Recent Articles and Media

Accounting Surplus and Actual Cost of Electricity Generation in Greece

As long as Greece depends entirely on imported energy inputs without robust safeguards, it may record accounting surpluses from electricity exports, yet still suffer a net economic loss through its overall balance of payments due to the cost of the domestic generation of electricity (published in Naftemporiki, May 29, 2026)

Strategic Integration of Ionian Upstream Assets into the Adriatic Energy Grid: Securing the Southern Flank

The South-North axis of the Ionian Sea offers Europe one of its few immediate pathways for structural energy reinforcement without requiring colossal new infrastructure investments (published in Modern Diplomacy, May 27, 2026).

The Ionian-Adriatic Corridor: When Geology Gains Momentum Through Infrastructure

Block 2 takes a strategic importance and allows Greece to join a mature energy corridor and make a substantial contribution to European security of supply (published in Naftemporiki, May 26, 2026)

Newsletter 24 May, 2026

Europe faces rising energy volatility as Indo‑Pacific buyers redirect LNG and crude once destined for Europe. Unlike hypothetical megaprojects requiring new pipelines or terminals, the Ionian–Adriatic corridor stands out as a cost efficient and immediately usable opportunity for Block 2 west of Corfou.

From Asia to the Pump: How Prices Are Shaped for Greece

Greece, a small and open economy, lacks both the scale and the long-term contracts that would allow it to absorb the volatility of a market that is becoming increasingly tight, competitive, and expensive (published in DefencePoint, May 23, 2026).

Western Macedonia and the Question of the Nuclear Restart

Western Macedonia remains one of Europe’s regions most severely affected by the rapid coal phase‑out. Its economy, built for decades around a single lignite complex, was left without stable production, storage capacity or equivalent jobs to replace the scale of mining (Published in Energia.gr, May 21, 2026).

Indo-Pacific Oil & Gas Reset: Gulf Shifts, U.S. Risk & and the New Geography of Asian Procurement

The global hydrocarbon system is currently facing significant structural constraints, with access to oil and gas heavily influenced by geography and political factors rather than just market prices. May 20, 2026).

Newsletter 17 May, 2026

The past weeks showed a clear pattern across articles and interviews. The global oil and gas system has moved into structural anelasticity, behaving less like a market and more like a material under pressure. The past forty‑eight hours only reinforced this geometry.

The New Global Energy Chessboard: Chokepoints, LNG Routes and the Fight for Resilience

The energy chessboard is no longer a field of reversible moves, it is a hardened surface where pipelines, LNG flows, oil routes, semiconductor chains and tariff regimes carve new lines of power (published in Modern Diplomacy, May 16, 2026).

The New Order of Natural Gas in the Gulf: Established Roles, Limited Room for Maneuver

The global natural gas system is entering a period in which constraints are outweighing flexibility, creating a market that functions more as a rigid structure than as an adaptive mechanism (published in Naftemporiki, May 9, 2026).

In the News

In ERT News Radio on Saturday morning, May 9, 2026, journalist Alfonsos Vitalis explores the unfolding consequences of the Middle East war, tracing its economic, political and energy dimensions as they reverberate across the region and beyond.

Rigid Margins, Rising Pressures: The New Gulf Gas Order

The global gas system is entering a phase defined by limits rather than freedoms. It absorbs shocks but does not return to a neutral baseline; each disturbance leaves a mark that becomes part of the next equilibrium (published in Modern Diplomacy, May 8, 2026).

From “post-OPEC” to “post-elasticity”

The goal is no longer to maximize the number of barrels, but to maximize the value per barreld (published in Naftemporiki, May 5, 2026).

Newsletter 30 April, 2026

Across the articles and the podcast below it becomes clear that the Gulf has shifted into a structural contest shaped by anelasticity and hysteresis. The UAE’s break with OPEC+ exposes a wider race where Iran, the Gulf states and the United States compete over Asia’s next energy cycle built on new products and new processes.

The Gulf in Flux: The Emirates, Iran, and the New Regional Equation

The United Arab Emirates announced withdrawal from OPEC is a sign of an energy shift in the Gulf (published in Oikonomikos Taxydromos, April 29, 2026).

From the oil barrel to new products: The Gulf’s industrial war over Asia’s next energy cycle

Energy is once again becoming the central lens through which global power must be understood (published in Naftemporiki, April 29, 2026).

Newsletter 15 April, 2026

Across the four articles below, a single architecture emerges. The global energy system behaves like a material under continuous deformation. The past months have revealed a global energy system that no longer resets after each crisis. Instead, it accumulates stress.

Layered Anelasticities: When New Shocks Arrive Before Old Ones Heal

The global energy system increasingly behaves like a material under continuous deformation; anelasticity is the incomplete recovery after stress, while hysteresis is the persistence of that stress in shaping future reactions (published in Modern Diplomacy, April 15, 2026).

The Lego Moment: Anelasticity and Hysteresis in the Global Energy Market

The defining feature of the current period is the accelerating pace of events: new disruptions arise before the system has had time to recover from the previous ones, creating layers of unresolved tension (published in Naftemporiki, April 14, 2026).

The Continent That Believed Geopolitics Had Ended

For more than three decades, Europe behaved as if history had granted it a permanent exemption from geopolitics (published in Modern Diplomacy, April 10, 2026).

Europe Under Pressure: The Baltic–Balkans–Strait of Hormuz and Europe’s Untapped Reserves

The attempted sabotage of the TurkStream pipeline in Serbia is much more than a regional security incident and brings back the question that European leaders prefer to avoid: how much Russian gas continues to flow into the continent (published in Naftemporiki, April 7, 2026).

From Flames to Blue Hydrogen: The New Order in the Middle East

As the Middle East’s energy landscape undergoes a violent realignment, the repercussions are not confined to the Gulf region but are rapidly spreading to the European market (published in Naftemporiki, March 28, 2026).

The resilience of the energy market in the midst of a global crisis

On March 21, 2026, the Naftemporiki TV program “REVIEW” hosted by journalist Irena Argyri, broadcast an interview on the European energy fragility and the new energy pressure in the US.

LNG, Inflexible Market and the Challenge of Energy Transition

Public debate about the energy transition is often caught up in simplifications and impressive titles. But energy policy requires technical accuracy, realism and understanding of physical, economic and geopolitical constraints (published in Energia.gr, March 19, 2026).

When Elasticity Fails: The New Fragility of the Global Energy System

The confrontation in the Persian Gulf has not created new vulnerabilities. It has revealed the architecture of a global energy system that has been losing resilience for more than a decade (published in Modern Diplomacy, March 14, 2026).

In the News

In the ERT News Radio, on Saturday morning March 14th 2026, journalist Alfonsos Vitalis examines the consequences of the war in the Middle East through economic, political and energy perspectives.

The broader geopolitical and geo-economic implications of the conflict in the Middle East and West Asia

In Antitheseis, on the night of March 13th 2026, journalist George Sachinis leads a wide‑ranging discussion that explores the dangerous escalation unfolding across the Middle and Western East.

Ormuz face à la montée de la demande asiatique

Les guerres se jouent sur les champs de bataille, mais leurs effets se propagent bien au-delà. Le conflit opposant Israël et les États-Unis à l’Iran menace aujourd’hui l’un des points les plus sensibles de l’économie mondiale (published in Up Magazine, March 11, 2026).

The hidden truths about the energy game behind the U.S.-Israel war with Iran

In a morning discussion on Cretan Radio 98.4, we spoke about China’s growing demand and Russia’s willingness to meet part of Europe’s needs while major powers are adjusting their strategies to secure access to critical resources (released in Nea Kriti site on March 10, 2026).

1979 is rewritten in the Energy Market

Modern systems can absorb a shock, but they find it difficult to manage the simultaneous occurrence of multiple crises unfolding in regions, sectors and balance sheets, changing expectations faster than natural flows can adjust to (published in Sunday's Kontra Journal, March 8, 2026).

Ormuz in the New Era of Asian Demand

The real challenge in the Strait of Hormuz is not Iran's nuclear issue, which often monopolizes attention, but Asia's energy dependence and the growing competition between the United States and China (published in Energia.gr, March 9, 2026).

Maritime power, energy dependence, and challenges for Asia

The debate on the Strait of Hormuz requires a broader perspective. It turned into a focal point where energy flows, maritime security, and geopolitical rivalry intersect with unprecedented intensity (published in Naftemporiki, March 9, 2026).

Great fears of a new energy crisis

On March 5, 2026, the Naftemporiki TV programme MOMENTUM, presented by journalist Magy Dousi, featured an interview examining the region’s shift into a new phase of open confrontation.

Escalation and the Mechanics of a Regional Shock

Modern systems can absorb one disruption. They cannot absorb several at once. Crises now unfold simultaneously, outpacing the ability of physical flows to adjust (published in Modern Diplomacy, March 4, 2026).

Energy Crossroads: The 2030 Reality Check

The podcast examines how the global energy transition is shifting from political ambition to hard technical and industrial realities. It explores whether the world can decarbonize by 2030 without destabilizing power grids, exhausting material supply chains, or undermining economic competitiveness (released by Modern Diplomacy, March 4, 2026).

When LNG becomes a global crisis accelerator

The escalation of February 28, 2026, is not an isolated incident. It is the beginning of an upheaval that is more reminiscent of 1979 than any crisis of the last few decades, signalling a structural shift in regional power dynamics rather than a temporary flare‑up (published in Naftemporiki, March 3, 2026).

Southern Europe at a crossroads: pipelines, LNG, and the new supply architecture in the Balkans

The actual cost of the easternmost vertical gas corridor, a project often presented as a stand-alone solution but which is in fact one of the entry points to a broader trans-Balkan system, remains unofficial (published in Naftemporiki, February 27, 2026).

How Materials, Infrastructure, and Geopolitics Redefine the 2030 Energy Transition - Copy

New conductors, new storage solutions, new fuels, and updated regulatory frameworks are emerging because the previous assumptions no longer hold.(published in Modern Diplomacy February 27, 2026).

From Green Slogans to Network Physics: The Innovations Shaping the Energy System of 2030

And while the physics of the grid is the starting point, the innovations shaping the energy system of 2030 extend far beyond conductors and conductivity (published in Energia.gr, February 24, 2026).

The restructuring of the European energy system under the pressure of war

The war in Ukraine has profoundly reshaped the energy balance in Central and Eastern Europe. In a region poor in mineral resources, energy has become a strategic tool (published in Naftemporiki, February22, 2026).

Hydrocarbon exploration: What is behind the interest of the American giants

On February 21, 2026, the Naftemporiki TV program “REVIEW” hosted by journalist Irena Argyri, broadcast an interview analyzing the recent surge of interest shown by American giants in Greece’s energy market.

Offshore Exploration South of Crete: Greece Moves from Hesitation to Strategic Discipline

The recent activation of offshore exploration in the deep-water areas south of Crete, and in the southern Ionian Sea, marks a decisive turning point for Greece’s maritime and energy strategy (published in Modern Diplomacy, February 18, 2026).

Offshore Research South of Crete

The offshore plots south and west of Crete, as well as those in the southern Ionian Sea, were structured and evaluated by EDEY, the Greek Hydrocarbon Management Company, now EDEYEP, as a single geological system (published in Energia.gr, February 17, 2026).

Chevron–Helleniq Signatures for the Deep Offshore of Greece

On February 16, 2026, the ACTION 24 TV program “The Next Day” hosted by journalist Serafeim Kotrotsos, broadcast an interview analyzing the recent exploration signatures shaping the Greek energy landscape.

The Shift from Political Indecision to Strategic Discipline in Energy Fields

In a morning discussion on Cretan Radio 98.4, we spoke about a shift that is now unmistakable: Greece is finally moving from political hesitation to strategic discipline in its offshore energy policy (released in Nea Kriti site on February 16, 2026).

Europe between Nuclear Renaissance and Global Competition

Europe enters 2026 with a complex and often contradictory energy landscape. Nuclear energy remains a key pillar, but attitudes toward it have changed dramatically in two years (published in Naftemporiki, February13, 2026).

North Africa and the Eastern Mediterranean, an asymmetric energy reality for Europe

Today, the European Union's Mediterranean supply is based on three major south-north axes. These three corridors now form the backbone of the European Mediterranean gas system (published in Naftemporiki, February 1st, 2026).

What brought US LNG and Russian gas prices together

American LNG and Russian pipeline gas now cost almost the same because the global gas market shifted sharply after 2022. Two previously different cost systems converged, not due to cheaper LNG or pricier Russian gas, but because overall market conditions changed (published in Defence Point, January 31, 2026).

Heavy oil and Venezuela's new role

The industrial power that once made Venezuela indispensable has been eroded during decades of underinvestment, political turmoil, and institutional disintegration (published in Naftemporiki, January 13, 2026).

A Critical Turning Point for Underground CO₂ Storage Development in the European Union

The slow rollout of CO₂ storage capacity of Europe, especially when compared with the United States, has become a defining strategic concern for the Net Zero Industry Act (NZIA) (published in Modern Diplomacy, January 11, 2026).