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Donald Trump met with Chevron and other oil giants: Concerns over the “war shock” in energy prices
The U.S. president regularly holds meetings with industry executives in order to stay informed about developments. Gasoline prices in the U.S. have reached $4.18 per gallon, the highest level since 2022
Oil: Brent heading toward $110 due to Hormuz, with the Fed, BOJ, and fears of a new energy shock in focus
According to experts, it will take at least four to six months for the oil market to stabilize, and until then prices are likely to remain elevated
Papastavrou: With photovoltaics in balconies we are strengthening energy democracy
"The sun and the wind belong to everyone. We are opening the way for photovoltaics on the balcony and creating the possibility for every citizen to reduce the cost of energy," said the Minister of Environment and Energy.
Public Power Corporation (PPC): Mega share capital increase of €4 billion
Capital raising through a share capital increase to finance PPC Group’s new Strategic Plan 2030 – The decision of the Greek State to participate in PPC’s share capital increase was announced by the Ministry of National Economy and Finance
Natural gas: Egypt “locks in” all production from the Aphrodite field in Cyprus
Egypt secures all production from the Aphrodite field, enhancing its energy security and investing in new gas transmission infrastructure in the Eastern Mediterranean
The current energy crisis is the most serious since 1973, 1979 and 2002 combined, says the International Energy Agency
At the heart of the crisis are European countries, as well as Japan, Australia and others, but the countries most at risk are developing countries, said ILO chief Fatih Birol
PPC Group: the construction of the 2.13 GW photovoltaic plants in Western Macedonia is completed, the storage units are “running”
The largest group of photovoltaic projects in Europe, with an average annual production of 3,150 GWh - capable of covering almost 6% of the annual demand of the interconnected system - Their operation ensures the annual needs of almost 750,000 households
