Greece

The American Energy Company Exxon Mobil announced on Thursday afternoon that after a series of exploratory drillings, they have discovered large quantities of natural gas off the coast of Cyprus. The discovery was made at the well named ''Glaucus 1,''...

Exxon Mobil’s Ocean Investigator research vessel has sailed from the port of Limassol into block 10 of Cyprus’ Exclusive Economic Zone (EEZ) to carry out hydrocarbon explorations for the U.S. oil giant. Reports earlier in March that U.S. naval forces had...

Greek Premier Alexis Tsipras announced on Friday that the Greek government and the American Energy giant ExxonMobil will sign an agreement regarding energy exploration and drilling next week. Speaking to journalists in Brussels following the two-day European Council Summit, Tsipras...

The Cyprus government announced Friday that ExxonMobil has started drilling at an offshore oilfield inside the island’s exclusive economic zone. Energy Minister Giorgos Lakkotrypis made the announcement in Nicosia during a meeting with US Assistant Secretary of State for Energy...

A drilling vessel leased by ExxonMobil has arrived in Cyprus' offshore block 10 and is preparing to drill into the seabed soon, the country's energy minister announced on Monday. Giorgos Lakkotrypis said that the Stena Icemax vessel had arrived on schedule at...

A drillship leased by ExxonMobil continues its journey through the Mediterranean towards Cyprus, where it is expected to arrive on November 12. The Stena IceMax ship has passed the southern coast of Spain, as Turkey was again warning that it...

Energy giant ExxonMobil plans to carry out an exploratory drill at a prospect off Cyprus sometime in the fourth quarter, a senior official said on Friday, after a meeting with President Nicos Anastasiades. “We discussed our plans for the drilling...

A survey ship sailed into the Cypriot port of Limassol to start preparatory work for an ExxonMobil-Qatar Petroleum natural gas exploratory drilling in Cyprus' exclusive economic Zone (EEZ). Cyprus' Energy Minister Yiorgos Lakkotrypis said the ship "will carry out an...

US Energy giant ExxonMobil announced on Wednesday it will carry out two exploratory drillings in block 10 of Cyprus’ Exclusive Economic Zone (EEZ) in the second half of 2018. ExxonMobil and Qatar Petroleum (QP) acquired an exploration concession for block...

The Cyprus government and the consortium of companies ExxonMobil Corporation and Qatar Petroleum signed on Wednesday the exploration and production sharing contract for Block 10 of the Exclusive Economic Zone of the Republic of Cyprus. The contracts were signed in...

A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off Greece, the energy ministry said on Tuesday. The consortium will explore two sites off the western...

Natural gas has always been a valuable commodity in Europe and is becoming even rarer now, but what is the reason for this? What is behind this is elevated prices due to the interruption in supply caused by Russia’s...

Geological surveys of the sea area south of Crete have indicated that up to 10 trillion cubic feet of natural gas could be hidden under the sea bed, according to a report in the Greek daily Ta Nea on...

*This editorial was originally published in Greek in Hellas Journal  by Michail Ignatiou The international community, with the United States in the lead, is taking action to persuade Turkey to stop its "war games" in the East Mediterranean and its unprecedented bullying...

Greek and Cypriot media reported on Thursday an initial failure in Exxon Mobil's campaign to discover natural gas in the area dubbed ''Delfini'', in Block 10 of the Cypriot Exclusive Economic Zone (EEZ). According to a statement made by Cyprus'...