SMP level rising, wholesale market structure changing
Day-ahead market prices in Greece have risen and competition between lignite and gas-fired power stations has intensified amid the unusually hot weather conditions around Europe, pressuring markets to adjust. Over the past week, prices in the day-ahead market, the main […]
US drillship in Cyprus may reignite Greek-Turkish tension
US energy giant ExxonMobil plans to conduct its first offshore drilling venture at block 12 in Cyprus’s Exclusive Economic Zone (EEZ) within the next few weeks as part of its hydrocarbon exploration effort in the region, sparking fears of renewed […]
Energean gas resources in Israel 40 times the size of annual Greek needs
The 212 billion cubic meters (bcm) of recoverable prospective natural gas resources included in an updated […]
Energean’s Israeli reserves, resources increase significantly
An updated Competent Persons Report (CPR) for the Israeli portfolio of Energean Oil and Gas, the […]
Fuel price ceiling decision deferred for at least a week
The Ministry of Economy and Development, unsure as to whether it should adopt a RAE (Regulatory […]
Ministry responds to geothermal energy impact concerns
Thirty of thirty-two geothermal fields discovered in Greece so far may be utilized to greatly support […]
