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Katakolo Oil Reserves in Greece ‘Four Times Larger than Expected’

The quantities of oil at Katakolo, western Peloponnese, are four times larger than initially estimated, Energean sources revealed on Thursday. Proven reserves amount to 10.7...

Αt Least 800 Tons of Heavy Fuel Oil Pumped so Far

Αt least 800 tons of heavy fuel oil have been pumped so far following the sinking of the tanker "Agia Zoni II" last Sunday...

EU Leaders Concerned About Cyprus-Turkey Relations

At an EU draft summit on Thursday, European Union leaders decided to issue a call to Turkey to respect Cyprus’s sovereign rights. The move comes...

Greece to Launch Oil Exploration Tenders this Fall‏

The Greek government expects bids from oil companies on oil exploration projects in 20 regions in the Ionian Sea and south of Crete to...

Italy’s Enel Applies to Search Greece For Oil and Gas

The Greek Ministry of Environment, Energy and Climate Change received yesterday three applications for hydrocarbon exploration in the regions of western Greece and Epirus. All...

Greece, Cyprus, Israel Energy and Water Deal Signed

Cyprus, Greece and Israel signed a deal to cooperate over energy and aiming at securing Europe΄s energy supply yesterday. A memorandum of understanding was signed...

Greece Sits on Huge Offshore Gas Reserve, Study Says

Offshore natural gas could dramatically change Greece's fortunes, should early estimates of €464 billion worth of reserves be confirmed, according to a study presented...

Secret Conversations of Papandreou about Gas

The magazine “Epikaira” brings to light secret communications of the Greek Prime Minister with Israel and USA regarding the exploitation of oil and...

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