financetom
Business
financetom
/
Business
/
Chevron Indicates Interest in Hydrocarbon Exploration in Southern Crete, Greek Energy Ministry Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Chevron Indicates Interest in Hydrocarbon Exploration in Southern Crete, Greek Energy Ministry Says
Mar 26, 2025 5:31 AM

08:04 AM EDT, 03/26/2025 (MT Newswires) -- Chevron ( CVX ) has indicated interest in exploring hydrocarbon at two more offshore blocks off the Greek island of Crete, Greece's Minister of Environment and Energy Stavros Papastavrou said Wednesday.

The ministry accepted the energy giant's expression of interest for the South Crete I and South Crete II areas, it said, adding that it will issue a decision about the acceptance of the interest and further details about the exploration area.

A Chevron ( CVX ) spokesperson confirmed to MT Newswires in an email that the company has "submitted a non-binding expression of interest to Greece's Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) for 3 open blocks."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Metro Bank says it is in talks on potential mortgage portfolio sale
Metro Bank says it is in talks on potential mortgage portfolio sale
Jul 8, 2024
(Reuters) - British lender Metro Bank said on Monday it was in talks about a potential disposal of residential mortgage loans worth billions of pounds. The size of the portfolio, which is yet to be finalised, could be closer to 4 billion pounds ($5.13 billion) than 3 billion pounds, Sky News said, which first reported on the development. ($1 =...
Update: Bravo Mining Reports Latest Assays from Luanga Project in Brazil
Update: Bravo Mining Reports Latest Assays from Luanga Project in Brazil
Jul 8, 2024
11:32 AM EDT, 07/08/2024 (MT Newswires) -- Bravo Mining ( BRVMF ) on Monday reported assay results from the Luanga project in Brazil. Results from the T5 target including 5.2 meters at 3.1% copper and 1.1 grams per tonne (g/t) gold. The company also intersected massive sulfide mineralization at the T11 target spanning 224.1 meters to 224.4 meters downhole. The...
Elliott Receives Strong Support for Southwest Airlines' Leadership Change
Elliott Receives Strong Support for Southwest Airlines' Leadership Change
Jul 8, 2024
11:37 AM EDT, 07/08/2024 (MT Newswires) -- Elliott Investment Management said Monday it received overwhelmingly supportive feedback from shareholders following their call for leadership change at Southwest Airlines ( LUV ) . The feedback is consistent with Elliott's perspective that Southwest's ( LUV ) performance is unacceptable and leadership change is required to restore the airline's competitive position, the firm...
Li-Metal CEO Resigns, Interim Replacement Named
Li-Metal CEO Resigns, Interim Replacement Named
Jul 8, 2024
11:36 AM EDT, 07/08/2024 (MT Newswires) -- Li-Metal ( LIMFF ) said Monday Srini Godavarthy resigned as chief executive officer. Godavarthy has also resigned from the company's board. No explanation for the departure was offered. Keshav Kochhar, the company's chief operating officer, will assume the CEO role on an interim basis. The company's shares were last seen down $0.005 to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved