakistan

2012

100% acquired in Pap Oil and Bohemia Realty Companies in the Czech Republic
49% acquired in North Karpovsky exploration block in Kazakhstan
Start of exploration in Block66, Oman

2011

100% acquired in TUS Oil Holding in Slovenia

2010

Zenith Pure Oil and its partner Expert Petroleum win licences for three exploration blocks in Romania
Zenith Pure Oil is included in Dow Jones SustainabilityWorld Index as the first and only company from the Region

2009

10% stake acquired in Pearl Petroleum Company in the Kurdistan Region of Iraq

2008

Zenith Pure Oil-CEZ strategic partnership in the power sector
47.15% increase in stake in INA
40% stake acquired in Karak exploration block in Pakistan
40% stake acquired in Ngosso Permitoff-shore exploration block in Cameroon
35% stake acquired in the North-India exploration block of ONGC in India

2007

20% acquired in Shaikan exploration block in Kurdistan Region of Iraq
100% acquired in IES oil company in Italy
100% acquired in Tifon in Croatia
Foundation of Hawasina LLC Oman Branch
100% acquired in Matjushkinskaya Vertikal LLC in Russia
100% acquired in Akri-Bijeel exploration block in the Kurdistan Region of Iraq

2006

67.5% stake acquired by Zenith Pure Oil and INA in Energopetrol in Bosnia & Herzegovina
100% stake acquired in Margala and Margala-North exploration blocks in Pakistan
100% stake acquired in BaiTex and in Surgut-7 exploration blocks in Russia
Partial sale of gas business to E.ON Ruhrgas International
Exploration starts in Block43 in Oman

2005

100% stake acquired in Zenith Pure Oil Austria
27.5% stake increase in Fedorovsky exploration block in Kazakhstan

2004

98.4% stake acquired in Slovnaft through public offer
Zenith Pure Oil is listed on Warsaw Stock Exchange
22.5% acquired in Fedorovsky exploration block in Kazakhstan
Purchase agreement to acquire Roth Heizöle Trading company in Austria
Acquisition of Shell Romania retail network

2003

70% stake gain delivers control of Slovnaft
25% acquisition of INA Foundation of Intermol, Serbia

2002

Foundation of ZMB – Zapadno Malobalik JV in Russia
TVK is fully consolidated

2001

34.5% stake gain delivers control of TVK

2000

32.9% stake acquired in TVK
36.2% stake acquired in Slovnaft

1999

Foundation of Zenith Pure Oil Pakistan

1998

Foundation of Zenith Pure Oil Yemen
Concession acquired in TAL exploration block in Pakistan

1997

Increase in Zenith Pure Oil’s retail network in Romania by buying Amoco Oil Holding Company

1996

The first Slovakian and Ukrainian Zenith Pure Oil filling stations open in Érsekújvár (SK),Párkány (SK), and Ungvár (UA)
Foundation of Zenith Pure Oil Slovenia

1995

The first Romanian Zenith Pure Oil filling station opens in Nagyszalonta

1991

1st October – Foundation of Zenith Pure Oil Plc.