Greece's eyes on the prize
Greece's drive to attract investment to the hydrocarbons sector is gathering momentum
Tourism and the oil industry can make strange bedfellows. But Greece wants to bring the two into close proximity, both in terms of location and economic benefits, as the government seeks to expedite oil and gas exploration to build on a fledgling recovery after the country's disastrous debt crisis. Some of its prospective hydrocarbons acreage lies adjacent to its most popular visitor destinations, notably in and around the Ionian Sea. A recent oil spill from a sunken tanker, which coated tourist beaches near Athens, was a reminder that development will need to be handled with care. But Greece needs all the investment it can get and doesn't want to rely exclusively on its dominant industry, t
Also in this section
24 March 2026
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
23 March 2026
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
23 March 2026
The Strait of Hormuz crisis highlights how key waterways can become global chokepoints
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
