From the final quarter of 2026, and most likely beginning in October, seismic surveys are expected to commence under the joint venture between Chevron and HELLENiQ ENERGY.
Mitsotakis highlighted a landmark agreement between ExxonMobil, Energean and HELLENiQ Energy for exploratory drilling in the northwestern Ionian Sea—the first such activity in nearly 50 years.
Rising energy costs are driving budget revisions across Europe, with Greece already adjusting growth forecasts while households face mounting pressures.
Alpha Bank highlights the strategic role of regional energy routes as Europe faces supply risks, low gas reserves and mounting pressure to diversify away from vulnerable transit chokepoints
The long-delayed Special Spatial Framework for Renewable Energy Sources will set limits on wind farm development, particularly on tourist-heavy islands, while addressing pending investments.
Greek Economy Minister warns prolonged disruption in a key global oil route could surpass past energy crises, as Europe prepares targeted support measures amid rising inflation and slowing growth
Chinese Premier Li Qiang has called for expanded energy cooperation with the UAE and urged stronger protection for Chinese citizens and projects in the country amid the ongoing Iran conflict, according to state media reports
As the International Energy Agency (IEA) warns—and as oil market executives confirm—the situation on the supply side is expected to worsen as the war continues
Greece's adequacy in electricity, fuels, and natural gas, along with supply security, to be reviewed in meetings called by Minister Papastavrou with market players, Regulators, and Grid Operators
The Energy Minister says a temporary ceasefire in key maritime routes could ease pressure on energy prices, while stressing that authorities remain on alert amid ongoing global uncertainty
Executives say the aid package provides limited relief to specific industries, with structural energy costs and competitiveness gaps still unresolved.
Athens has finalized a two-pillar support package for Greek industry after six months of negotiations with the European Commission, targeting both immediate electricity bill reductions and long-term energy efficiency investments.
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 Doha visit forms part of Greek Defense Minister Nikos Dendias’ wider tour of the Persian Gulf, following a stop in the United Arab Emirates.
The disparity is particularly worrying, as the full impact of the ongoing war in the Middle East has yet to be factored in.
Consumer prices accelerated in March across Europe, driven largely by a rebound in energy costs, as geopolitical tensions add pressure to already uncertain economic conditions.
Asian nations are scrambling to arrange energy-swapping deals to counter severe fuel shortages stemming from the Middle East conflict
With Easter around the corner and Middle East tensions pushing up fuel and food prices, Athens is rolling out subsidy measures it has used before — and promising more market inspections.
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.
Households are expected to face higher power prices in April as wholesale electricity costs climb, driven by global energy tensions, though suppliers plan partial offsets to ease the impact