For decades we have refined, traded and delivered energy, and now we are shaping a cleaner, more resilient future.
Discover our businesses →HICL invests in, manages and oversees the Group's refining, trading and retail operations from its base in Larnaca, Cyprus. Our goal is reliable energy today and a sustainable energy system for tomorrow.
Energy is evolving, and we are evolving with it. Our strategy rests on three pillars:
We invest in profitable, lower-carbon technologies that reduce emissions across our operations.
We grow beyond traditional fuels through new products, services and partnerships.
We enter new business segments that strengthen our core operations.
Our core businesses continue to supply the products Europe relies on every day, giving us the stability to invest with confidence in what comes next.
Holborn European Marketing Company Limited
From our base in Larnaca, HEMCL is the Group's commercial and trading hub. We source crude oil and feedstocks, market refined products and trade oil products across our network.
HOLBORN Europa Raffinerie GmbH · Hamburg
Our Hamburg refinery processes crude oil, other hydrocarbons and bio components. Direct access to sea and inland waterways, and our own harbour for importing and dispatching finished products, give us the logistical strength to serve customers efficiently.
Deutsche Tamoil GmbH · HEM
Under the HEM brand, Deutsche Tamoil runs our German service station business. As one of Germany's ten largest petrol station companies, we operate more than 400 stations nationwide, serving drivers wherever they travel.
Future Energy
Green Diesel project · Hamburg
Our Hydrotreated Vegetable Oil (HVO) project is a cornerstone of our net-zero ambition. It will convert residual and waste materials into high-quality renewable fuel, processing approximately 300,000 tonnes of feedstock into more than 200,000 tonnes of HVO.
Beyond Fuel
New energy services
We are building new services for a changing market, including EV charging infrastructure, convenience retail, digital customer services and direct investment in renewable energy projects.
Engineers, operators, safety specialists and retail teams. The group's performance rests on the experience of the people who run each stage of the value chain.
The group took shape one step at a time. Each stage built on the one before it, from a coal business in 1925 to renewable fuels in 2027.
Hermann Eggert starts a coal business in Elmshorn, the roots of the HEM name.
The group acquires the closed Hamburg refinery. On 22 December the first tanker, NEDI 1, berths at Dock 6.
Production restarts on 4 January, and former employees return.
Crude arrives by pipeline from Wilhelmshaven. The first HEM station opens in Westerrönfeld.
HEM expands into a nationwide network, giving the group a direct position in the German retail market.
Renewable diesel and sustainable aviation fuel production is planned to start in Hamburg.
Concept models created for this website, not archive objects.
Construction of the plant for renewable diesel and sustainable aviation fuel has reached its halfway mark. Commissioning is planned for 2027.
Source: Oilinvest newsletter, Issue [00], [DD Month YYYY]
German Customer Award 2026, fuel-station category.
Source: Oilinvest newsletter, Issue [00], [DD Month YYYY]From Larnaca, HEMCL sourced crude oil and feedstocks and marketed refined products across the Group's network.
Source: Oilinvest newsletter, Issue [00], [DD Month YYYY]Looking ahead, HICL is building a Group
that is cleaner, more diversified
and ready for the energy of the future.
