Petroleum geology
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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Energean starts seismic surveys for natural gas in Greece’s “block 2”
After the Athens-Rome agreement on the continental shelf signed two years ago, seismic surveys will begin in the marine "block 2" - Ionian Sea - to identify potential hydrocarbon targets.
Hydrocarbon Task Force ready to begin work
Two months ago Prime Minister Kyriakos Mitsotakis visited the offices of the Hellenic Hydrocarbon Management Company and officially announced the government's strategic plan to speed up the processes of exploitation of natural gas deposits.
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Hydrocarbons: New seismic surveys in the Ionian and Crete
New seismic surveys are coming to offshore blocks that have been granted by the Greek state to oil companies to locate possible natural gas deposits.