Natural gas field

Greece’s energy minister held talks on Friday with representatives of U.S. oil major ExxonMobil and France’s Total about gas exploration opportunities off Greek shores, the energy ministry said.

Energy giant Qatar Petroleum is to launch a new project in the world's biggest gas field, boosting its output by up to 10 percent, it said on April 3.

The state-owned firm's chief Saad Al-Kaabi said it was ending a 12-year moratorium on new projects in the North Field, off the Gulf state's northern coast.

Cyprus's cabinet on Friday approved contracts with France's Total, Italy's Eni, Exxon Mobil and Qatar Petroleum to explore for oil and gas in offshore areas south of the island, officials said.

Ukraine to lose offshore gas fields in Black Sea

KIEV -- With the loss of Crimea, Ukraine has lost not only its naval bases in the territory, but also offshore gas fields in the Black Sea, reports said on Thursday.

These fields will now likely be taken over by Russia's oil and has giant Gazprom, AFP is reporting.