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Cyprus: No Exploitable Quantities of Hydrocarbons Found in 'Onasagoras'

Cyprus was prepared for the possibility that no hydrocarbon reserves would be found in the “Onasagoras” area in block 9 of Cyprus` Exclusive Economic...

Hydrocarbons in Gulf of Patras Evaluated at 14 Bln Euros

Hydrocarbon exploitation at the Gulf of Patras will create a thousand of new working positions, boost Western Greece's local economy and is valued at 14 billion...

London Event to Showcase Greek Hydrocarbon Blocks

The Greek government is preparing an important showcase, in cooperation with the Greek Embassy in London and the Research Center for Energy Management (RCEM)....

Greece Signs Hydrocarbon Exploration Deal, Eyeing EUR4.4bn

After a hiatus of 15 years, Greece's hydrocarbon industry started to swing back into action Wednesday. Three energy consortia signed concessions for the exploitation of hydrocarbon deposits...

Greek Prime Minister: '150 Billion Euros Revenue From Hydrocarbons'

The Greek Prime Minister, Antonis Samaras, during a meeting that took place at the Ministry of Environment Energy and Climate Change, claimed that Greece’s...

Indian Oil Company Interested in Greek Hydrocarbons

Another oil company, the Indian Oil and Natural Gas Corporation (ONGC) has been added to the list of those interested in hydrocarbon exploration in...

Greece Plans National Hydrocarbon Company

Greek Prime Minister Antonis Samaras on June 5 Tuesday announced plans for setting up a "national hydrocarbon company" to prospect for natural gas and...

Hydrocarbon Reserves in Greek Waters

The Norwegian seismic surveys in the waters of the Ionian islands and Crete showed that these areas are rich in oil and natural gas....

Cyprus Launches 2nd Hydrocarbon Licensing Round

Cyprus` Council of Ministers authorised the Minister of Commerce, Industry and Tourism Praxoulla Anotoniadou to proceed with all necessary actions for the launching of...