Energy

Analyst Orestis Omran, during an interview at the OT.gr studio within TIF: 'Implementation of the project will contribute to lifting Cyprus' energy isolation'

CEO of the recently renamed Metlen Energy & Metals group said 'tangible measures' are required to protect European industry; cites article on CRMs

This optimism is fueled by PPC's recent 700 million euro acquisition of Macquarie's renewable energy portfolio in Romania and the company's strong financial performance in the first half of the year.

Greece's carbon dioxide storage initiatives attract local and international interest, driven by EU decarbonization policies and industry needs

The Katlan project is expected to unlock additional value in Israeli waters, enhancing energy security and supporting sustainable development in both Israel and the wider region.

Motor Oil, a petroleum industry company based in Greece focusing on oil refining and trading, is scheduled to hold an extraordinary meeting on July 17 to approve the acquisition

On the renewable energy front, Stassis cited cooperation with major partners, including RWE, for projects totaling 940 MW, along with Intrakat for up to 2.7 GW and Metlen for 2 GW

The company approved a record 199.4-million-euro dividend distribution to its shareholders, or 1.80 euros per share, in a general meeting to be paid out on Wednesday, July 3rd.

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

3D seismic surveys were conducted in the two offshore blocks west and southwest of Crete by a consortium comprised of ExxonMobil and HelleniQ Energy

Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy.

Alexandra Sdoukou: Never in post-war Greece have we had so many two-dimensional and three-dimensional surveys

Currently, renovations in the EU countries are only reducing annual energy consumption by 1%, according to the European Commission.

An electronic data collection mechanism will be linked to Tax Warehouses and Customs Warehouses input-output analysis systems, while a digital application will allow for registration of Energy Products by bunker vessels

Renewable energy sources in the country for 2022 generated 43% of electricity demand

The inaugural energy cargo will test the operation of the newly completed Floating Storage Regasification Unit terminal off the extreme NE Greek port

A noteworthy portion of Ukraine's current exports is facilitated by Greek-owned fleets, comprising 37.24% of total ships departing from Ukrainian ports and carrying 53.11% of the country's exported goods

The head of Greece’s national organization of immovable private property owners warned millions of owners are at risk of facing depreciation of their assets in the coming years due to the inability to finance the mandatory energy upgrades of their buildings.

Last year marked an auspicious milestone for Greece, as 57% of the electricity generated in the country was derived from renewable energy sources (RES), such as solar, wind or hydroelectric units. That equates to over 25 TWh. In comparison, RESs accounted for 50.12% of the power generated in 2022. Over a 10-year period, electricity generated […]