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Oil Spill at Thessaloniki Port Alarms Greek Authorities
An oil spill from a cargo ship in the Port of Thessaloniki on Thursday has alarmed authorities who are racing against time to prevent...
Oil Prices Surge After OPEC+ Announce Unexpected Production Cut
On Monday, oil prices rose by as much as 6% after Saudi Arabia, Russia, Iraq, and other members of OPEC+ announced that they would...
Biden Approves Controversial Willow Oil Project
The Willow oil drilling project in Alaska has been given the green light by the administration of Joe Biden, a move which has been...
Greece has ‘High Expectations’ from Gas Deposits Off Crete
The government in Greece said Tuesday it has "high expectations" from the exploration of natural gas in the maritime area off Crete.
Greece began gas...
Celts Imported Greek Pottery, Olive Oil, and Wine 2,600 Years Ago
Celts consumed Greek wine according to a recent study of ceramic containers which have been excavated from the hillfort site of Vix-Mont Lassois in...
Shell to Pay $16M to Nigerian Farmers Over Oil Damage
Shell, a global energy and petrochemical group, agreed to pay out sixteen million dollars (£13 million) to four Nigerian farmers and their villages as...
Russia Says Will Not Accept Oil Price Cap
The Russian government has said that it "will not accept" a price cap on its oil. Russia's response came today after the EU reached...
Greece Becomes a European Hub for Liquefied Natural Gas
Greece is becoming a European hub of liquefied natural gas (LNG) as demand grows in the wake of the war in Ukraine, PM Kyriakos Mitsotakis...
Gas Reserves of Greece Could Supply EU for the Next Five Years
Natural gas has always been a valuable commodity in Europe and is becoming even rarer now, but what is the reason for this? What...
Greece Begins Gas Exploration Off Crete
Greece began gas exploration starting with seismic surveys on Thursday in offshore areas west and southwest of Crete, Environment and Energy Minister Kostas Skrekas...