Petroleum geology
ExxonMobil expands survey
ExxonMobil is taking to a more advanced stage of maturity the project of exploring the Greek concessions for the two areas west and southwest of Crete in its joint venture with Helleniq Energy.
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Libya: A Norwegian ship was exploring for natural gas south of Crete - Letter to the Greek ambassador
Ramform Hyperion conducted 3D seismic surveys in a Greek plot of land where interesting gas deposits are suspected to exist
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
Key moment for blocks off Crete
Decision time has come for the hydrocarbon survey program off Crete by the joint venture of ExxonMobil (70%) with Helleniq Energy (30%), which must decide whether it will conduct an exploration drilling.
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Canada provides new loan guarantees for disputed pipeline
The Canadian government has guaranteed billions in new commercial loans to finance the controversial Trans Mountain pipeline project amid growing concerns of huge cost overruns.
The government nationalized the project, running from Alberta province to the Pacific coast, in 2018.
Fresh seismic data to be available from late 2023
The first solid data from seismic research conducted in the Ionian Sea and the sea region west-southwest of Crete will be available by the end of 2023 and this data will be the basis on which a decision on whether to carry out exploratory drilling will be made, hydrocarbon industry sources said on Monday.
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Seismic research data from Ionian and Crete to be available by end-2023
The first reliable findings from seismic research in the Ionian Sea and an area west-southwest off the coast of Crete will be available by the end of 2023 and this data will determine whether exploratory drilling will be carried out, hydrocarbon industry sources said on Monday.
Facts about Crude Oil that Every Trader Should Know
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Assessment of natural gas reserves by year end, PM says
Greece's hydrocarbon exploration southwest of the Peloponnese peninsula and south of Crete island is proceeding without delays, Prime Minister Kyriakos Mitsotakis told a press briefing on the economy Monday, adding that an assessment of the natural gas potential is expected by the end of 2023.
He said that no further blocks are under consideration for hydrocarbon exploration.
A New Turmoil for the Russian Oil?
Is the market going to be ultimately responsible for crushing the Putin regime through a drastic drop in the price of Russian oil, compared to attempts to limit the price at the international and individual national levels?
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