Energy

“Historic” US-Venezuela Deal Gives America Control Over 65 Billion Barrels of Oil

The United States and Venezuela announced on Friday that they have signed a "historic" oil deal which gives the US majority control over the exploitation of more than 65 billion barrels of crude oil reserves in the Latin American...

Iran-Linked Hackers Shut Down UK Power Generator for Four Days

Iran-linked hackers forced a UK power generator offline for four days in a cyberattack that raised fresh concerns over threats to critical energy infrastructure. The incident occurred in July and targeted what British officials described as a small-scale power...

Greece’s New Rules for Wind and Solar Projects Take Effect

Greece has put a new national framework for renewable energy projects into force, introducing stricter rules on where wind, solar and other clean-energy installations can be built while expanding protections for the country's natural landscapes, cultural heritage and local...

Fossil Fuels Account for 29.6% of EU Electricity

Fossil fuels accounted for nearly 30% of electricity production in the European Union (EU) in 2025, while renewable energy remained the bloc's leading source of power. Preliminary Eurostat data show that fossil fuels generated 29.6% of EU electricity during the...

Greece-Cyprus-Israel Power Interconnector Gains US and French Momentum

The Great Sea Interconnector, the ambitious electricity link designed to connect Greece, Cyprus and eventually Israel, is gaining new political and financial backing after years of delays and uncertainty. On Monday, a US State Department spokesperson reaffirmed Washington's support for...

US Lawmakers Push Trump to Back Greece-Cyprus-Israel Power Link

A bipartisan group of US lawmakers is urging the Trump administration to make the Great Sea Interconnector, a planned electricity link connecting Greece, Cyprus and Israel, a strategic priority for the United States. Reps. Brad Schneider (D-Ill.) and Gus Bilirakis...

Greece Connects Santorini and Southern Cyclades to Mainland Power Grid

A major milestone for Greece’s energy map is on the horizon as the electrical interconnection of the Southern Cyclades enters its final stretch. Last week, the power interconnection of Santorini was successfully completed, signaling the countdown toward the island’s...

Greece Orders Nationwide Investigation of Wind Farms After Devastating Wildfire

Greek prosecutors have ordered a nationwide preliminary investigation into wind farms following a major wildfire that began in Boeotia and spread into western Attica, raising questions about the safety, licensing and maintenance of energy infrastructure in fire-prone areas. The investigation...

French Investment Gives New Momentum to Greece-Cyprus Power Link

France has thrown its weight behind the long-delayed Great Sea Interconnector (GSI), with infrastructure investment giant Meridiam becoming the majority shareholder in the company responsible for developing the strategic electricity link between Greece and Cyprus. The agreement, signed Wednesday at...

Greece Launches Nuclear Energy Debate as Power Needs Grow

For decades, nuclear energy was considered politically untouchable in Greece. Scarred by memories of the 1986 Chornobyl disaster and blessed with abundant sunshine and wind, the country instead focused on renewable energy while rejecting domestic nuclear power. That long-standing consensus...

Cyprus Enters Gas Export Market With Eni’s Cronos Development

On Tuesday, Eni announced that it has reached the Final Investment Decision (FID) for the development of the Cronos gas field in Cyprus’s Exclusive Economic Zone (EEZ), aiming to bring the country’s first natural gas to market in 2028. According...

Greece’s Milos Rejects Geothermal Exploitation

The Municipal Council of Milos has sent a defiant message against geothermal exploitation on the island, issuing a unanimous resolution in response to a request by PPC Renewables to conduct exploratory drilling. The Council stated its absolute opposition to any...

US, Greece, Cyprus, and Israel Launch Eastern Mediterranean Energy Center

The United States, Cyprus, Greece, and Israel have formalized a new energy partnership aimed at securing infrastructure and boosting natural gas development in the Eastern Mediterranean. US Energy Secretary Chris Wright signed a Declaration of Intent (DOI) alongside Cypriot Energy...

Why Electricity Bills Remain High in Greece Despite Renewable Energy Growth

Despite Greece’s more than three hundred days of sunshine per year, its powerful winds, and its growing energy investments, Greeks still pay disproportionately high electricity bills compared to other EU states. In recent years, Greece has rapidly expanded solar and...