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Petrolina Profit Rises To €8.3M In 2025, Dividend Proposed

Robust Financial Performance

Petrolina (Holdings) Public Limited reported consolidated profit after tax of €8,300,087 for the year ended December 31, 2025, compared with €2,725,272 in 2024, indicating a higher level of profitability year on year. At the same time, profit before tax reached €8,726,827, up from €3,070,903 in the previous year, according to the consolidated management report.

Dividend Policy And Shareholder Returns

Following this performance, the board proposed a final dividend of 2.0 cents per share, corresponding to a 5.88% payout, in addition to interim dividends of 1.0 cents and 1.2 cents paid in November and December 2025. Approval of the dividend remains subject to the upcoming annual general meeting.

Strategic Expansion And Market Diversification

Operations include 95 service stations in Cyprus and 223 in Greece through the subsidiary Silk Oil, indicating the group’s presence across both markets. Expansion continued with the acquisition of ExxonMobil Cyprus Limited on January 30, 2026, which was subsequently renamed eWise Cyprus Ltd and allows Petrolina to supply Esso-branded products in Cyprus.

Commitment To Innovation And Renewable Energy

Alongside its core operations, the company is expanding into renewable energy through the rollout of electric vehicle charging stations under the “pcharge” brand. Infrastructure developments include a new station in Frenaros, upgrades to point-of-sale systems, and the relocation of fuel storage and LPG facilities to Vassiliko.

Managing Geopolitical And Market Challenges

External conditions continue to affect operations, particularly developments in the Middle East and disruptions in energy supply routes such as the Strait of Hormuz. In response, sourcing has shifted toward Greek refineries and partners in the Eastern Mediterranean, while trade measures introduced in 2025 have increased costs related to imports, financing, and inventory.

Looking Ahead

The results combine higher profitability with continued expansion across operations and infrastructure. At the same time, sourcing adjustments and cost pressures reflect current conditions in energy markets and international trade.

OpenAI Brings Unlimited Text Chats To Free ChatGPT Users

Unlimited Text Conversations Roll Out

OpenAI is removing limits on text-based conversations for all ChatGPT users, following the platform’s recent milestone of surpassing one billion weekly users.

The update introduces GPT-5.6 Luna as the default model for Free and Go users, replacing GPT-5.5.

New “Think” Button For More Complex Questions

Alongside unlimited text chats, Free and Go users will gain access to a new “Think” button, allowing them to use additional reasoning power for more complex queries.

OpenAI noted that separate usage limits will continue to apply to file uploads, image generation, voice features and other multimodal tools.

Faster Responses For Paid Subscribers

The update also brings improvements for ChatGPT Plus and Pro subscribers. They will receive access to GPT-5.6 Sol, an upgraded model designed for everyday tasks such as web research, planning, writing, decision-making and answering questions. According to OpenAI, the model delivers shorter, more robust responses.

The company noted that this version is separate from the GPT-5.6 Sol model used in Codex and Work, which remains unchanged. Plus and Pro subscribers will also receive a new thinking slider, allowing them to adjust how much reasoning the model applies before generating an answer, depending on the complexity of the task.

OpenAI Reports Fewer Errors

According to OpenAI’s internal testing, GPT-5.6 Luna produces 62% fewer factual errors than GPT-5.5 Instant, while GPT-5.6 Sol reduces factual errors by 68%.

The updated GPT-5.6 Sol model is available to Plus and Pro users starting today. The remaining features for Free and Go users will roll out throughout the week, with unlimited text chats and the new Think button becoming available next week.

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