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Tuesday
10
Nov 2026
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Three oil tankers engulfed in flames after striking mines in Strait of Hormuz, Iran claims

Iran's Revolutionary Guards say the vessels ignored warnings and sailed along an unauthorised route with their radar and navigation systems switched off – Tehran also claims to have seized a US reconnaissance drone

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

New chapter in hydrocarbon exploration: Signatures to be put tomorrow for drilling in Block 2 of the Ionian Sea

After nearly 50 years, Greece is moving forward with a new exploratory drilling in the Northwestern Ionian, using the state-of-the-art drillship Stena DrillMAX and the partnership of ExxonMobil – Energean – HELLENiQ Energy and Stena Drilling

Signatures with Chevron for Hydrocarbon exploration in Crete and the Peloponnese on February 16

The agreements concern four offshore blocks with high geological interest. Parliamentary ratification will follow, with seismic surveys expected to begin in 2026

The geopolitical significance of Chevron’s participation in hydrocarbon exploration and the next steps of the major tender

The American energy giant enters the Greek upstream sector with a strong presence – acquiring 70% in a joint venture with Helleniq Energy

The exploration process for hydrocarbons south of the Peloponnese and west of Crete officially begins

The Ministry of Environment has accepted the proposal of the Hellenic Hydrocarbon and Energy Resources Management Company for the start of the licensing process - After the publication in the Government Gazette, the tender officially begins

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