Categories: Economy

US oil producer Chevron desirous about hydrocarbons in two blocs off Crete, says Greece


ATHENS – U.S. oil producer Chevron has expressed curiosity for hydrocarbons exploration off the island of Crete within the Mediterranean Sea, the Greek power ministry mentioned on Wednesday.

Greece has accepted Chevron’s curiosity for 2 blocks south of Crete and can quickly resolve on the bloc’s coordinates and on launching a world tender, the power ministry mentioned in an announcement.

Greece has launched a young for brand new fuel exploration rights at at one other deep-sea block south of the Peloponnese peninsula following an expression of curiosity by Chevron.

(Reporting by Angeliki Koutantou; Enhancing by Tomasz Janowski)

admin

Recent Posts

COVID ZIRP Triggers ABCT in LV Industrial RE

The Zero Curiosity Fee Coverage (ZIRP) carried out by central banks throughout covid continues to…

33 minutes ago

From Oversight to Monopoly: The Rise of the Accreditation Cartel

On Might 14, 2025, the American Council for Training, backed by over 50 greater training…

43 minutes ago

Spending overview 2025: Slicing agricultural funds may very well be ‘catastrophic’ for nature, farmers and charities warn

The Nationwide Belief and RSPB have joined forces with farmers to warn the federal government…

48 minutes ago

Housing Restrictions Hit More durable Than Tariffs

  After I began to put in writing this text, I used to be able…

1 hour ago

Sizewell C: Govt commits £14.2bn to new nuclear energy station

Fifteen years after the Sizewell C nuclear energy station was proposed, the federal government will…

1 hour ago

The Language of ChatGPT

Though the English language is rising, we're witnessing a decline within the development of subtle…

2 hours ago