ExxonMobil is moving forward with a Declaration of Commerciality for Block 10 off Cyprus, aiming…
Tag: energy
Greece strengthened its role as a stable energy hub between East and West on Thursday…
Turkey has taken delivery of its second new offshore drilling vessel this year, with the…
U.S. Ambassador Kimberly Gilfoyle underscored the deepening strategic partnership between Greece and the United States…
US Ambassador Kimberly Guilfoyle: Greece Emerging as Dynamic Hub for Energy, Technology and Innovation US…
Greek Prime Minister Kyriakos Mitsotakis met with Singaporean Prime Minister Lawrence Wong on Thursday to…
U.S. Ambassador to Greece Kimberly Guilfoyle confirmed that Secretary of State Marco Rubio will soon visit Athens, highlighting deepening U.S.–Greece cooperation across defence, energy, and strategic infrastructure.
The future of Russian energy giant Lukoil in North Macedonia remains uncertain as U.S. sanctions…
Greek Prime Minister Kyriakos Mitsotakis met with the President of the Republic of Cyprus, Nikos…
Greece and its neighbors, without fully determining their own fate, will continue to be influenced…
Greece is emerging as a vital hub in Europe’s new energy landscape, with major agreements involving ExxonMobil and Chevron advancing hydrocarbon exploration south of Crete, the Peloponnese, and the Ionian Sea. The deals position Greece as a regional energy and LNG transit center, reducing Europe’s reliance on Russian gas.
The new natural gas plant in Larissa, with a budget of 600 million euros, is…
In a decisive move, EU Energy Ministers have backed Greece’s proposal to tighten oversight on the TurkStream pipeline, a key route for Russian gas to Southeast Europe. This positions Greece as a linchpin in the EU-U.S. push for energy independence from Russia.
Failings of Thailand’s energy policy – the underdevelopment of domestic resources has led to a…
Greece and Egypt have signed a trilateral MoU to advance the GREGY electricity interconnection, a key EU-backed project linking their power grids and enhancing energy cooperation.
Prime Minister Kyriakos Mitsotakis highlighted Greece’s recognition as a pillar of stability and a reliable partner in Southeastern Europe and the Mediterranean during his New York meetings. He emphasized Greece’s role as an attractive investment destination and a geopolitical energy bridge. Mitsotakis addressed the UN, calling for the lifting of Türkiye’s casus belli, an end to the war in Gaza, and a Palestinian state. He also commented on Panos Routsis’ hunger strike, stressing respect for judicial independence and warning against delays that could lead to statute limitations in cases affecting victims’ memory. Additionally, he reviewed government initiatives in education, health, and public order.
Trump proposes NATO halts Russian oil purchases and imposes 50-100% tariffs on China to end the war quickly, while European leaders push for financial sanctions to pressure Putin.
Benghazi officials have confirmed to Greece that the Libyan House of Representatives will not ratify the Turkey-Libya memorandum. During Belgacem Haftar’s visit to Athens, discussions with Prime Minister Kyriakos Mitsotakis and Foreign Minister George Gerapetritis focused on deepening economic and military ties, including a planned Greek business delegation to Benghazi.
Cyprus’ hesitation to fund the Greece-Cyprus Great Sea Interconnector (GSI) has stalled the strategic project, as Turkey accelerates its own cable linking to the occupied territories. A critical meeting today between Greek and Cypriot energy regulators, IPTO, and the European Commission aims to resolve funding disputes. Meanwhile, President Erdoğan’s push for Turkey’s interconnector, set for completion by 2028, threatens to deepen Ankara’s control over the occupied territories, raising geopolitical stakes in the Eastern Mediterranean.
Greek Minister Stavros Papastavrou and Chevron’s Liz Schwarze discussed hydrocarbon exploration in Greece, focusing on Crete’s offshore blocks amid Libya’s objections. Chevron reaffirmed its commitment, eyeing seismic surveys by late 2025.
Greece has successfully completed the first major power transfer from Crete to Attica, with 320 MW transmitted via the new Ariadne Interconnection. The high-voltage direct current (HVDC) submarine cable confirms its bidirectional capabilities, marking a key milestone in enhancing the country’s energy security and supporting the transition to renewable power.
Indian Prime Minister Narendra Modi arrived in Cyprus for a two-day visit, marking a historic step in India-Cyprus relations. Welcomed by President Nikos Christodoulides, Modi attended a business roundtable and will sign a Joint Declaration on Partnership to enhance cooperation in energy, defense, and digital innovation. The leaders launched the India-Cyprus-Greece Business Council, aiming to boost trade and investment, with Cyprus serving as India’s gateway to the EU.
Greece has solidified its position as the top European importer of Iraqi oil in 2024, according to data from S&P Global Commodity Insights.
June 4 (SeeNews) – Greek industrial and energy company Metlen Energy and Metals said on…
Greece has launched the trial operation of the Crete-Attica electrical interconnection, a €1.1 billion HVDC project linking the island of Crete to the mainland power grid. Built by IPTO’s subsidiary Ariadne Interconnection, the project marks a major step toward ending Crete’s energy isolation and is expected to deliver €550 million in annual savings for electricity consumers across the country.
Greek Prime Minister Kyriakos Mitsotakis will visit Rome on May 12, 2025, to meet Italian Prime Minister Giorgia Meloni and co-chair the Greece-Italy High Council of Cooperation. The leaders will discuss critical issues like migration, EU security, and defense, while aiming to strengthen trade, energy, and connectivity ties. The visit underscores the deepening partnership between Athens and Rome as they address shared European challenges.
Greece and Egypt signed a strategic partnership agreement in Athens to deepen political coordination and enhance stability in the Eastern Mediterranean. The agreement, signed during the first Supreme Cooperation Council meeting, opens new avenues for cooperation in energy, trade, and migration, with the GREGY Interconnector highlighted
At the EPP Congress in Valencia, Greek Prime Minister Kyriakos Mitsotakis outlined three European priorities: competitiveness, defense, and strategic trade agreements. Engaging in bilateral talks with leaders like Sweden’s Ulf Kristersson and Germany’s Friedrich Merz, Mitsotakis emphasized Greece’s role in shaping a stronger, more secure EU.
At the Delphi Economic Forum, the Middle East Forum warned of Turkey’s growing threat to Eastern Mediterranean security, citing its support for Sunni terror groups, influence operations, and disruption of projects like the Great Sea Interconnector. Experts emphasized the need for a formal U.S.-backed defense alliance between Israel, Greece, and Cyprus to counter Turkish aggression and secure regional stability.
Greece’s National Security Council, chaired by Prime Minister Kyriakos Mitsotakis, is meeting today to address the future of the Great Sea Interconnector, a delayed electricity project linking Greece, Cyprus, and Israel. Facing growing opposition from Turkey, which calls the initiative “provocative,” the project’s future hangs in the balance.
