DEPA-Gazprom Agree on Reducing Natural Gas Price

Russian gas exports company, Gazprom has agreed to cut its price for DEPA, Greece's state-run natural gas distributor. The two sides were negotiating during the last...

Indian Oil Company Interested in Greek Hydrocarbons

Another oil company, the Indian Oil and Natural Gas Corporation (ONGC) has been added to the list of those interested in hydrocarbon exploration in...

Greek Recession, Unemployment and Expensive Electricity Bills Will Cause DEI to Collapse

The Public Power Corporation S.A Hellas (DEI) could not escape the tragic reality that the majority of Greek enterprises and households face every day....

BP Buys Greek Oil Reserves

The agreement for the purchase of the Prinos oil field reserves was signed on Monday afternoon at the Greek Ministry of Environment, Energy and Climate...

300 Oil Companies Interested in Ionia and Crete

Approximately 300 foreign oil companies have been in touch with the Greek Ministry of Environment, Energy and Climate Change, expressing an interest in the seismic...

Seven New Wind Farms in Imathia and Kozani

The environmental conditions for the construction and the operation of seven large wind farms and the additional technical works required, were approved today by...

SOCAR Acquires Slice of Greek DESFA

Socar (the state oil company of Azerbaijan) has acquired a 66% share in the Greek natural gas transmission network operator (DESFA). This agreement is significant...

BBG: Greeks Forced to Steal Electricity to Survive

  In a detailed report, Bloomberg refers to the thousands of Greek households that reconnect their electricity supply illegally on their own, as they cannot...

Lavrov Talks Privatization, Energy In Athens

Russian Foreign Minister Sergei Lavrov met with Greek Prime Minister Antonis Samaras on Oct. 30 at the start of a two-day visit to talk...

DEI-Thera’s Municipality Reaches an Agreement Of Cooperation

“DEI S.A-Hellas(Hellenic Public Power Corporation S.A.), municipal authorities and Thera’s municipal residents faced an unprecedented and very complicated malfunction August 2013,caused by a fire...

Troika Rejected 15% Reduction on Oil Heating Tax

Greece’s creditors have reportedly rejected the government’s proposal concerning the reduction for special consumption tax on heating oil by 15%. According to ekathimerini, troika ...

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...

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