Russian gas monopoly Gazprom yesterday signed agreements with several partners, including Greece, to construct the South Stream pipeline, seen as a rival to the EU-led Nabucco project, the company said.
Gazprom signed agreements with Bulgaria, Serbia and Greece to create joint ventures to carry out feasibility studies on the building of the South Stream gas [...]
Self-service gas stations and automated petrol pumps offering fuel around the clock are likely to be introduced to the Greek market soon.
According to a Development Ministry announcement, gas stations will be allowed to operate self-service and automated petrol pumps in Greece. The Ministry said in a statement yesterday the move will help boost competition in the sector, [...]
The European Investment Bank (EIB) has provided 310 million euros for energy security and efficiency in Greece and Cyprus as part of plans to pump more money into sectors hit by the economic slowdown, it said yesterday.
EIB, the European Union’s investment agency, provided 280 million euros to Greece’s Public Power Corporation (PPC) for a new [...]
Demand for two key energy resources, electricity and petrol, has dropped in the last few months, indicating that the crisis has reached the real economy, industry sources said.
Data from the Public Power Corporation (PPC) show that demand has fallen due to the slowing economy, raising concerns that the company may have to revise lower its [...]
EU Environment Commissioner Stavros Dimas attended an energy conference started in Athens yesterday.
Some 330 new investments in solar-powered energy sources are currently being completed in Greece, worth around 1.2 billion euros, according to government sources. The new investments will add 919 megawatts to the 1,100 MW already produced by Greece’s solar energy sources.
As regards [...]
Greece has signed a deal to set up a second connection linking its power grid with Bulgaria in a bid to boost the country’s power system, the Development Ministry said yesterday.
Greece has been hooking up with power networks in Southeast Europe, such as Turkey and Albania, to boost supply of the country’s electricity system, which [...]
Metals and energy group Mytilineos has signed a power production agreement with Greece’s second-largest refinery, Motor Oil, as part of plans to expand in the sector.
Mytilineos will pay 59.5 million euros through a share capital increase to acquire a 65 percent stake in Corinth Power, which has a license to operate a plant to be [...]
