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Greek Experts Indicate Possibility of Large Hydrocarbon Deposit South of Crete

A statement issued by the Hellenic (Greek) Hydrocarbon Resources Management (HHRM) department on Thursday, says that reliable research results indicates that the seabed region...

Turkey Threatens Cyprus over Hydrocarbon Exploration Bid

Turkey on Thursday threatened Cyprus after Nicosia invited international energy companies to bid on a license to explore Block 7 in the island's exclusive...

Hydrocarbon Exploration; Energy Giants to Bid for Greek Maritime Area

Multinational energy giants ExxonMobil and Total, in cooperation with Hellenic Petroleum (ELPE), will bid for 20,000 square kilometers of sea stretching from south of...

Turkey to Search for Hydrocarbons in Waters South of Cyprus

Turkey raised the issue of hydrocarbon exploitation in the Eastern Mediterranean and waters that belong to Cyprus just 24 hours before new peace talks...

Committee to Evaluate Greek Hydrocarbon Research, Exploitation Bids Set Up at Ministry

An eleven-member committee to evaluate bids for hydrocarbon research and exploitation in three areas of Greece has been set up at the Ministry of Productive Reconstruction,...