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Nov 2024
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Report/ExxonMobil: In 2050 the Earth will have a population of 10 billion and oil will be necessary and more expensive

The world's second largest energy company estimates that demand for black gold will remain unchanged despite the expansion of renewables - Its nightmare predictions for black gold reserves, costs and employment

Strong indications of a large deposit southwest of Crete – The drilling rig is expected to start its work by spring

If confirmed by the ExxonMobil - Helleniq Energy consortium, it will be the largest natural gas field in the Mediterranean, 30 trillion feet, capable of generating €10 billion per year in revenues for Greece for a century

ExxonMobil defies forecasts: Expects virtually unchanged oil demand through 2050

The oil giant predicts a decline in consumption in cars, real estate and power generation, but expects growth in mass transit, trucking & chemicals

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

New Greek Navtex expands ExxonMobil’s seismic surveys south of Crete

The new navtex is for the Sanco Swift vessel carrying 12km of cables

Greek hydrocarbons: The exploratory drilling to start from Ioannina in 2023

"We are talking about economies of scale of several billions. The numbers are very large and have elements of transformation of the economy"

Seismic surveys in Crete & Peloponnese – A NAVTEX was issued for the ship “Sanco Swift”

The NAVTEX is valid from today until further notice

PM Mitsotakis: “ExxonMobil to start natural gas research in Crete and Peloponnese in the upcoming days”

The PM said the surveys would take place in the two plots located southwest of the Peloponnese and Crete

ExxonMobil extends ‘stay’ in Crete for 2 more years for oil exploration

EDEY approved the request of the American giant

Energy giant ExxonMobil prepares confirmation drilling in Cyprus

The company's Vice President said he hoped the drilling would meet the expectations of eight trillion cubic feet of gas

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