Greece’s Energy Ministry Confirms Greek-Russian Collaboration

Greece's Energy Minister Panos Skourletis discussed with his Russian counterpart Alexander Novak on Tuesday about the acceleration of preparatory procedures for the 9th Joint Interministerial Committee that will be held...

PPC Shareholders Approve Transfer of 51 % Stake in ADMIE

On Tuesday Greece's power utility Public Power Corp (PPC) approved the transfer of a 51 percent stake in the power grid operator ADMIE. The move...

Saudi Prince to Invest in Greece

Saudi Prince Al-Waleed bin Talal confirmed his interest in investing in Greece during a meeting with Greek Deputy Development Minister, Notis Mitarakis, and “Enterprise...

Award to Cypriot Researcher for Power Optimization

Markos Asprou, a Ph.D. student at the University of Cyprus and a researcher at the KIOS Research Center for Intelligent Systems and Networks, has...

Fire Causes Blackout in Santorini

Santorini and Thirasia have been facing a blackout since noon because of a fire which broke out at 12.00 at the Public Power Corporation’s...

Greece Freezes Poseidon Pipeline Talks After Turkey-Russia Spat

Athens is not planning to advance talks with Russia on the Poseidon pipeline, during the upcoming visit of Russian President Vladimir Putin to Greece,...

Athens Reluctant Over Wish of Turkish Premier to Visit Thrace

Athens is very reluctant to agree with Turkish Prime Minister Ahmet Davutoglu to visit Thrace where muslim minorities live. The Turkish premier along with members of...

Greece Electricity Rates to Soar Up to 40%

The demand by Greece's creditors for electricity rates to reflect the full cost of production will bring about fresh rate hikes by June 2013,...

Israeli MP Yuval Steinitz Says East Med Pipeline Can Wait

A decision on the viability of the East Med pipeline will be taken when the leaders of Greece, Cyprus and Israel hold a summit...

Energy Minister Skourletis: ‘Agreement on ADMIE a Huge Success for the Government’

"The agreement for Independent Power Transmission Operator (ADMIE) has closed and its implementation is underway. The agreement clearly states the need for PPC to...

TAP Selects Joint Venture Including Greece and Italy

Trans Adriatic Pipeline AG (TAP) has selected a joint venture consisting of Italy’s Renco S.p.A and Greece’s Terna S.A. for the engineering, procurement and...

Russia Denies Report About Signing Gas Pipeline Deal with Greece

Russia has denied a report that it is about to sign a gas pipeline deal with Greece as early as Tuesday. The report came from German...

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