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natural gas

Greece Sitting on 427B Euros of Gas

Struggling to get out from under a $430 billlion debt and crushing economic crisis, the answer to Greece's financial problems says the answer might be under the sea around Crete where the German Deutsche Bank said there could be...

Greece Willing to Collaborate with Bulgaria on Energy Projects, says Greek President

Bulgarian President Rosen Plevneliev visited Greece after accepting his counterpart's invitation to discuss trade relations between the two countries.  For previous report on the meeting, follow this link: https://greekreporter.com/2012/07/02/bulgarian-presiden-r-plevneliev-to-visit-greece-after-papoulias-invitation/ Greek President Karolos Papoulias welcomed Plevneliev on July 4th and discussed about...

Cyprus: Noble Energy Discovers Natural Gas Reserve

Noble Energy has discovered a vast natural gas reserve which exceeds the demands of both Greek Cyprus and Israel combined, Anatolia news agency reported yesterday. Noble has been drilling to find natural gas deposits in the 12th block known as...

Nicosia: Natural Gas Reserves Estimate Revised Downwards

The estimated amount of natural gas reserves within the Block 12 concession, operated by the Noble Energy Inc., has been revised downwards by a foreign independent consulting company, “Netherland Sewell & Associated Ltd”, which works with the American firm...

DEPA S.A. Examining Energy Connection Between Greece and Cyprus

According to Environment and Energy Minister George Papaconstantinou, public gas corporation DEPA S.A. conducted a study on the potential of constructing an underwater pipeline connecting Cyprus and Greece. The construction project “is entirely feasible from a technical aspect”, Papaconstantinou stated...