ENERGY

The National Iranian Oil Company Exploration Directorate (NIOCEXP) has discovered a huge oil reserve with more than 50 billion barrels of crude, said President...

Higher than the initial estimates are the natural gas reserves discovered by Energean in the Karish North deposit, off the coast of Israel. Specifically, according...

ENI-TOTAL consortium back downThe Italian-French ENI-TOTAL drilling consortium has backed down from plans to resume drilling activities in field 7 of the Cyprus...

A major breakthrough was made through the Hellenic Petroleum (ELPE) seismic surveys, as there is evidence of a huge amount of natural gas south of Crete. Evidence...

Uranium One Group, a subsidiary of Russia’s state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile’s Atacama salt flat...

Scientists have longed to create the perfect energy source. Ideally, that source would eventually replace greenhouse gas-spewing fossil fuels, power cars, boats,...

Oil prices jumped by more than 2 percent on Friday after an Iranian oil tanker in the Red Sea was hit by two suspected rockets off the coast of Saudi Arabia,...

Italian energy firm Eni said Thursday it would not drill off Cyprus if a row with Turkey over natural gas deposits saw either side send warships. “I am not...

The Hellenic Parliament, in a plenary session on Thursday, ratified four concessions allowing the exploratory drilling and extraction of hydrocarbons in regions...

Hellenic Petroleum (HELPE) on Friday announced the successful completion of a five-year bond issue, with an annual fixed coupon of 2.0 pct while the issue was...