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PM seeks to douse snap election talk, points to October polls
PoliticsGreek PoliticsAmid growing speculation that Alexis Tsipras is thinking of rejecting the option of holding snap... reports suggesting that Tsipras is leaning towards holding out until October for general elections... but some commentators have suggested that this would also facilitate the holding of national
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Greek banks eye positive market appetite for bad loan sales
EconomyBankinga holding company. In Piraeus Bank’s preliminary summary ahead of their full 2019 results, the bank... as forthcoming legislative reforms. Alpha Alpha Bank is also holding roadshows in Paris and London this week... will be transformed into a holding company with a transformation date of June 30, 2019. The results
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Broad agenda for Kerry's visit to Athens
PoliticsForeign Policythat Washington's long-term plans include the construction of an LNG gas terminal that could be constructed in Alexandroupoli, in northwestern Greece. The gas terminal will supply the European market gas through... in the future US shale gas to be transferred to Europe. For this reason, the US has warmly welcomed the so
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Inauguration of TAP pipeline project offers investment, diplomatic boost
PoliticsForeign Policythe Bureau of Energy Resources (ENR) will be there on behalf of the US government. TAP will transport gas from the Caspian to Europe and is the European section of the Southern Gas Corridor. The project...-Anatolian gas pipeline. It will cross Greece, Albania and the Adriatic Sea and come ashore in Italy
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Collapse of Cyprus talks, "Justice March" raise risk of offshore drilling standoff
Agoraissued a maritime advisory (Navtex 240/17) for a natural gas drill between 10 July and 15 October 2017... giving it a 50 percent interest in the block. In 2015, Eni discovered 850bcm of gas in Egypt’s Shorouk... a significant boost to Cyprus’s hopes of monetising its gas reserves. Total’s ultra-deepwater
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Energy conference highlights path and obstacles to European energy integration
EconomyFeatures, because that tends to be much less geopolitical than the gas market.” Speaking on the integration of the European gas market, Sofia Michelaki, Head of the Legal Department at the Hellenic Gas Transmission System Operator (DESFA), remarked on the prospects of a Europe with a uniform gas network
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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign PolicyENI's drilling in the Cypriot EEZ. “We expressed our concerns to ENI. Drilling works for natural gas... confirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas
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Where is the EastMed pipeline heading?
Agoraproject, a 1,900-kilometer undersea pipeline that could transport Israeli gas to Europe. If completed..., the glut of gas on the international market and the EU’s bid to move away from hydrocarbons are other... will supply it - with necessary quantities of natural gas. But the question is also whether regional
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Turkey's Aegean moratorium eases tension as Berlin tries to foster talks
PoliticsForeign PolicyTurkey has decided to suspend for the time being planned research for oil and gas reserves in areas... oil and gas finds in the Aegean Sea and Eastern Mediterranean, arguing that sea boundaries... why just hours after Kalin said it would pause research for oil and gas exploration in the Eastern
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Impact of inflation already widespread, but data suggests worse to come
EconomyFeaturespct. Energy related prices skyrocketed annually in October, with natural gas up by 132.3 pct... is equally alarming, with natural gas and heating oil prices jumping by more than 21 pct month-on-month... petroleum products jumped annually by 86.4 pct, extraction of crude and natural gas was up by more than
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