Risk of Greek blackouts increases as traders cut or halt power supplies

Power traders in at least four countries have reduced or halted electricity exports to Greece due to non-payments, helping to force market prices sharply higher in a potential blow to struggling industries and raising the risk of blackouts during the tourist season.

Oil prices slide as Greece optimism fades

(Reuters) - Oil prices fell towards $96 a barrel on Monday, erasing early gains after a pro-bailout vote in Greece failed to ease concerns about the euro zone while analysts said oversupplied crude markets would cope with any loss of Iranian oil.

Expert: Greece in better pipeline position

ATHENS, Greece, Aug. 22 (UPI) -- Greece's move to privatize its incumbent natural gas distributor could help it gain leverage in still-fluid southern energy corridor plans, a U.S. expert says.

Alexandros Petersen, an adviser to the European Energy Security Initiative at the Woodrow Wilson International Center for Scholars in Washington, wrote Saturday in the Athens daily I Kathimerini that, until now, Greece, though its state-owned gas company DEPA, was committed to the proposed Interconnector Greece-Italy pipeline -- one of three southern corridor pipelines on the drawing board.