Greece Launches Sale of Gas Distribution Network

Greece has launched the sale of gas distribution network DEPA Infrastructure, with the state and Hellenic Petroleum both selling their stakes in the jointly-owned...

Greece Plans Massive Investment in Switch to Cleaner Energy

The Greek government approved on Thursday an ambitious plan to switch to cleaner energy hoping to generate investment worth about €44 billion over the...

Construction of Iconic TAP Gas Pipeline Now Complete in Greece

The construction of the Greek section of the iconic Trans Adriatic Pipeline (TAP) has been completed, it was made public on Saturday. The TAP will...

Mammoth Natural Gas Deposit Could be Lying Just South of Crete

Geological surveys of the sea area south of Crete have indicated that up to 10 trillion cubic feet of natural gas could be hidden...

Largest Wind Farm in Greece Opens on Evia Island

Greek Prime Minister Kyriakos Mitsotakis officially opened the largest wind power complex in Greece at Kafireas, on the island of Evia, on Tuesday. The 300-million-euro...

”I Don’t Want to Provoke War” Italian Oil Company Chief Says on Cyprus Drilling

Claudio Descalzi, the Chief Executive of Italy's ENI oil company said on Thursday that he does not want to be the cause of war...

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...

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