Chevron explores new offshore areas in Greece, doubling the exploration zone to 47,000 sq km.

Chevron, a major U.S. energy company, has shown interest in exploring for hydrocarbons in two new offshore blocks south of Crete, Greece. The move doubles Greece’s exploration area to 47,000 square kilometers, reflecting growing international interest in the region. Greece aims to boost its domestic energy supply and reduce dependence on Russian gas, aligning with the EU’s broader goals.