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Energy

Turkey To Send Second Drilling Vessel in East Mediterranean

The Turkish Energy Minister, Fatih Donmez, in an interview with the Turkish TV on Friday, said that his country is ready to send a second drill-ship outside its national jurisdiction in the Eastern Mediterranean. Turkey has already caused concerns in...

Trans-Adriatic Natural Gas Pipeline Nearly Complete

Katerina Papalexandri, the manager of the Greek section of the new pipeline, announced on Monday that the construction of the Trans-Adriatic Pipeline is nearly complete. Speaking with the state-run AMNA news agency, Papalexandri said that the excavations to lay the pipe...

"East Mediterranean Gas Forum" Meets for First Time in Cairo

The energy ministers of Greece, Italy, Cyprus, Israel, Egypt, Jordan and Palestine held their first annual ''East Mediterranean Gas Forum'' on January 14 and 15 in the Egyptian capital of Cairo. Greece was represented by its energy minister George Stathakis...

Renewed Drilling Ahead For Cyprus' ''Delfini'' Area

Greek and Cypriot media reported on Thursday an initial failure in Exxon Mobil's campaign to discover natural gas in the area dubbed ''Delfini'', in Block 10 of the Cypriot Exclusive Economic Zone (EEZ). According to a statement made by Cyprus'...

Elon Musk's Tesla Presents Plan for Green Energy on Greek Islands

A delegation from American energy giant Tesla presented proposals to the Greek government for the electrification of Greek islands which are not currently connected to the mainland power grid, in Athens, on Tuesday.

Record High Oil Production from Greece's Prinos Oil Fields

Oil production from Greece's Prinos deposit in Macedonia, which includes oil fields both inland and offshore, is expected to exceed 4,000 barrels daily and 1.5 million barrels annually. This breaks all records for the last decade's oil production, according to Mathios Rigas,...

Greek and Israeli Energy Giants Sign $100 Million Agreement

Energean Oil, an international oil and gas exploration and production company based in Greece which has developed sites in Israel and in the Aegean and Ionian Seas, announced on Monday that it has signed an new agreement. The new compact...

Import of U.S. Liquefied Natural Gas to Greece Begins

The first batch of US liquefied natural gas (LNG) will be delivered to Greece near the end of the year as part of an agreement between Greek gas corporation DEPA and the U.S.' Cheniere Energy, the Greek Environment and Energy...

French and Italian Firms Apply To Explore Cyprus' Block 7

The Cypriot Ministry of Energy, Commerce and Industry announced an application from joint venture Total E&P Cyprus B.V. and Eni Cyprus Limited for a license to carry out oil and gas exploration in Cyprus' exclusive economic zone. In a press release, the...

Expansion of Balkans' Only Liquefied Natural Gas Terminal in Attica

Greece officially opened the third tank for Liquefied Natural Gas (LNG) on the small island of Revithousa, off of the coast of Athens, on Thursday. George Stathakis, Greek Environment and Energy Minister, spoke at the opening ceremony for the project, saying it was...