Exxon, Total Win Tender to Explore for Oil and Gas Off Greece’s Crete

A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off...

Greeks Paying €1.02 Tax for Every Liter of Gasoline they Buy

As the price of gasoline reaches an average €1.68 ($1.99) per liter in Athens and almost €2 on some islands, crisis-stricken Greeks are leaving...

Turkish Energy Minister: We will Dig for Oil, Gas in the Mediterranean in the...

Turkey will start to drill on its own for oil and gas in the Mediterranean in the summer, said  Energy and Natural Resources Minister...

East Med Pipeline ‘Not a Peace Route’, Turkish Cypriot Leader Warns

Turkish Cypriot leader Mustafa Akinci has said that the pipeline project discussed between Israel, Greece and Cyprus to feed 20 billion cubic meters of...

Greek, Cypriot, Israeli Leaders Agree Gas Pipeline

A joint pipeline that could feed 20 billion cubic meters of natural gas to Europe is a project discussed between the leaders of Greece,...

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...

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