Greece to Allow Drilling for Oil, Gas at More than 30 Underwater Sites

More than 30 areas believed to be ripe for hydrocarbon exploration have been identified in the Ionian Sea and the sea area west and...

Greek Parliament Ratifies Concessions for Offshore Drilling in Ionian Sea and Crete

The Greek Parliament on Thursday ratified four concessions allowing the exploratory drilling and extraction of hydrocarbons in regions of the Ionian Sea as well...

New Natural Gas-Fired Power Plant Consonant with Greece’s Green Agenda, Says PM Mitsotakis

Greek Prime Minister Kyriakos Mitsotakis reiterated on Wednesday the pledge he first made at the UN Climate Change Summit in New York in September,...

Oil and Gas Contracts for Ionian Sea, Crete Now Before Greek Parliament

The proposed contracts for hydrocarbon exploration in four areas of the Mediterranean off Crete and the Ionian islands were brought before the Greek parliament...

US Ambassador Warns of the “Malign” Influence of Russia and China in Greece

US Ambassador to Greece Geoffrey Pyatt sent a clear warning on Monday regarding the "malign" influence of Russia and China in Greece. Addressing a conference...

Piraeus Bank Joins Multi-Million-Euro Investment Program for Greek Infrastructure

Piraeus Bank, Greece's biggest lender, announced on Wednesday that it will support a new 650-million-euro ($716 million) infrastructure investment program developed by the Hellenic...

Report Says Billions Spent on Fossil Fuel Subsidies in Greece

A new report by the World Wide Fund for Nature (WWF) published on Tuesday blasts the nation of Greece for planning to introduce new...

US Ambassador Pyatt Calls Greece ”The Guardian of European Energy Security”

Speaking on Friday at the Southeast Europe Energy Forum 2019, currently taking place in Thessaloniki, the American Ambassador to Greece Geoffrey Pyatt said that...

Greece to Present 500-Million-Euro Rescue Plan for Struggling Public Power Utility

The new President and CEO of the Public Power Corporation (PPC), Greece's struggling public power utility, will present a 500-million-euro rescue package to the company's...

First Ministerial-Level Energy Meeting in Athens Expresses Full Support for Cyprus

Full support for Cyprus' and Greece's stance on regional energy issues and for the expansion of security and environmental co-operation was the outcome of...

Reports Suggest Turkish Drillship ”Yavuz” Has Begun Operations Off Cyprus

According to reports published on Tuesday by Turkey's Daily Sabah newspaper and many Cypriot media outlets, the Turkish drillship ''Yavuz'' has begun operations off the...

First Eastern Mediterranean Energy Leadership Summit Slated for This October in Athens

An American think tank and a Greek university are joining forces to shed light on global  energy resource investments in the Eastern Mediterranean, and...

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