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Tuesday
15
Sep 2026
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Athens 24°C

> Natural Gas

> Natural Gas

Energy domino effect ‘inflates’ winter bills for households and businesses, with new defensive measures looming

From heating oil and transport fuels to natural gas and electricity, the crisis in the Middle East is bringing a new wave of price rises to consumers

Green light for sale of Cypriot natural gas: First exports from “Cronos” expected in 2028

Cyprus is entering the era of natural gas production and exports for the first time, after Eni reached the final investment decision for the development of the “Cronos” gas field in Block 6 of the Cypriot Exclusive Economic Zone (EEZ)

Chevron enters Block 10 in the Kyparissiakos Gulf with a 70% stake & Operator role – Path opens for next phase of exploration

Approvals for the agreement with HELLENiQ ENERGY were completed in record time. Chevron will acquire its fifth offshore concession in Greece’s hydrocarbons sector

Analysis: Even if peace comes to the Middle East now, it will still take a long time for fuel prices to fall

Even if a U.S.–Iran agreement is reached and the Strait of Hormuz reopens immediately, fuel prices are unlikely to return quickly to their early-2026 levels. Markets will need months to be “convinced” that the danger has truly passed. This is the well-known “rockets and feathers” phenomenon

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