Kimberly Guilfoyle praises Greece's strategic position in energy transport and its rising influence in the global energy market during key LNG and hydrocarbon deals.

Energy, diplomacy and sovereign rights: Greece–Chevron are changing the balance in the Eastern Mediterranean

The U.S. oil major will sign four hydrocarbon exploration concessions in Athens, deepening American involvement in Greece’s energy sector and linking offshore ambitions to broader LNG and geopolitical strategy

Greece advances an offshore exploration partnership with Chevron while negotiating a long-term LNG supply deal, as U.S.-hosted talks on the Vertical Corridor

The agreement between state-run TPAO and Chevron focuses on joint oil and natural gas exploration and production in Turkey and internationally, as Ankara seeks to expand its energy footprint and strengthen strategic partnerships

According to sources, senior executives from U.S. energy giant Chevron are expected in Athens by February 20 to sign concession agreements with the Greek state.

Greek and U.S. officials used the Athens Energy Summit to announce late-February talks in Washington, defend the strategic case for the Vertical Corridor, and outline gas, LNG, and offshore exploration plans amid weak market uptake and regulatory hurdles

The greek Minister of Environment and Energy met Eric Trump in Saudi Arabia to present investment opportunities in Greek real estate for the Trump Organization held, as Athens attempts to deepen U.S. investment ties following a Chevron energy deal

In a TV interview after a Riyadh visit, Greece’s energy minister outlined three strategic connectivity projects with Saudi Arabia, framed within EU energy policy, maritime decarbonization talks, and efforts to curb household power costs.

Industry estimates indicate that Chevron is expected to begin initial seismic surveys in these offshore blocks in 2026.

From offshore gas exploration to long-term U.S. LNG deals, 2026 marks a turning point as Greece begins to see results from major energy agreements signed over the past two years

November witnessed two major energy-related agreements finalized and signed in Athens, with the first foreseeing the import of American LNG to at least a couple of terminals in Greece for subsequent regasification and transport – by pipelines – to other countries in southeast and eastern Europe, including for the all-important Ukraine market

HELLENiQ Energy CEO Andreas Shiamishis says Greece is emerging as a key Southeast European hub for LNG, refined fuels and future green-power exports, as policymakers and U.S. officials highlight the country’s growing role in regional energy stability

Preliminary studies by HEREMA estimate potential natural gas reserves of around 680 billion cubic meters.

“With regard to Chevron, we have nothing to discuss with Turkey, as the Prime Minister made very clear in his interview with the Wall Street Journal," stressed Greece’s Environment and Energy Minister.

Greek Prime Minister Kyriakos Mitsotakis told the Wall Street Journal that Athens has nothing to discuss with Ankara regarding Chevron’s energy projects south of Crete, while stressing Greece’s economic recovery and strong ties with the U.S

Greek PM Kyriakos Mitsotakis receiving visiting US Secretary of the Interior Douglas Burgum ahead of the expected opening of bids for hydrocarbon exploration in blocks south of Crete

Greece views Chevron’s bid for exploration rights south of Crete as a sign of U.S. trust and a possible step toward de facto maritime delimitation with Libya

Chevron and HelleniQ Energy have jointly submitted a formal bid to acquire four offshore blocks south of Crete and the Peloponnese.

Confirmation that Chevron, the U.S. energy giant, has submitted a binding bid would mark a significant success.