ExxonMobil

Greece's national hydrocarbon program is entering its most critical stage, that of the decision on whether to enter drilling rigs in the sea area of Crete to confirm whether indeed the indications of potential natural gas fields are capable of making the country a producer and exporter

Indications of the existence of the largest natural gas deposit in the Mediterranean, with a size of 30 trillion cubic feet - Interest from energy giant Chevron to get involved in the project - Countdown to the start of test drilling by ExxonMobil

ExxonMobil has intensified contacts with the Greek government to ensure the smooth implementation of the program

US giant Chevron is intensifying its contacts with Helleniq Energy for an entry into the Greek hydrocarbon market that those who follow developments in the global oil scene consider only a matter of time.

The second largest natural gas producer globally is targeting the Greek energy group's portfolio in the Crete and Ionian concessions.

ExxonMobil has settled a long-running lawsuit brought by Indonesian villagers who alleged human rights violations by Indonesian military officials providing security to the oil giant.

The two sides agreed to resolve "all matters," said a joint filing from the opposing counsel that did not disclose terms of the agreement.

The Cyprus Association of Petrol and Liquid Fuels Distributors on Tuesday filed a complaint against four major fuel companies on the island: Petrolina, EKO Cyprus, Coral Energy Products Cyprus, and ExxonMobil Cyprus.

The complaint accuses these four companies of violating the country's 2022 Competition Protection Law.

Alamy Photo

The Dutch government should shut down Europe's largest gas field as early as this year, a top Shell Netherlands official has said, despite global energy uncertainties following Russia's war in Ukraine.

Alamy Photo

ExxonMobil reported record annual profits of $55.7 billion in 2022 on Jan. 31, reflecting higher commodity prices amid recovering demand and the impacts of Russia's invasion of Ukraine.

In the fourth quarter, profits rose 43.7 percent to $12.8 billion, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.

Τhe seismic data ExxonMobil's Sanco Swift research vessel has collected so far offer clear indications of the existence of an important hydrocarbon field in the area south of Crete.

Seismic data obtained so far by the Sanco Swift, the Norwegian exploration vessel leased by ExxonMobil, southwest of the island of Crete, allegedly point to the existence of large natural gas deposits in the area.