Europe

On Wednesday, the U.S. expressed its opposition to the agreement announced by Turkey for the creation of a natural gas hub in cooperation with Russia. Turkish President Tayyip Erdogan said on Wednesday that he had agreed with his Russian counterpart,...

According to a new report by Reuters, Turkish President Erdogan claimed on Friday that his country's experts have discovered the largest gas deposit that the country had ever located in the Black Sea. In an address to the nation, the...

Hellenic Ministry of Environment, Energy and Climate Change announced approval of a preliminary report on construction of a natural gas link between Greece and neighboring Bulgaria. More specifically, the northern Greek city of Komotini is going to be connected with...

The estimated amount of natural gas reserves within the Block 12 concession, operated by the Noble Energy Inc., has been revised downwards by a foreign independent consulting company, “Netherland Sewell & Associated Ltd”, which works with the American firm...

The energy ministries of Greece and Italy on Monday issued a joint statement regarding the pipeline that will be selected to carry Azeri natural gas to Europe. The joint statement was made in response to reports, according to which, the...

In his interview to Fileleftheros newspaper, Professor Emeritus Antonis Foskolos of the Department of Mineral Resources and Engineering of the Technical University of Crete claimed that there is serious scientific evidence showing that the Cypriot EEZ holds a wealth of...

Stocks of natural gas in the EU have reached a historic high. By August 17th, the storage facilities of the EU member states were 90.12 percent full. This was reported by Politico in reference to data from the Gas...

Natural gas has always been a valuable commodity in Europe and is becoming even rarer now, but what is the reason for this? What is behind this is elevated prices due to the interruption in supply caused by Russia’s...

Greek PM Kyriakos Mitsotakis repeated a call for European action to cap gas prices in an article published by Bloomberg on Monday. While such a cap carried risks, he said, Europe must “take back control of its gas market" and...

A new Greece-Bulgaria gas pipeline that opened on Saturday promises to reduce dependency on Russian energy in the Balkans and make Greece a hub for energy in the region. The ceremony for the Greece-Bulgaria gas interconnector (IGB) was held in...

Greece along with another fourteen EU member states has called on the European Commission to impose a price cap on gas imports to tackle the energy crisis in Europe. As soaring energy bills threaten to undermine popular support for governments,...

The European Union (EU) told member states on Wednesday to cut gas usage by 15 percent until March as an emergency step after President Vladimir Putin warned that Russian supplies sent via the biggest pipeline to Europe could be...

Russia's energy giant Gazprom completely severed gas supplies to both Bulgaria and Poland on Wednesday after its April payments were received in roubles. The announcement comes after Russian President Vladimir Putin demanded that countries deemed "unfriendly" to Russia must start...

Russian President Vladimir Putin threatened to cut off Russian gas to Europe if "unfriendly countries" don't pay in rubles, the Russian currency, by Friday. "If unfriendly countries do not pay in rubles from April 1, we will consider this a...

US President Joe Biden and the EU President Ursula von der Leyen announced on Friday a major deal on liquified natural gas, in an attempt to reduce Europe's reliance on Russian energy. The agreement will see the US provide the...