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Jan 2026
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Exploration for natural gas on a offshore plot in the Ionian Sea has been completed

Previous studies have shown that the potential value of Greece's natural gas reserves could create a turnover in excess of €250 billion

EU Commission: ‘Yes’ to nuclear & natural gas for the green transition

The Commission's proposal has sparked significant controversy among EU Member States

Greece: Gastrade received the Final Investment Decision (FID) for INGS Alexandroupolis

The FSRU with a capacity of 153.500 sq.m. LNG will be connected to the national natural gas network of Greece with a 28 km long pipeline

Exxonmobil drilling started in block 10 of the Cyprus EEZ

The works involve a series of evaluation drillings at "Glaucus-2" site

The Germans “froze” the certification process of Nord Stream 2 – 12% increase in gas prices

What it takes to get the process off

Mitsotakis at the Summit: Joint gas supply for the whole EU (video)

"The Eastern Mediterranean can, under certain conditions, be developed as an alternative energy source for the European Union"

Cyprus: ExxonMobil to gauge gas field size in 6-8 weeks

Also, France’s Total & Italy’s Eni is set to start drilling in the first half of next year to determine the size of a “promising” deposit

Natural gas price up by 91%, as inflation rose in past month by 1.9%

Fuel prices rose by over 17%

Norway not ready to let go of oil, gas in push for greener energy

The government anticipates oil and gas extraction, which made Norway one of the world's wealthiest nations, will naturally decline by 65% by 2050

Al-Monitor: Turkey to purchase fourth drilling ship to expand energy projects

Amid maritime boundary disputes in the E. Mediterranean & after a 2020 gas field discovery the Black Sea, Turkey’s state-owned oil & gas company finalizes the deal

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