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Greece, Bulgaria Launch Natural Gas Pipeline to Cut Russian Reliance

Greece and Bulgaria opened the natural gas pipeline on Friday following the completion of the construction phase, the project company developing the facility, ICGB,...

Greece Could Be Sitting on “600 Billion Cubic Meters” of Natural Gas

Greece could be sitting on natural gas reserves of more than 600 billion cubic meters, a senior executive of its hydrocarbons commission told Reuters...

Greece Sets 2023 as Make or Break Year for Natural Gas Exploration

Greece said on Tuesday that by 2023, it will be known whether it has natural gas reserves that are economically viable to extract, as...

Turkey Claims to Have Discovered Enormous Natural Gas Deposit in Black Sea

According to a new report by Reuters, Turkish President Erdogan claimed on Friday that his country's experts have discovered the largest gas deposit that...

Mammoth Natural Gas Deposit Could be Lying Just South of Crete

Geological surveys of the sea area south of Crete have indicated that up to 10 trillion cubic feet of natural gas could be hidden...

New Natural Gas-Fired Power Plant Consonant with Greece's Green Agenda, Says PM Mitsotakis

Greek Prime Minister Kyriakos Mitsotakis reiterated on Wednesday the pledge he first made at the UN Climate Change Summit in New York in September,...

Greece's DEPA to Begin Selling Natural Gas to Bulgaria

Greek energy provider DEPA on Tuesday became the first Western company to strike a deal with Bulgaria’s state-owned Bulgargaz to provide natural gas to the country. This...

Natural Gas Deposits in Cyprus' EEZ Alters Balance in East Mediterranean

This week's announcement of the discovery of a natural gas field containing 5 to 8 trillion cubic feet of the resource, in plot 10 of Cyprus'...

US Exxon Mobil Announces Huge Natural Gas Discovery Off Cyprus

The American Energy Company Exxon Mobil announced on Thursday afternoon that after a series of exploratory drillings, they have discovered large quantities of natural...

Trans-Adriatic Natural Gas Pipeline Nearly Complete

Katerina Papalexandri, the manager of the Greek section of the new pipeline, announced on Monday that the construction of the Trans-Adriatic Pipeline is nearly complete. Speaking...