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Greece pledges tax reduction to attract oil and gas majors

Greece intends to reduce tax rates for oil and gas firms since it desires to attract them to aid develop its unexploited offshore hydrocarbon resources, as stated by its energy minister on Tuesday.

read more... 02/07/2014

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Seven EU countries urge European Commission to set a 2030 energy efficiency target

Seven countries of the European Union, including Belgium, Denmark, Germany, Greece, Ireland, Luxembourg and Portugal, are urging the European Commission to propose an ambitious 2030 target for energy efficiency in its review of the progress towards the 2020 energy efficiency target.

read more... 23/06/2014

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Greece approves demand of Italian company to seek out oil, gas

Greece authorized on Wednesday a demand of an Italian energy company to seek out oil and natural gas in three onshore regions in the west of the country, Arta, Aetoloakarnania and the northwestern Peloponnes.

read more... 26/05/2014

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Greece suggests new law to reduce solar power deficit

Greece revealed on Friday a draft law to reduce solar power prices by almost 30% aiming to cover a financial gap of approximately 1 million euro in the energy sector’s funds. Meanwhile, a price slash of about 5% is estimated for wind energy producers.

read more... 10/03/2014

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Greek heavy industry on verge of collapse

The Greek heavy industry is experiencing a collapse period as Halyvourgiki and Hellenic Halyvourgia, two of Greece's biggest steelmakers are likely to lose the fight for survival.

read more... 19/02/2014

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