Agios Efstratios in the northeastern Aegean is set to become Greece’s first energy-independent island, relying entirely on renewable energy sources.
EU energy ministers met in Luxembourg on Tuesday to discuss the bloc’s rising Russian LNG imports, Ukraine’s energy shortages ahead of winter and how to balance energy prices across member states, officials said.
Τhe distribution of heating oil will begin on Tuesday, with this year’s starting price set around 1.11 euros per liter, contingent on adverse geopolitical developments.
Greece’s Hydrocarbons and Energy Resources Management Company (HEREMA) announced on Thursday the successful completion of the first phase of hydrocarbon surveys by ExxonMobil and HellenIQ Energy southwest of Crete.
The Energy Ministry is putting the finishing touches to the shift of the off-peak charging for electricity consumption from the night to the daytime and those hours when renewable energy source output peaks.
Fears of another possible energy nightmare, which will again test fragile economies, are looming across Europe.
Bulgargaz, the Bulgarian state-owned natural gas distribution company, has said that French oil major TotalEnergies ranked first in a tender offer to supply liquefied natural gas (LNG) in November and December to the Alexandroupoli terminal in Greece.
The agricultural landscape in the Thessaly Plain in central Greece has come under pressure from solar energy projects encroaching on productive farmland.
Various charges and fees account for about 50% of what households pay for electricity.
The aim is for consumers to switch to cleaner forms of energy.
Egypt’s announcement that 12 plots will be available for hydrocarbon exploration is seen as a message of stability and the will for constructive relations with all players in the Eastern Mediterranean.
The wholesale electricity market is sending signals of stabilization or even a slight reduction for October’s floating rates.
The Public Power Corporation Group announced the conclusion of a Cooperation Framework Agreement with the Copelouzos and Samaras Groups.
A delegation from the United Arab Emirates’ state-owned TAQA, led by CEO Afif Saif Al Yafei, reaffirmed its interest in participating in GSI Cyprus-Greece.
The European Union and 12 partner countries have met in Brussels to discuss the effectiveness of Western sanctions on Russia and ways to strengthen the G7 price cap on Russian oil, the EU Commission said on Tuesday.
Macron inquired about the interests of Nexans and the 1.4-billion-euro contract for the installation of the underwater cable.
Energy officials from nine EU member states in the Mediterranean said on Monday they wanted to turn the region into a renewable energy hub and would pursue ways to facilitate cross-border projects.
The power interconnection of Greece and Cyprus, with the prospect of an extension to Israel, is now back in track.
European Commission President Ursula von der Leyen on Thursday addressed high energy prices in the EU during a press conference in Brussels, responding to a letter by Greek PM Kyriakos Mitsotakis.
The Republic of Cyprus and Chevron have agreed to hold discussions over the next four months in order to seek an amicable solution that ensures the development of the Aphrodite gas field without further delays.
US interest in utilizing Alexandroupoli as a key liquefied natural gas (LNG) transportation hub in the Central and Southeast Europe region is highlighted by the agreement American company Venture Global announced to book 25% of the capacity to the new floating storage and regasification unit (FSRU).
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