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Greece: ExxonMobil and Helleniq Energy advance seismic research off Crete for gas exploration

A consortium of ExxonMobil and Helleniq Energy has launched the second phase of seismic research at a gas exploration block off the coast of...

Greece: Exxon Mobil begins seismic studies of gas reserves 

Greek Prime Minister Kyriakos Mitsotakis announced that Exxon Mobil will begin seismic surveys in two blocks southwest of the Peloponnese peninsula as well as...

Greece: Crete seismic survey results to be published in March

Initial results of 2D seismic surveys conducted by the ExxonMobil-Helleniq Energy consortium at plots off Crete are expected in March when the consortium plans...

Greece: Offshore Crete drilling decision in 2024

ExxonMobil and Helleniq Energy, the holders of offshore licenses west and southwest of Crete, are awaiting the results of seismic surveys completed by Norwegian...

Romania: DNA examines Romgaz’s takeover of ExxonMobil’s stake in Neptun Deep project

Prosecutors of the Romanian National Anticorruption Directorate (DNA) requested information from state-controlled natural gas producer Romgaz on the transaction regarding the acquisition by Romgaz...

Greece, ExxonMobil could start drilling off Crete a year earlier

According to the Greek Hydrocarbon Management Company (EDEY), US giant ExxonMobil could begin drilling at its licenses offshore Crete a year earlier than planned...

Latest news

SEE power enters autumn as solar prices collapse and evening costs surge

Southeast Europe’s electricity market is entering autumn with an increasingly divided price structure, as abundant solar generation pushes daytime prices toward zero while evening...

SEE gas heads into autumn above €70/MWh as LNG shock tightens market

Southeast Europe’s gas market is entering autumn under renewed price pressure, with European benchmark prices moving above €70/MWh after a strong summer rally driven...

Market News Roundup CW36

Between August 31, 2026 and September 6, 2026, 75 articles were published. ...

SEE power swings from €200/MWh scarcity to zero-price solar surplus in CW36

Southeast European power markets swung from near €200/MWh midweek to zero and negative prices during Sunday’s solar peak, while evening electricity still climbed above...

Solar surge drives SEE power prices to zero before €225/MWh evening rebound

Day-ahead electricity prices across much of Central and Southeast Europe fell to zero or negative levels during Sunday’s solar peak before rebounding above €225/MWh...