TAP Deal Signed in Athens

The official ceremony for the Host Government Agreement for the Trans-Adriatic Pipeline was completed June 26 at the Grande Bretagne Hotel in Athens, signed...

TAP Gas Through Greece to EU

The Trans-Adriatic Pipeline (TAP) is set to be announced by the Shah Deniz consortium - BP, Azeri state oil company SOCAR and France’s Total...

EU Says No Role In DEPA Bid

The European Commission didn't play a role in the process that saw Russian giant OAO Gazprom withdraw its bid for Greece's natural-gas monopoly DEPA,...

Greece Plans National Hydrocarbon Company

Greek Prime Minister Antonis Samaras on June 5 Tuesday announced plans for setting up a "national hydrocarbon company" to prospect for natural gas and...

International Energy Saving Award For Crete

The International Conference MEDEEA-Mediterranean Energy Cities European Energy Awards that took place in Cyprus’ capital Nicosia on May 15-16 awarded the municipality of Malevizi...

Sale Of DEPA Gas Unit Postponed

With the sale of its stake in the gambling monopoly OPAP to a Greek-Czech group done, Greece is turning its attention to selling off...

Parliament OK’s Deal On TAP Gas

The Greek Parliament has ratified the Intergovernmental Agreement (IGA) between Albania, Italy and Greece on the construction and operation of the Trans Adriatic Pipeline...

Hydrocarbon Reserves in Greek Waters

The Norwegian seismic surveys in the waters of the Ionian islands and Crete showed that these areas are rich in oil and natural gas....

Turkey Wants Partition Of Cyprus

With Cyprus in an economic crisis that analysts said could last for years, Turkey said it's ready to negotiate a two-state solution on the...

While Anastasiades Fiddled, Money Fled Cyprus

Delays and indecision by newly-elected Cypriot President Nicos Anastasiades' government allowed a huge outflow of cash from the island's banks even though they were...

Cyprus Moves To Plan C To Avert Default

With its back against the wall and facing a March 25 deadline to try to come up with a plan that would bring in...

Greek Crisis Visible From Space

According to a study conducted by researchers from Greece and abroad, from 2008 until today, a drastic limitation up to 40% of pollutants in...

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