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New step for hydrocarbon exploration in the Ionian Sea: US Chevron enters Block 10 with 70% stake
“The Greece is continuously strengthening its position on the energy map of the Eastern Mediterranean,” said Energy Minister Stavros Papastavrou in a statement
Helleniq Energy: No shortages of aviation fuel expected, even at the peak of the summer season
In a written statement to Bloomberg, the company said it has surplus production of diesel, gasoline, naphtha, and jet fuel, while demand is being fully covered and reserves are being increased for additional security.
Greece signs agreements with Chevron for Hydrocarbons in Crete and the Peloponnese in the presence of Mitsotakis
The four concession contracts for offshore blocks were signed at the Maximos Mansion – The agreements open a new chapter in the development of domestic hydrocarbons
The secrets of Block 2 in the Ionian Sea – The importance of the ExxonMobil, Energean and Helleniq Energy agreement for natural gas
Block 2 is located 30 km west of Corfu – the exploratory drilling is expected at the end of 2026 or the beginning of 2027 – the first concession was in 2018 and the 3D data in 2021
Ministry of Environment and Energy: Announcement of the signing for the offshore blocks south of Crete and the Peloponnese
Preferred investors: the consortia of Chevron – Helleniq Energy groups
Goldman Sachs: Strong third quarter for Motor Oil and Helleniq Energy – More challenging years ahead
The international house stresses that the positive momentum is unlikely to continue with the same intensity in the coming years - Target price 6.6 euros for HELLENiQ ENERGY and 28 euros for Motor Oil
