Chevron Corporation (CVX) Announces the Submission of Its Bid to Explore Natural Gas in Four Offshore Blocks in Greece

Chevron Corporation (NYSE:CVX) is one of the 15 Best Stocks to Invest in for Financial Stability.

Chevron Corporation (CVX) Announces the Submission of Its Bid to Explore Natural Gas in Four Offshore Blocks in Greece

On September 10, 2025, Chevron Corporation (NYSE:CVX) announced the submission of its bid to explore natural gas in four offshore blocks in Greece, in partnership with Hellenic Energy.

Chevron Corporation (NYSE:CVX)’s bid targets areas off the Peloponnese peninsula and Crete. Earlier this year, Greece launched the tender, seeking to reduce reliance on Russian energy while boosting domestic production. The company emphasized the Eastern Mediterranean as a priority region for its future strategy. Furthermore, the move aligns with rising expectations of significant gas reserves in Greek waters, following major discoveries in neighboring Egypt and ongoing seismic studies by an ExxonMobil-led consortium near Crete.

Chevron Corporation (NYSE:CVX), one of the world’s leading energy companies, delivers oil, natural gas, and low-carbon solutions to advance affordable, reliable, and ever-cleaner energy globally. It is one of the Best Stocks To Buy.

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