Chevron Reaffirms Strategic Interest in Greek Hydrocarbons
Chevron has reaffirmed its growing strategic interest in Greece's hydrocarbon potential, as Greek Minister of Environment and Energy Stavros Papastavrou met with senior executives from the U.S. energy giant at the company's headquarters in Houston last Thursday. The meeting comes amid a renewed push by Greece to attract foreign investment in offshore exploration, particularly in the underexplored regions south of Crete and the Peloponnese. During discussions with the Greek delegation, Clay Neff, President of Chevron International Exploration and Production, and Vice President Liz Schwarze emphasized that Greece is viewed by the company as part of its wider expansion strategy in the Eastern Mediterranean-a region where Chevron already has a strong presence through operations in Egypt, Israel, and Cyprus. Company executives outlined Chevron's long-term approach to building lasting partnerships in countries where it undertakes...
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