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oil and Gas

PM Mitsotakis Meets with US Energy Secretary on Greece — US Cooperation

The spheres of Greece-US energy cooperation and US investments in Greece dominated a meeting of Greek Prime Minister Kyriakos Mitsotakis and US Secretary of Energy Dan Brouillette in Athens on Thursday. Meeting for the first time, at the Greek Prime Minister's...

State Department Warns Ankara to Stop Drilling in Cypriot EEZ

  The US State Department issued a new call for Turkey to cease its actions in response to that country's recent Navtex blocking off an area of the sea atop Cyprus' continental shelf from August 18 to September 15. In response...

State Department Says US “Deeply Concerned” About Turkey’s “Provocative Actions”

In a statement released on Monday, the US State Department voiced its condemnation of Turkey's most recent actions in the Eastern Mediterranean as it sent the vessel Oruc Reis to probe for oil and gas just to the south...

Greek Foreign Ministry Calls on Turkey to Stop Illegal Oil Explorations

The Greek Foreign Ministry on Monday sent a clear message that the country will defend its sovereignty and national rights, formally calling on Turkey to immediately end the illegal oil and gas drilling activities which undermine the peace and...

Erdogan Reportedly Tells German Chancellor Merkel “We Are Starting Drilling”

Responding to Thursday's signing of a maritime agreement between Greece and Egypt delineating the EEZ's of each nation, Turkish President Recep Tayyip Erdogan is reported to have told German Chancellor Angela Merkel that his nation would again recommence drilling...

WWF's Ship "Blue Panda" Touring Ionian Sea to Promote Environmental Awareness

The World Wildlife Fund's (WWF) ship named the "Blue Panda" began a tour of the Ionian islands in Greece on July 21, to promote awareness of the diversity of marine wildlife in the Mediterranean and to inform the public...

International Interest in Gas and Oil Tenders in Greece

Tenders for offshore oil and gas exploration and exploitation west and south of Greece have attracted “strong interest” from companies exploring in the Mediterranean, the head of Greece’s oil and gas resources management company announced on Wednesday. Greece launched the...

Energean Secures Gas Contracts for Israel Offshore Fields

Greek oil producer Energean has exceeded its target for gas sales contracts needed, before it proceeds with plans to tap two gas fields off Israel's coast, according to market sources. Energean bought the Karish and Tanin fields, located in deep...

Turkey Searches for Oil on Greek Continental Shelf

Tension amidst countries of the Eastern Mediterranean seems to further escalate after Turkey’s diversion tactic of proceeding with the drilling of possible exploitable oil reserves in the maritime area south of the island of Kastelorizo. Yesterday afternoon, the Turkish government...

Tension Escalates Between Turkey and Israel Over Cyprus Block 12

Turkey has sent out three Navy frigates on patrol to the Eastern Mediterranean so as to secure the waters near Israel's 12-mile limit and protect “freedom of the seas”, said Turkish daily newspaper Sabah yesterday. The former allies, Turkey and...