natural gas

Greece and Israel Rekindle EastMed Pipeline Talks Amidst Regional Energy Reshuffle

Greece and Israel have rekindled discussions on the EastMed natural gas pipeline, exploring a scaled-down version focusing on transport to…

8 January 2025

Greece Seeks to Reduce Reliance on Russian Gas

Prime Minister Kyriakos Mitsotakis announced Tuesday that Greece is intensifying its search for domestic natural gas reserves. The Country is…

29 December 2024

Gas Drilling Scheduled for Mid-January

ExxonMobil’s Stena IceMax drillship will initiate drilling in mid-January at the 'Electra' site within Block 5 of Cyprus' Exclusive Economic…

28 December 2024

Ukraine Secures First US LNG Shipment via Greece Ahead of Russian Gas Deal Expiry and Trump Inauguration

Ukraine has received its first shipment of liquefied natural gas from the United States, marking a significant step in reducing…

28 December 2024

Eurostat: Tax Increases Dampen Gas Price Reductions and Raise Household Electricity Costs in Greece

In the first half of 2024, average household electricity prices in the EU rose slightly to €28.9 per 100 kWh,…

30 October 2024

Geoffrey Pyatt: Natural Gas Vertical Corridor Elevates Greece’s Strategic Position

US Assistant Secretary for Energy Resources Geoffrey Pyatt highlighted the Vertical Corridor project’s potential to strengthen Greece’s role in regional…

22 October 2024

New LNG System Launched in Greece to Decrease Reliance on Russian Gas

A new liquefied natural gas (LNG) project in Alexandroupolis, Greece, aims to reduce southeastern Europe's dependence on Russian gas. Funded…

1 October 2024

Greece Holds Potential for Energy Independence as HEREMA Estimates Gas Reserves at 680 Billion Cubic Meters

In a landmark announcement, the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) estimates that Greece possesses potential natural gas…

30 September 2024

New U.S.-Greece LNG Deal Strengthens Europe's Energy Security

Venture Global has secured 1 million tonnes per annum of LNG regasification capacity at Greece’s Alexandroupolis terminal, enhancing Europe’s energy…

20 September 2024

Greece’s Inflation Rises to 3% in August, Driven by Energy and Food Costs

Greece's inflation rose to 3% in August, up from 2.7% in July, driven by sharp increases in energy and food…

10 September 2024

Consortium Submits $4 Billion Development Plan for Cyprus's Aphrodite Gas Field

Tags: Aphrodite gas field, Cyprus, NewMed Energy, Chevron, Shell, natural gas, floating production facility, Block 12, Egyptian transmission system, oil…

1 September 2024

Greece Sees Record Renewable Energy Production, but Gas Reliance Persists

Greece sets a new record for renewable energy generation in June, but reliance on natural gas also reaches a decade…

3 August 2024

Decision on Great Sea Interconnector Linking Greece, Cyprus, and Israel Expected Next Month

The future of the Great Sea Interconnector, an undersea electricity cable linking Greece, Cyprus, and Israel, will be decided next…

26 July 2024

Erdogan Asserts Two-State Solution as Only Viable Path for Cyprus

Turkish President Recep Tayyip Erdogan has asserted that the two-state model is the only viable solution for the Cyprus issue,…

21 July 2024

Prime Ministers Mitsotakis and Recean Discuss EU Accession and Bilateral Cooperation

Greek Prime Minister Kyriakos Mitsotakis met with Moldovan Prime Minister Dorin Recean to discuss Moldova's EU accession and bilateral cooperation.

3 July 2024

High Fire Danger Today in Ten Areas of Greece: Safety Tips from Authorities

Greek authorities warn of high fire risk today, June 8th, in ten areas: Attica, South Evia, Cyclades, Crete, Karpathos, Kasos,…

8 June 2024

Israeli Energy Minister: EastMed Pipeline Unrealistic Without Hydrogen, Pushing for Floating LNG

Israeli Energy Minister Eli Cohen, speaking at a conference of the Institute for National Security Studies (INSS) on Wednesday, stated…

5 June 2024

ELSTAT Reports April Inflation at 3.1%, Highlighting Shifts in Energy and Food Prices

The Hellenic Statistical Authority (ELSTAT) released its latest data on Tuesday, revealing that inflation in April stood at 3.1%, marking…

15 May 2024

Chevron and ExxonMobil Set to Tap into Vast Natural Gas Deposit off the Coast of Crete

Chevron and ExxonMobil are preparing to tap into a massive natural gas deposit off the coast of Crete. The gas…

27 February 2024

Gas discovered off Cyprus

Drilling operations near Cyprus have confirmed the presence of a significant natural gas deposit, furthering hopes for the island's energy…

16 February 2024

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