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300 Oil Companies Interested in Ionia and Crete

Approximately 300 foreign oil companies have been in touch with the Greek Ministry of Environment, Energy and Climate Change, expressing an interest in the seismic results from a survey in the Ionian sea area and northern Crete, carried out by...

Cut to the Bone: The Samaras Measures

Already buried by 2 ½ years of austerity measures imposed by the government on the demand of international lenders putting up $325 billion in bailouts for the country’s faltering economy, Greek workers, pensioners and the poor will face another...

Norwegian Company to Explore Crete, Ionian Sea for Oil

Greek Minister of the Environment, Energy and Climate Change Evangelos Livieratos has told the Parliament's Production and Trade Committee that the Norwegian company Petroleum Geo-Services (PGS) has been selected to explore off Crete and in the Ionian Sea hoping...