Record High Oil Production from Greece’s Prinos Oil Fields

Oil production from Greece's Prinos deposit in Macedonia, which includes oil fields both inland and offshore, is expected to exceed 4,000 barrels daily and...

Greece, Israel and Cyprus Reach Deal on Gas Pipeline

The leaders of Greece, Cyprus and Israel have reached an agreement to develop the East Med natural gas pipeline, which will transport natural gas...

Greek and Israeli Energy Giants Sign $100 Million Agreement

Energean Oil, an international oil and gas exploration and production company based in Greece which has developed sites in Israel and in the Aegean...

Import of U.S. Liquefied Natural Gas to Greece Begins

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...

Half-Billion-Euro Investment for Hydrocarbon Exploration in Western Greece

Over a period of the next seven to eight years, it is estimated that companies will invest some 500 million euros with the hopes...

Emblematic East Med Gas Pipeline ‘To Start Soon’: Report

Greece, Italy, and Cyprus have reached an agreement with Israel to lay a pipeline connecting the Jewish state’s gas reserves to the three countries,...

Expansion of Balkans’ Only Liquefied Natural Gas Terminal in Attica

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...

Power Restored in Rhodes after Blackout

The blackout which called a halt to most activities in Rhodes on Friday morning ended with the Public Power Corporation repairing the damage to...

EU Approves Greece-Bulgaria Gas Pipeline

The European Commission has made a decision regarding the Greece-Bulgaria Interconnector (IGB) gas pipeline, finding that the plans for its construction and operation were...

Anastasiades: We will Cooperate with Turkey on Energy if Cyprus Issue Solved

Cypriot President Nikos Anastasiades expressed Cyprus' willingness to cooperate with Turkey on the exploitation of natural gas in the eastern Mediterranean. Speaking on Friday at...

Turkey’s AKP to Cyprus, Greece: ‘Refrain From Actions Against Fatih’

In a warning issued on Wednesday, Ömer Çelik, the spokesman of Turkey's ruling AKP party stated that Greece and Cyprus should refrain from taking any...

Turkey Threatens Cyprus over Hydrocarbon Exploration Bid

Turkey on Thursday threatened Cyprus after Nicosia invited international energy companies to bid on a license to explore Block 7 in the island's exclusive...

LATEST