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Greek Energy Minister Announces Lower Natural Gas Rates

Greek Productive Reconstruction, Environment & Energy Minister Panagiotis Lafazanis on Monday addressed the Parliamentary Standing Committee on Production and Trade and referring to the...

EU Commissioner, Cypriot and Greek Energy Ministers Discuss East Med Pipeline

The importance of the implementation of a natural gas corridor between Israel, Cyprus, Greece and Italy (East Med Corridor) for EU's energy security was discussed...

Endangered Cypriot Community

The Republic of Cyprus is entering into an unpredictable phase in its troublesome history. If the economic crisis was not bad enough, it is...

European Commission to Investigate Merger of Greek and Azeri Gas Transmission Companies

The European Commission has just started an in-depth investigation in order to assess whether the proposed acquisition of Greek public gas transmission system operator...

EU Leaders Concerned About Cyprus-Turkey Relations

At an EU draft summit on Thursday, European Union leaders decided to issue a call to Turkey to respect Cyprus’s sovereign rights. The move comes...

Gazprom’s “Plan B” for South Stream Pipeline

Russian business newspaper Vzglyad published an article by journalist Oleg Makarenko, claiming that Gazprom has a “plan B” in case Bulgaria continues to obstruct...

Italy’s Enel Applies to Search Greece For Oil and Gas

The Greek Ministry of Environment, Energy and Climate Change received yesterday three applications for hydrocarbon exploration in the regions of western Greece and Epirus. All...

Noble Reduces Gas Estimate in Block 12 off Coast of Cyprus

Noble Energy Inc. reduced the amount of natural gas it estimates is present in a field off the coast of the Republic of Cyprus...

Greeks Will Stay Home for Easter This Year

In Greece, Easter is as big as the Christmas holiday in the UK or the USA. It's the biggest festival of the year, a...

Seventeen Firms Express Interest in Gas Company Sale

Seventeen firms expressed initial interest in the privatisation of Greek natural gas company DEPA, one of the country's major assets to go on the...

Secret Conversations of Papandreou about Gas

The magazine “Epikaira” brings to light secret communications of the Greek Prime Minister with Israel and USA regarding the exploitation of oil and...

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