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Thursday
30
Jul 2026
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> Natural Gas

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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

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

The new natural gas reservoir Cronos 2 in Cyprus is considered of exceptional quality & exploitable

Cronos represents the third discovery of a natural gas reservoir in Block 6 of the Cypriot EEZ, along with Calypso (2018) and Zeus (2022)

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