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Turkey opposes Greek oil exploration off Crete. Trouble for Chevron? - Economic Scenarios

Summary by Vogon Today
Turkey on Thursday sharply criticized Greece's "unilateral actions" in signing lease agreements with a Chevron-led consortium for exploration off the southern coast of Crete. “Greece’s unilateral activities with international companies in the hydrocarbon fields south of Crete do not directly affect our country’s areas of maritime jurisdiction, but constitute a violation of international law and good neighborly relations,” the Turkish Defense Min…
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5 Articles

The signing of the agreement between the Chevron – Helleniq Energy joint venture and the Greek state marks a new era for hydrocarbons in Greece, accompanied by many significant investments and the "promise"...More...

·Greece
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With Iliana Zervou & Nektaria Psaraki During the week, the Greek state and the Chevron-Hellenic Energy consortium signed agreements regarding the granting of exclusive rights to explore for and exploit hydrocarbons in maritime areas south of the Peloponnese and Crete, with celebratory headlines in the media about the successes of the Greek government and the deepening of relations with the US. In a completely opposite climate, in the 3rd TOPIC w…

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LibyaReview broke the news in on Friday, February 20, 2026.
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