In an interview with Reuters, QatarEnergy CEO Saad al-Kaabi warned that the damage from recent Iranian attacks could force the company to declare force majeure on long-term LNG contracts to Italy, Belgium, South Korea and China
A package of 25 measures targets vulnerable households and small businesses, focusing on energy efficiency, social housing and cleaner transport, with implementation set to begin in 2026
Prime Minister Kyriakos Mitsotakis says a new measure to reduce electricity prices for businesses will be announced in the coming days, responding to industry demands amid rising global energy costs.
One cannot claim to be the guarantor of stability while simultaneously hunting out opportunities to stir things up
The government prepares to defend temporary profit caps on fuel and supermarket goods as lawmakers debate the measure this week amid rising inflation concerns
A coordinated release of 400 million barrels from strategic stockpiles aims to ease soaring prices and supply disruptions linked to attacks affecting energy flows through the Strait of Hormuz
The government imposed temporary limits on profit margins for fuel, food and essential products until June 30, aiming to prevent price gouging amid economic pressures linked to the Middle East conflict
The greek government will impose a three-month cap on profit margins for fuel and supermarket goods to prevent price gouging linked to the Middle East crisis. The government will present the detailed measures later today.
Over the weekend Kuwait began cutting production, the latest regional supplier to rein in output after Iraq and Qatar
Energy Minister Stavros Papastavrou warns the Middle East war is already pushing up fuel prices in Greece, says intervention could come if oil hits $100 a barrel and notes the country holds more than 90 days of reserves.
A halt in Qatari LNG production is rattling global energy markets, and Greece, which is heavily dependent on imported fuel, could potentially face rising inflation, a wider trade deficit, and slower growth.
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.
Rising Middle East tensions and the risk of another energy price surge are testing how much fiscal space Greece has to shield households and the economy from a new wave of inflation.
Qatar's energy minister told the Financial Times in an exclusive interview that a continued Middle East war could send oil to $150 a barrel and force every Gulf energy exporter to halt shipments within days.
Deputy Prime Minister Kostis Hatzidakis says an announcement on reducing industrial energy costs is imminent, as the government works to boost competitiveness and attract investment.
A tense parliamentary exchange over electricity costs and energy security exposed sharp disagreements over Greece’s green transition, market structure and the broader economic reality facing households.
Eurostat reports that 19% of people in Greece could not keep their homes adequately warm in 2024, slightly improved from 19.2% in 2023, but still more than double the EU average
Geopolitics, climate-related losses, global debt pressures and inflated AI company valuations could pose challenges for Greece’s economy, even as growth and market indicators improve, according to the president of the Athens Chamber of Commerce and Industry
Rising gas and power costs across the EU, driven by extreme weather, low reserves and market volatility, are weighing heavily on households and businesses, with Greece facing some of the steepest electricity prices in Europe
In a TV interview after a Riyadh visit, Greece’s energy minister outlined three strategic connectivity projects with Saudi Arabia, framed within EU energy policy, maritime decarbonization talks, and efforts to curb household power costs.