oil reserves
Business
60 Million Barrels of Oil to be Released from Strategic Reserves
The US and 30 other countries around the world committed to release 60 million barrels of oil from the strategic reserve on Tuesday in a bid to stabilize global energy markets after the Russian invasion of Ukraine.
The members of...
Business
BP Buys Greek Oil Reserves
The agreement for the purchase of the Prinos oil field reserves was signed on Monday afternoon at the Greek Ministry of Environment, Energy and Climate Change, between Energean Oil, the Greek company exploiting the reserves and British multinational BP Oil...
Energy
Hydrocarbon Reserves in Greek Waters
The Norwegian seismic surveys in the waters of the Ionian islands and Crete showed that these areas are rich in oil and natural gas. The results were confirmed yesterday by the Ministry of Environment, Energy & Climate Change stating...