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05
Jun 2026
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From Crete to the Ionian: Why the drilling rigs of the US oil industry are changing course

Chevron’s entry into Block 10, ExxonMobil’s withdrawal from west of Crete, and the upcoming drilling in Block 2 reveal the country’s new energy map

Hydrocarbons: Α new page in Crete through Chevron – Potential resources of 200 billion cubic meters in the Ionian Sea

Domestic hydrocarbon production will make Greece a pillar of energy security for the EU

EXXON MOBIL starts drilling for natural gas in the Cypriot EEZ

The Republic of Cyprus today issued NAVTEX for the commencement of drilling in Block 5

Cyprus: The government declines the proposal put forward by the consortium led by Chevron

The Ministry of Energy has set a six-month deadline for the Chevron-led consortium to present a revised proposal regarding the production strategy for the Aphrodite field

Deputy Minister of Energy: “I want to believe that in 2026 the first hydrocarbon drillings will take place in Greece”

According to Deputy Minister Alexandra Sdoukou seismic surveys in the licensed areas were completed by 2023 and now their analysis is underway

The drilling rig sets to work on the deposits of Crete

Indications of the existence of the largest natural gas deposit in the Mediterranean, with a size of 30 trillion cubic feet - Interest from energy giant Chevron to get involved in the project - Countdown to the start of test drilling by ExxonMobil

Drilling in Crete by ExxonMobil: Geopolitical developments & economic data

ExxonMobil has intensified contacts with the Greek government to ensure the smooth implementation of the program

Gas flaring carried out at “Cronos 2” target in Cyprus’ EEZ

"...the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism"

Israel’s NewMed Energy and partners begin drilling at Aphrodite gas field off Cyprus

Energy companies with stake in field, including Chevron and Shell, look to appraise well to confirm estimates on size and scope of the gas deposit

Chevron seeks drilling ship to expand East Med gas search

Chevron tenders for drilling vessel in Cyprus, Egypt, Israel

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