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Saturday
16
May 2026
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Athens 19°C

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Natural Gas jumps 20% as prices “soar” in Europe due to Middle East war

The price on the European market reached €53.6/MWh – Under the pressure of the ongoing conflict in the Middle East, April delivery contracts surged 20.44% in a single day at TTF

Hydrocarbon contracts in Parliament, Greece as an energy hub with Saudi Arabia and investments in the background

The consortium includes the American Chevron and the Greek HELLENiQ Energy, with the Minister of Environment and Energy, Stavros Papastavrou, stressing that, if the explorations pay off, the benefits for the country will be multiple

Cyprus: The “Kronos” field on the final straight for sending gas to Europe

The Cypriot President met with the Chief Operating Officer of the Italian company ENI, which participates in the consortium for the export of gas through existing Egyptian infrastructure

Mitsotakis: Greece as a supply hub for American LNG – Zelenskyy: We thank Athens and Trump (updated)

The Ukrainian president announced the agreement with Athens. “It will be a new supply route for the winter,” he emphasized

The secrets of Block 2 in the Ionian Sea – The importance of the ExxonMobil, Energean and Helleniq Energy agreement for natural gas

Block 2 is located 30 km west of Corfu – the exploratory drilling is expected at the end of 2026 or the beginning of 2027 – the first concession was in 2018 and the 3D data in 2021

Ministry of Environment and Energy: Announcement of the signing for the offshore blocks south of Crete and the Peloponnese

Preferred investors: the consortia of Chevron – Helleniq Energy groups

Hydrocarbons: Α new page in Crete through Chevron – Potential resources of 200 billion cubic meters in the Ionian Sea

Domestic hydrocarbon production will make Greece a pillar of energy security for the EU

Chevron and Total return to Libya: the first hydrocarbon tender since the 2011 war

Major oil companies such as Chevron, Total Energies, Eni and ExxonMobil are participating in the new tender

Hydrocarbons: Signals of further investment interest in the Greek market

Targeting natural gas deposits without excluding oil either - Why divestment from fossil fuels may lead to supply shortages in the market

Hydrocarbons: Chevron has bought EDEYEP’s analysis of 20 potential targets in the Ionian Sea

What does the tender announcement provide for the offshore blocks in the Southern Peloponnese and A2, which is claimed by Helleniq Energy?

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