Chemical substances

Greeks are returning to gasoline-fueled cars, as data point to a rapid decline in the market share of diesel vehicles.

Cyprus signed a 25-year concession on Thursday with a three-member consortium for the exploitation of a gas reservoir southeast of the island first discovered in 2011.

The gradual distancing of Public Power Corporation (PPC) from Public Gas Corporation (DEPA), of which the power giant used to be the main client, will likely be the killing blow for the gas utility's competitiveness, just as the state is getting ready to privatize it.

The imposition of new environmental regulations for the consumption of low-sulfur fuel by oceangoing vessels has seen the liquefied natural gas (LNG) market take center stage in global shipping, with Greek shippers recently overtaking the Japanese as the top owners, after ordering a large number of vessels since 2018, according to a VesselsValue report published on Wednesday.

The price of heating oil, which will go on sale nationwide on October 15, is expected to start at 1.02 euros per liter, according to the estimates of sellers based on international oil prices and the euro/dollar exchange rate.

Istanbul residents have earned a total of 179,540 Turkish Liras ($31,781) in a year through smart recycling machines which allow residents to top up their transportation passes in return for used bottles and aluminum products.

The air in the classrooms in Bulgaria - dangerous for the health of children, data from an international school air quality survey shows. It was held in 6 European capitals, including Sofia.

The share of passenger cars with diesel engines in Bulgaria increased steadily in the first half of the year, according to the registration data of the Road Police. In just six months, the difference between the cars of the two main types of fuel decreased by 49 184 units.

Private Greek industrial group Mytilineos has overtaken incumbent DEPA to become the country's biggest LNG importer this year, the first time in history that an independent company has knocked the state-owned company from the top spot, ICIS an information platform on petrochemicals and specifically on energy issues, fertilisers and other commodities said in a report.

Greece's coastal shipping fleet is old and environmentally unsound, and needs to be replaced with the assistance of local and European Union authorities, XRTC Business Consultants says in its latest report on the sector.