The European Investment Bank (EIB) and Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO) have signed a deal for €1.9 billion financing for the development of an interconnector that will eliminate the electrical isolation of the islands of Kos, Rhodes and Karp
Norway’s oil and gas player Vår Energi and its partner, Kistos Energy, have drilled an exploration well in the Norwegian sector of the North Sea, which yielded no commercial hydrocarbons.
