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The Cyprus Connection: EU funds EuroAsia electric link

Planning to create well-integrated energy infrastructure networks, EU countries have agreed on a European Commission proposal to invest €1.037 billion in 5 cross-border infrastructure...

EIB loan to finance power cable between Crete and mainland Greece

ATHENS - The Greek island of Crete took a step closer towards energy independence and cutting CO2 emissions on 9 May, following a deal...

Turkey challenges Greece, Cyprus again over East Med hydrocarbon exploration

Echoing his warnings against Cyprus' energy exploration, Turkey Defence Minister Hulusi Akar said October 24 his country will not allow Greece to interfere in...

Exxon, Total get the green light for drilling off the Greek island of Crete

ATHENS - A consortium of US oil and gas giant ExxonMobil, French energy major Total, and Greece’s Hellenic Petroleum (HELPE) has been awarded a...

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