ENERGY

In the Eastern Mediterranean basin, which has a size of about 1/3 of Saudi Arabia, according to reasonable estimates, lies an untold treasure. Geographically...

After a deliberate break of many years in hydrocarbon exploration, the first quantum leap began, ie the exploration for the exploitation of Greek mineral wealth,...

Abu Dhabi: The UAE has today (August 1) become the first country in the Arab World to begin peaceful nuclear energy production. The successful opening of UAE’s...

Greece’s LNG imports almost doubled year on year in the first half of 2020 as cheap spot LNG — particularly from the US — displaced Russian gas imports,...

Chevron Corporation (NYSE: CVX) announced today that it has entered into a definitive agreement with Noble Energy, Inc. (NASDAQ: NBL) to acquire all of the...

The Israeli government on Sunday approved an agreement with European countries for the construction of a subsea pipeline that would supply Europe with natural...

Based on the offer of new opportunities and development prospects both for the Port of Patras and the wider region, a memorandum of understanding was signed...

The new interconnection will enable Crete’s renewable energy transition by providing a one gigawatt (GW) link between the island Crete and Greece’s mainland...

The price of futures contract for Brent crude oil with July delivery on London’s ICE rose by 4.9% and reached $34.09 per barrel. The last time the price of...

The company that facilitates payments on the U.K. electricity market, tracking the trade between those who produce electricity and those who supply it and resolving...

OPEC+ nations have signed an agreement on daily oil production cuts by 9.7 million barrels for a term of two months, Kazakhstan’s energy ministry said on...

Russia and Saudi Arabia are “very, very close” to a deal on oil production cuts, according to the chief executive of Russia’s sovereign wealth fund RDIF....