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Energean Oil & Gas Launches $225 Million Investment Plan

Energean Oil & Gas has just initiated a $225 million dollar investment plan to create 30 million barrels of reserves from North West Greece, along with a production rise from Epsilon, Prinos and Prinos North fields to 10,000 bbls per day by 2016, according to Scandinavian Oil Gas Magazine.

August 28, 2014
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EU Solidarity Fund Plans 3.7 Million Euro Greek Aid

The EU Solidarity Fund is set to offer Greece 3.7 million euros in aid, positioned for the nation's natural disasters.

August 27, 2014
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Motor Oil Reduces Initial Half Loss

Motor Oil, the second largest oil refinery in Greece, reduced its initial half loss, which was assisted by decreased oil inventory taxes and deficits.