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Energy

Greek, Cypriot and Egyptian Leaders Agree to Broad and Active Partnership

Greece, Cyprus and Egypt took steps to display their appetite for a strong trilateral partnership with the commitment of economic and political cooperation from their three heads of state. Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades and Egyptian President...

USA Worried Over Russian-Funded "Turk Stream" Gas Pipeline in Greece

US State Department envoy for energy affairs Amos J. Hochstein, suggested to the Greek government not to give in to pressure by Russia regarding Moscow's gas pipeline project during a meeting with Greek foreign minister Nikos Kotzias, in Athens on Friday. Struggling for revenues, crisis-stricken Greece...

Russia Denies Report About Signing Gas Pipeline Deal with Greece

Russia has denied a report that it is about to sign a gas pipeline deal with Greece as early as Tuesday. The report came from German magazine Der Spiegel and cited an unnamed Greek government official. The Greek official said that...

Greece, Cyprus and Israel to Strengthen Cooperation

President of the Republic of Cyprus Nicos Anastasiades and outgoing Israeli Foreign Minister Avigdor Lieberman, who is currently on a private visit to Cyprus, held a meeting earlier, discussing energy cooperation, bilateral relations as well as regional issues. According to...

Merkel-Hollande: Greece's Turn to Russia a Sideshow

German Chancellor Angela Merkel and French President Francois Hollande view Greece’s overtures toward Russia as political theater and won’t be drawn into a debate on the matter, says a Bloomberg report. The two country leaders are said to believe that...

Tsipras: New Page in Greek-Russian Relations

"The ties between Greece and Russia can be upgraded to a new level and Greece can become a bridge between the West and Russia," Prime Minister Alexis Tsipras told TASS news agency, ahead of his upcoming visit to Moscow...

Committee to Evaluate Greek Hydrocarbon Research, Exploitation Bids Set Up at Ministry

An eleven-member committee to evaluate bids for hydrocarbon research and exploitation in three areas of Greece has been set up at the Ministry of Productive Reconstruction, Environment and Energy. It will cover the areas of Arta and Preveza (northwestern Greece), Etoloakarnania prefecture (central...

Greek Energy Minister in Moscow to Request Lift of Embargo to Greek Products

The lifting of the embargo to Greek agricultural products in Russia will be a key issue in today's visit of Greek Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis in Moscow. The Greek delegation will discuss the return of Greek...

Greek Energy Ministry Amendment Cancels Rises of Special Duty in Electricity Bills

The Greek Ministry of Productive Reconstruction, Environment and Energy announced on Sunday it is cancelling the increases in the special duty for the reduction of gas emissions (ETMEAR), which had been decided by Greece’s power regulator RAE, with an...

TOTAL to Withdraw from Cyprus Gas Exploration

The new developments in Cyprus' exclusive economic zone (EEZ) have French energy giant TOTAL ready to withdraw from the natural gas exploration and exploitation off the island's waters. The Cypriot government is trying to maintain the delicate balance between large...