natural gas
Energy
Electricity Prices Skyrocket in Greece, Europe as Winter Sets In
Greece and the rest of Europe are facing an energy crisis with electricity prices skyrocketing to new records on Wednesday as winter sets in.
According to the European platform EEX, wholesale prices of electricity at over 400 euros ($450) per...
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...
Energy
Greece To Sign Energy Treaty With North Macedonia
Greece is expected to sign its latest energy deal in early May, this time with the neighboring Northern Macedonia.
Energy
Turkey Claims to Have Discovered Enormous Natural Gas Deposit in Black Sea
According to a new report by Reuters, Turkish President Erdogan claimed on Friday that his country's experts have discovered the largest gas deposit that the country had ever located in the Black Sea.
In an address to the nation, the...
Energy
Greek Experts Indicate Possibility of Large Hydrocarbon Deposit South of Crete
A statement issued by the Hellenic (Greek) Hydrocarbon Resources Management (HHRM) department on Thursday, says that reliable research results indicates that the seabed region south of the Greek island of Crete might contain large quantities of hydrocarbons.
''The team of...
Diplomacy
Greece, Cyprus and Israel Set to Sign EastMed Pipeline Agreement
The nations of Israel, Greece and Cyprus will sign a trilateral agreement on Thursday which will lay the groundwork for a planned 1,900-kilometer (1,181 mile) gas pipeline connecting Israel’s offshore natural gas fields with Europe.
The deal for the Eastern...
Energy
Mammoth Natural Gas Deposit Could be Lying Just South of Crete
Geological surveys of the sea area south of Crete have indicated that up to 10 trillion cubic feet of natural gas could be hidden under the sea bed, according to a report in the Greek daily Ta Nea on...
Business
New Natural Gas-Fired Power Plant Consonant with Greece's Green Agenda, Says PM Mitsotakis
Greek Prime Minister Kyriakos Mitsotakis reiterated on Wednesday the pledge he first made at the UN Climate Change Summit in New York in September, to phase out lignite-firing power plants by 2028.
Speaking at the ceremony celebrating the construction of...
Business
First Eastern Mediterranean Energy Leadership Summit Slated for This October in Athens
An American think tank and a Greek university are joining forces to shed light on global energy resource investments in the Eastern Mediterranean, and especially in Greece, this October in Athens.
The first annual Eastern Mediterranean Energy Leadership Summit will...
Cyprus
Foreign Minister Nikos Dendias to Visit Washington, Meet With Mike Pompeo
The new Greek Foreign Minister Nikos Dendias will go to Washington DC on Wednesday to meet with his counterpart in the US State Department Mike Pompeo and other senior American officials.
The visit was not originally on the official schedule,...