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natural gas

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 exploration starting with seismic surveys in November 2022 conducted by the ExxonMobil/HelleniQ Energy joint venture...

Greece to Build Gas-fired Power Plant at Alexandroupolis

Greece announced on Saturday the construction of a gas-fired power plant in the northern port town of Alexandroupolis. Alexandroupolis plays a key geopolitical, energy, and development role and will continue to do so, Greek Prime Minister Kyriakos Mitsotakis said at...

Turkey Vows to Block Gas Exploration Off Coast of Cyprus

The Ankara-backed Turkish Republic of Northern Cyprus (TRNC) has issued a statement saying that it will oppose gas exploration off the coast of the island by the Republic of Cyprus. According to the TRNC, which is recognized only by Turkey,...

New Deposits of Natural Gas Discovered Off Cyprus

Cyprus announced on Wednesday that between two and three trillion cubic feet (Tcf) of natural gas has been uncovered in exploratory drilling in block six of the nation’s exclusive economic zone (EEZ). The find by the consortium of Italy's Eni...

Greece to Start Gas Exploration Off Crete ‘Within Days’

On Monday, Greece announced that Exxon Mobil will start a gas exploration project southwest of the southern Peloponnese peninsula and the island of Crete. The U.S. energy giant will start seismic exploration “in the coming days,” Prime Minister Kyriakos Mitsotakis...

Global Greenhouse Gas Emissions Decline

Global greenhouse gas emissions seem to be on the decline this year in a surprising twist of statistics. On Wednesday, the International Energy Agency (IEA), based in Paris noted that if not for major deployments of renewable energy technologies and...

Greece Along With 14 EU States Call for Price Cap on Gas Imports

Greece along with another fourteen EU member states has called on the European Commission to impose a price cap on gas imports to tackle the energy crisis in Europe. As soaring energy bills threaten to undermine popular support for governments,...

Huge Natural Gas Deposit Discovered by ENI-Total Off Cyprus

A huge natural gas deposit was discovered during drills in Block 6 about 160 km off the Cyprus coastline, the ENI-Total consortium announced on Monday. According to an official announcement by the Italian company, natural gas was detected in the...

Greece to Switch Off Floodlit Monuments Earlier to Save Energy

Greece will switch off floodlit monuments earlier as part of an EU-wide drive to reduce energy reliance on Russia and burn fifteen percent less gas this winter, Environment and Energy Minister Kostas Skrekas said on Sunday. In an interview with...

Greece, Bulgaria Launch Natural Gas Pipeline to Cut Russian Reliance

Greece and Bulgaria opened the natural gas pipeline on Friday following the completion of the construction phase, the project company developing the facility, ICGB, said. The pipeline will supply natural gas originating in Azerbaijan to Bulgaria, whose vital supply of...