Calamos Supports Greece

natural gas

Turkish Cypriots Fume at Being 'Disregarded' from Gas Finds

Cyprus should not be able to undertake natural gas exploration without the support of Turkish Cypriots, it was claimed on Monday. Kudret Ozersay, a minister in the northern Cyprus administration, said "unilateral" activities in the Mediterranean could not go on...

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 of Israel, Cyprus, Greece, Italy and the European Union on Tuesday. The MOU, to be signed...

Final Bids for Greek Gas Grid Sale Expected by Year's End

The Greek government wants to get binding offers from investors shortlisted for a 66% stake in state-controlled natural gas grid DESFA by the end of the year, two sources close to the process said on Wednesday. Under the terms of...

Cyprus Natural Gas Exploration 'Going as Planned'

The Cypriot government announced on Monday that the natural gas exploration was going as planned, with results expected in the autumn. “What I can tell you with certainty is that everything is going as planned,” government spokesman Nicos Christodoulides told...

Israel's Oil Refineries in Discussions to Possibly Buy Gas from Greece's Energean

On Sunday Israel's Oil Refineries (ORL) announced it is engaging in discussions to buy 17 billion cubic meters of natural gas from the Greek exploration and production firm Energean, for an undisclosed price, Reuters reported. ORL is negotiating non-binding memorandums...

Cyprus' FM: The Natural Resources of Cyprus Belong to the Cypriot People

The natural resources of Cyprus belong to the Cypriot people, the Ministry of Foreign Affairs of the Republic of Cyprus said in the following statement: "With reference to the press release, No: 228, issued by the Turkish Ministry of Foreign...

Cyprus Plays Down Tension With Turkey, Calls for Calmness

The Cypriot government has called for calmness and has played down tensions with Turkey over the drilling for natural gas dispute in the eastern Mediterranean. Nicosia’s plea comes at a day when, according to reports, Turkey has sent its seismic...

Turkey Warns Cyprus Νot to Τake Unilateral Steps on Energy

Turkish President Tayyip Erdogan warned it was unacceptable that some energy companies were taking part in what he called irresponsible measures by Greek Cypriots. "It is impossible to appreciate that some energy companies are acting with, and becoming part of...

Greece's Energean Expands Services to Israel

Greece's Energean Oil and Gas S.A.  is engaged in the exploration and production of Oil and Gas in the Mediterranean and North Africa.  As of Sunday May 28, they have expanded their production services to the country of Israel. Energean...

Greece Could Benefit From Putin-Erdogan Gas Pipeline Deal

Russia and Turkey have concluded a deal to resume construction of the Turkish Stream natural gas pipeline, according to TASS news agency. Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan signed the deal in Istanbul on Monday. In...