gas
Business
Nord Stream 2 Pipeline Nixed by Germany after Russian Invasion
German Chancellor Olaf Scholz called a halt to the Nord Stream 2 Baltic Sea gas pipeline project on Tuesday as a result of Russia's invasion of two separatist regions of Ukraine.
Originally meant to enable a doubling of the amount...
Diplomacy
East Med Gas Feasible Only Through Turkey, Erdogan Says
The EastMed pipeline project, which aimed to bring natural gas from Israel directly to Europe cannot become a reality without Turkey, Turkish President Recep Tayyip Erdogan said on Monday.
“This is not a project that can be materialized. They (the...
Energy
Greece Grants $452 Million in Energy Financial Relief
Greece extended the financial relief offered to businesses and households due to the rising energy costs on Friday.
PM Kyriakos Mitsotakis announced that the government will allocate another 400 million euros ($452 million), covering a significant part of the increases...
Europe
Belarus Threatens to Stop Supplying Gas to Europe
Belarusian leader Alexander Lukashenko threatened to halt the country's gas pipelines from supplying Europe with energy on Thursday.
Belarus is now being sanctioned by the European Union for contributing to the migrant crisis on the continent. There are currently countless...
Energy
Greece Offers Power Subsidy to Households as Energy Price Soars
Greece announced on Friday a series of measures that would offer households subsidies to cope with soaring energy prices.
“In this unprecedented energy crisis, we will not leave anyone unprotected,” said Environment and Energy Minister Costas Skrekas at a joint...
Energy
Greece Calls on EU to Protect Consumers From Gas Price Spikes
Greece called on the European Union on Monday to create a special mechanism to protect consumers from steep gas price spikes across the bloc.
In a joint letter to the head of the eurozone’s finance ministers, Paschal Donohoe and Greek...
Europe
Britain on Immigration Policy U-Turn to Tackle Worker Shortage
Britain will issue up to 10,500 temporary work visas to lorry drivers and poultry workers to ease chronic staff shortages, the government announced Saturday, in a U-turn on post-Brexit immigration policy.
The short-term visas, to run from next month until...
Diplomacy
Turkey Threatens to Extend Gas Mission South of Crete; Counter-Navtex Issued
Turkey announced on Wednesday that its seismic exploration activities in the eastern Mediterranean would continue and could extend south of Crete.
“Of course we can carry out exploration wherever we want and we do so. We will continue our work....
Cyprus
Is Cyprus Abandoning Russia?
Cyprus President Anastasiades' televised news conference recently confirmed the notion that there never was a viable strategic plan to solve the Cyprus problem. It has been nothing but a political charade.
After years of talks between the two ethnic communities...
Cyprus
Erdogan Warns Greece, Cyprus Over "Reckless Behavior"
Turkey's President Recep Tayyip Erdogan on Tuesday warned Greece and Cyprus against "reckless" actions in the eastern Mediterranean, the Daily Sabah newspaper reports.
"The reckless behavior of Greece and the Greek Cypriot Administration, by receiving support from several European states...