Rising refining margins and higher aluminum prices, linked to tensions in the Middle East, could strengthen prospects for Greece’s energy and metals sectors, according to analysis from Optima Bank.

On Tuesday, Feb. 24, the minister is scheduled to take part in the Transatlantic Summit on Natural Gas Security and the Vertical Corridor.

Greek Energy and Environment Minister Stavros Papastavrou is traveling to Washington for a series of high-level meetings aimed at deepening U.S.-Greece strategic energy cooperation and reinforcing Athens’ role in Europe’s evolving energy architecture, including efforts to operationalize the so-called Vertical Corridor. The visit follows energy agreements signed during the Partnership for Transatlantic Energy Cooperation (P-TEC) […]

Energy minister says EU rejects Turkey-Libya maritime pact as unlawful and insists Greece is exercising its sovereign rights under international law

On the ExxonMobil front, Papastavrou confirmed that Greece will conduct its first exploratory drilling in nearly half a century in the first half of 2027.

Two high-level summits are expected in Washington with U.S., Greek, and European stakeholders, with Greece to be represented by AKTOR CEO, Alexandros Exarchou.

Minister Papastavrou's visit came at a moment when governments across the region are reassessing supply routes and strategic alignments in response to shifting Middle Eastern dynamics and Europe’s ongoing effort to break from Russian gas

Papastavrou confirmed that American exporters have reached agreements with Greek companies — and added that “this LNG will make its way all the way to Ukraine.”

“Our country is, in practice and on the ground, becoming an energy hub,” said the Minister of Environment and Energy, Stavros Papastavrou

Greek minister Papastavrou said the P-TEC conference will be attended by U.S. Secretary of Energy Chris Wright and U.S. Secretary of the Interior Doug Burgum.

While in New York, the minister also conferred with EU Commissioner for Climate Action Wopke Hoekstra on the sidelines of the UN Climate Summit.

The Energy Minister's visit comes at a pivotal time in U.S.–Greece relations, with Washington signaling a clear intent to deepen energy cooperation with Athens.

Minister of Energy and Environment Stavros Papastavrou said the government was considering a series of measures to alleviate consumer pressure if electricity costs increased

The Greek government is attributing geopolitical significance to Papastavrou's visit, aiming to capitalize on Chevron and ExxonMobil's activities to strengthen the strategic alliance with the United States.

“When prices exceed a certain threshold, we intervene,” said Skylakakis

Top U.S official warns of several challenges faced by the planet, and significance of Western countries' efforts to achieve energy independence from Russian fossil fuels

Executives say the aid package provides limited relief to specific industries, with structural energy costs and competitiveness gaps still unresolved.

All economic data and forecasts, ranging from international institutions to credit rating agencies, local authorities, and financial pundits, presented a sanguine narrative for the Greek economy in 2026. However, the protracted conflict in the Middle East has upended these optimistic projections, which anticipated economic growth to hover upward of 2% in 2026, with Greek authorities even […]

The disparity is particularly worrying, as the full impact of the ongoing war in the Middle East has yet to be factored in.

Lawmakers clash over fuel subsidies, tax cuts, and support for vulnerable households as the greek government attempts to tackle rising energy costs linked to the Middle East war.