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HRADF: Declaration of Preferred Investor for the acquisition of a majority shareholding of 67% in the share capital of Igoumenitsa Port Authority

HRADF: Declaration of Preferred Investor for the acquisition of a majority shareholding of 67% in the share capital of Igoumenitsa Port Authority

The Board of Directors of HRADF, a member of the GROWTHFUND – The National Fund of Greece, convened today and concluded the process of improved financial offers for the acquisition of a majority shareholding of 67% in the share capital of the Igoumenitsa Port Authority (I.P.A. S.A.) The Board of Directors of HRADF decided to declare

EUs von der Leyen Pitches Temporary Gas Price Caps to EU Leaders - Letter

EU's von der Leyen Pitches Temporary Gas Price Caps to EU Leaders - Letter

The European Union should consider imposing a temporary limit on gas prices and also look at a specific cap on the cost of gas used to generate power, European Commission President Ursula von der Leyen said in a letter sent to EU country leaders on Wednesday

Hermes Well Results and Next Drilling Targets

Hermes Well Results and Next Drilling Targets

Energean plc is pleased to announce that the Hermes exploration well has made a commercial gas discovery of between 7 and 15 bcm and that the Stena IceMax drilling rig has moved to block 12 to drill the Zeus structure. The Hermes exploration well, block 31, offshore Israel, has made a commercial discovery. Preliminary estimates

Spains Enagas Mulls Buying Stake in Albanias Albgaz

Spain's Enagas Mulls Buying Stake in Albania's Albgaz

Spain's natural gas transmission company Enagas said it is considering the purchase of an equity stake in Albanian peer Albgaz, without disclosing the targeted interest

Corrosion May Prove Problem for Nord Stream Pipes

Corrosion May Prove Problem for Nord Stream Pipes

Pipe corrosion could prove a problem for the sub-sea section of the Nord Stream pipeline if sea water penetrates the infrastructure, potentially leading to leakages in the future, according to Gal Luft, the co-director of US-based Institute for the Analysis of Global Security on Monday

Poland to Use Lithuanias LNG Terminal

Poland to Use Lithuania's LNG Terminal

Poland's PGNiG secured a 10-year deal to allow regasification at the Lithuanian LNG terminal, PGNiG announced on Friday

Energean Bumps Up Abu Qir Output

Energean Bumps Up Abu Qir Output

Energean has started up a new well on its Abu Qir concession, in Egypt. Abuqir Petroleum, a joint venture of Egyptian General Petroleum Corp. (EGPC) and Energean, has completed a new sidetrack, the NA/Q-PII#6 ST