Chevron Eyes Oil and Gas Exploration Offshore Greece

U.S. supermajor Chevron has expressed interest in oil and gas exploration offshore Greece, the Greek Ministry of Energy and Environment said on Monday, adding that exploration is part of the national strategy for energy independence and lower energy costs. Chevron is interested in exploring the area southwest of the Peloponnese peninsula and to the west of the island of Crete, according to the Greek ministry. Greece has been looking to boost its domestic energy supply by installing renewables and boosting offshore gas exploration after the energy…