Greece

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...

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...

Greek energy provider DEPA on Tuesday became the first Western company to strike a deal with Bulgaria’s state-owned Bulgargaz to provide natural gas to the country. This is the first time Bulgaria has ever bought gas from another provider outside its long-term...

This week's announcement of the discovery of a natural gas field containing 5 to 8 trillion cubic feet of the resource, in plot 10 of Cyprus' Exclusive Economic Zone (EEZ), has been nothing short of explosive. The news of the major discovery...

The American Energy Company Exxon Mobil announced on Thursday afternoon that after a series of exploratory drillings, they have discovered large quantities of natural gas off the coast of Cyprus. The discovery was made at the well named ''Glaucus 1,''...

Katerina Papalexandri, the manager of the Greek section of the new pipeline, announced on Monday that the construction of the Trans-Adriatic Pipeline is nearly complete. Speaking with the state-run AMNA news agency, Papalexandri said that the excavations to lay the pipe...

The first batch of US liquefied natural gas (LNG) will be delivered to Greece near the end of the year as part of an agreement between Greek gas corporation DEPA and the U.S.' Cheniere Energy, the Greek Environment and Energy...

Greece officially opened the third tank for Liquefied Natural Gas (LNG) on the small island of Revithousa, off of the coast of Athens, on Thursday. George Stathakis, Greek Environment and Energy Minister, spoke at the opening ceremony for the project, saying it was...

French energy giant TOTAL applied to the Cyprus government to acquire a stake in block license 8 in the island's Exclusive Economic Zone currently owned by Italy’s ENI. According to Cyprus News Agency, ENI and TOTAL are partners in blocks...

Energy minister Yiorgos Lakkotrypis was briefed on initial findings from drilling by a consortium of France’s Total and Italy’s Eni in block 11 in Cyprus’ exclusive economic zone on Friday and will in turn brief the House Commerce committee...

The Cypriot government announced on Monday that the natural gas exploration was going as planned, with results expected in the autumn. “What I can tell you with certainty is that everything is going as planned,” government spokesman Nicos Christodoulides told...

Greece signed a memorandum of understanding with the Former Yugoslav Republic of Macedonia (FYROM) on Monday to examine the prospect of interconnecting their natural gas systems. The MoU was signed in Skopje between DESFA (Hellenic Gas Transmission System Operator)...

A strategy by successive governments to turn Greece into an energy hub is moving into form with the promotion of a series of investment plans focusing on the country. The TAP (Trans Atlantic Pipeline), IGB (Greek-Bulgarian pipeline), East Med...

Representatives of energy companies that are active in the exclusive economic zone of Cyprus met on Tuesday morning with the country's President, Nicos Anastasiades, and expressed their commitment in their offshore investments. In particular, President of Cyprus Nicos Anastasiades met...

Greece is not a plot and can't be blackmailed, nor does it believe that with its choices in the energy sector it becomes part of a problem, stated on Friday Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis responding...