Greece Approves Power Plant Sales Despite Angry Protests

Greek lawmakers on Wednesday approved the sale of power stations by Greece's dominant power utility Public Power Corp. (PPC) in spite of workers...

Greek Power Union Launches Strikes Against Privatizations

The union representing workers at the state-run Public Power Corporation (PPC) has started what it says will be rolling 48-hour strikes against government plans...

Greece Sells Gas Grid DESFA to Snam-Led Consortium

Greece's privatizations board has accepted an improved financial offer from the consortium of Snam SpA, Enagas Internacional SLU and Fluxys SA, of €535 million...

Power Grid Brings Greece, FYROM Together

They may be at loggerheads over the name dispute, but Greece and the Former Yugoslav Republic of Macedonia are moving closer when it comes...

More Ships Travel to Tense Cypriot Waters

Two research vessels chartered by an ExxonMobil led joint venture are on their way to Cyprus, amid ongoing tension in the region with Turkey's...

Oil Giants Bid For Exploration Off Greece

Two consortia have expressed interest in participating in two Greek oil and gas exploration and exploitation tenders for regions off Crete and in the...

ENI Boss Says Blockaded Cyprus Drill Ship Will Leave

The Cyprus energy standoff continued on Thursday with a senior Turkish minister insisting Ankara would not allow "one-sided" exploration around the island and ENI's...

ENI Boss: Turkish Blockade of Oil Ship ‘Not Under Our Control’

The head of Italian energy giant ENI on Friday admitted a Turkish blockade of one of its drill ships was out of the company's...

Energy Boss Talks Up Cyprus Gas Fields

Energy companies have claimed Cypriot offshore gas fields could contain between 170 and 230 billion cubic meters of gas. Claudio Descalzi, CEO of Italian energy...

Eni Makes Gas Find in Cyprus

Italian energy giant Eni on Thursday said it had made a "promising" lean gas discovery off the coast of Cyprus, further putting the divided...

International Interest in Gas and Oil Tenders in Greece

Tenders for offshore oil and gas exploration and exploitation west and south of Greece have attracted “strong interest” from companies exploring in the Mediterranean,...

EU Commission Approves Greek Renewable Electricity Auction Scheme

The European Commission has found a Greek auction scheme for the production of electricity from renewable sources and high efficiency co-generation to be in...

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