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Apr 2025
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Eurostat: 67% increase in the price of olive oil in Greece in one year

The highest increase was recorded in Portugal at +69% compared to January 2023, followed by Greece (+67%) and Spain (+63%)

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)

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"

Sakellaropoulos Organic Farms: At the top of the world for 2023

The distinctions in the top positions of the EVOOWR 2023 constitute a major reward for a Greek olive producer & for Greece that is highlighted in the global olive growing map

Oil prices sink 4% on “demand destruction” worries, weak China exports

The slide came amid data out of China which showed exports fell 6.4% year over year in October, while imports rose 3%. China is the world's largest oil consumer

Biden sold off nearly half the US oil reserve: Is it ready for a crisis?

Biden tapped the SPR last year when Russia’s invasion of Ukraine sent oil prices soaring. Now Republicans blame him for putting the nation’s energy security at risk

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

Japan breaks ranks from West and buys Russian oil over the $60-a-barrel cap

An exception authorized by the United States

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