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Athens

Greece’s DESFA Announces 37.6% YoY Revenue Increase

  • by Nader Ramadan
  • Monday, 28th August 2023

Greek gas grid operator DESFA announced impressive financial results for 2022. The company recorded a 37.6% year-on-year (YoY) revenue increase, reaching €278.3 million from €202.6 million. The results further include a 29% YoY profit growth, recording €81.6 million from €63.1 million a year earlier.

Lebanon

Lebanon to Start Offshore Drilling for Natural Gas

  • by Doaa Ashraf
  • Wednesday, 16th August 2023

Lebanon plans to explore gas potential at Block 9, located off its southern coast, with the recent arrival of the Transocean Barents drilling rig, said Lebanon’s Public Works and Transport Minister Ali Hamie. “The arrival of the equipment marks an important step in the preparation for the drilling of the exploration well in Block 9, which will […]

Egypt

Egypt’s LNG: A Treasure Trove for Europe’s Energy Needs 

  • by Nader Ramadan
  • Monday, 10th July 2023

Europe was faced with what many perceived to be an insurmountable energy crisis that would put the continent’s self-sufficiency and energy security to the ultimate test

Greece

Greece to Hold 1st Hydrogen, Green Gases Forum in June

  • by Nader Ramadan
  • Monday, 10th July 2023

Greece will host the 1st Hydrogen and Green Gases Forum, which is an energy press event constituting the country’s only forum to comprehensively cover green gas and hydrogen

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