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Energy Minister Announces Cyprus Will Earn $9.4 Billion From ”Aphrodite” Deposit

George Lakkotrypis, the Energy Minister for Cyprus, announced on Wednesday that Cypriot authorities have signed a preliminary agreement with energy companies Shell, Delek and Noble, which...

PM Tsipras Visits Greek-Bulgarian Border to Launch New Gas Pipeline

Greek Prime Minister Alexis Tsipras visited the Greek-Bulgarian border, at the village of Kirkovo on Wednesday, to attend a ceremony for the launching of...

Greece’s DEPA to Begin Selling Natural Gas to Bulgaria

Greek energy provider DEPA on Tuesday became the first Western company to strike a deal with Bulgaria’s state-owned Bulgargaz to provide natural gas to the country. This...

Environmental Organization Warns of Risks in Greek Plans to Drill Off Crete

The Greek office of the World Wildlife Fund (WWF Hellas) issued a statement on Wednesday warning of ''huge environmental and economic risks to the...

Natural Gas Deposits in Cyprus’ EEZ Alters Balance in East Mediterranean

This week's announcement of the discovery of a natural gas field containing 5 to 8 trillion cubic feet of the resource, in plot 10 of Cyprus'...

US Exxon Mobil Announces Huge Natural Gas Discovery Off Cyprus

The American Energy Company Exxon Mobil announced on Thursday afternoon that after a series of exploratory drillings, they have discovered large quantities of natural...

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...

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...

How Greece Will Benefit from East Med Gas Pipeline

Greece will definitely benefit from the recent agreement with Israel and Cyprus for the construction of the East Med gas pipeline, according to a...

Greece, Israel and Cyprus Reach Deal on Gas Pipeline

The leaders of Greece, Cyprus and Israel have reached an agreement to develop the East Med natural gas pipeline, which will transport natural gas...

Anastasiades Doesn’t Rule Out Cooperation With Turkey in East Mediterranean

The President of the Republic of Cyprus, Nicos Anastasiades, has sent the message to the Turkish Cypriots that no one is trying to appropriate...

EU Approves Greece-Bulgaria Gas Pipeline

The European Commission has made a decision regarding the Greece-Bulgaria Interconnector (IGB) gas pipeline, finding that the plans for its construction and operation were...

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