Greece’s Public Power Corporation Reports 66% Profit Loss

Greece's Public Power Corporation (PPC) on Thursday reported a 66 percent drop in the nine-month net profit. The public utility that has monopolized the electricity...

Katakolo Oil Reserves in Greece ‘Four Times Larger than Expected’

The quantities of oil at Katakolo, western Peloponnese, are four times larger than initially estimated, Energean sources revealed on Thursday. Proven reserves amount to 10.7...

DESFA Privatisation Deadline Extended to February 2018

Greece’s privatisation agency (HRADF) decided to push back the deadline for offers connected with the Hellenic Gas Transmission System Operator (DESFA), a 66% stake...

Cyprus, Greece, Italy and Israel Back Gas Pipeline to Europe

Cyprus, Italy, Greece and Israel agreed on Tuesday to back the construction of a gas pipeline from newly discovered fields in the eastern Mediterranean,...

Greece, Cyprus, Italy, Israel, EU to Sign on Gas Pipeline Development

A memorandum of understanding (MOU) for the construction of the world’s longest underwater natural gas pipeline is to be signed by the the energy ministers...

Greece Finalises Deal with Lenders to Sell Coal-Fired Plants

Greece has finalised a deal with its official creditors on the coal-fired plants the country will sell to comply with an EU court ruling,...

Hospital in Northwestern Greece Nominated for International Energy Award

The state hospital of Grevena city, in northwestern Greece, can boast its successful attitude towards energy-saving techniques and of sustainable energy measures at work...

IAEA: Greece has made Significant Progress in Nuclear Safety Regulation

An International Atomic Energy Agency (IAEA) team of experts said Greece has significantly strengthened its regulatory framework for nuclear and radiation safety since 2012,...

Greece’s Motor Oil Signs Oil Supply Deal with Russia’s Rosneft

Greece’s Motor Oil Hellas Corinth Refineries and Russia’s largest oil producer Rosneft have signed a deal on mutual supplies of crude oil and oil...

Agios Efstratios Island to be Heated with Renewable Energy

The remote island of Agios Efstratios is to be heated by renewable energy sources generated by the Aeolian and photo-voltaic systems that will be...

Greek Power Corp. Plans to Assign Unpaid Bills to Debt Collectors

The Greek Public Power Corporation (DEH) is planning to hire a consortium of eight companies in order to settle unpaid energy bills, which currently add...

Greek Power Grid Operator Seeks Chinese Funding

Greece's power grid operator ADMIE has signed a non-binding agreement with China Development Bank as it looks for fresh capital to finance infrastructure projects. State-controlled...

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