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Cyprus, Noble Energy reach deal to expedite Aphrodite development

Cyprus’ government has reached a deal to revise the contract with US-based company Noble Energy and its joint venture partners, Israel’s Delek Group and...

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...

US, Israel, Cyprus, Greece reaffirm regional energy cooperation

Israeli Prime Minister Benjamin Netanyahu, Cypriot President Nicos Anastasiades, Greece's Prime Minister Alexis Tsipras, and US Secretary of State Mike Pompeo on 20 March...

Wind power may cover almost 40% of Portugal’s electricity by 2030

PORTO, Portugal – Portugal’s wind power is expected to grow to around 7 GW by 2030, which is enough to cover almost 40% of...

Pompeo spearheads US efforts to bring East Med gas to EU

ATHENS – The United States is very supportive of plans to develop gas reserves in the East Mediterranean and export them to Europe, lessening...

Prespes Agreement ratification enters final stretch

The Greek side’s ratification process for June’s Prespes Agreement which seeks to resolve the Name Dispute between Greece and Macedonia/FYROM is now moving forward...

Name Dispute: Independent Greeks on the rocks

The ratification process for the Prespes Agreement, signed by Greece and Macedonia/FYROM last June in attempt to resolve the Name Dispute between them, rolls...

Name Dispute: Flaws in Prespes Agreement fuel new Greek firestorm

With the Prespes Agreement ratification steamroller moving almost inexorably forward in Macedonia/FYROM, public attention to the issue in Greece has refocused and the subject...

Putin voices support for OPEC, sees no need to cut production

Russian President Vladimir Putin reportedly said on November 15 that Moscow is committed to continuing its cooperation with the Organization of Petroleum Exporting Countries...

As Exxon prepares to drill off Cyprus, tensions flare with Turkey

LIMASSOL, Cyprus – The drillship of ExxonMobil is reportedly expected to arrive in the port of Limassol on November 5 as the US energy...

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...

Cyprus-Egypt pipeline deal may facilitate LNG gas exports to EU

Cyprus and Egypt have signed an agreement for the construction of an underwater pipeline to export natural gas to Egypt. Cyprus’ Energy Minister Yiorgos...

Russia, Saudi push for OPEC oil supply increase while demand is strong

The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers are seeking a compromise as Saudi Arabia and Russia are pushing the oil cartel...

Basque Country’s industry pushes wind energy production in Spain

BILBAO, Spain – Spain is close to the EU goal of having the country’s energy produced by renewables and without CO2 emissions by 2020.“If...

Macron calls for climate and energy sovereignty

STRASBOURG – French President Emmanuel Macron said it is “essential” for the Europe Union to increase the bloc’s "climate and energy sovereignty."“We must quickly...

Searching for meaning in Greek PM Tsipras’ planned Washington visit

Since the announcement of a White House meeting for Greek PM Alexis Tsipras last July, issued by the Office of Vice President Pence, observers...

Go West (Again)! Digital Policy Minister Nikos Pappas visits Trump’s Washington

Greece’s Syriza-ANEL (Independent Greeks) coalition government simply won’t back off from its efforts to expand contacts with the Trump Administration, with the third minister...

Brief encounters of the first kind: Top U.S. and Greek diplomats meet

U.S. Secretary of State Rex Tillerson met with Greek Foreign Minister Nikos Kotzias in Washington March 13, just hours before Tillerson planned to depart...

Romania’s Cluj capitalises on Smart City energy

The largest city of Transylvania, Cluj-Napoca, is trying to attract investors with the help of EU funds to become smarter, Emil Boc, the city’s...

Trump victory downgrades Syriza investment in Obama visit to “junk” status

It seems Greece’s Syriza government invested too much energy and hope in the Clinton family enterprise and that investment quickly went through the floor...

For Greece’s PM Tsipras, Another Fruitless Run at the Debt Issue in New York

In serious trouble at home from a series of interconnected scandals and policy blunders, Greece’s Prime Minister Alexis Tsipras turned to the annual UN...

Jack Lew does Athens and urges continued reform, but promises nothing on debt

As promised by President Obama in Warsaw earlier this month, Treasury Secretary Jack Lew concluded his post-Brexit vote European consultations and visited Athens for...

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