Greece teams with ExxonMobil for Mediterranean gas exploration despite climate concerns

A bold energy move or a climate setback? Greece’s gas deal with ExxonMobil tests global resolve on fossil fuels as leaders debate solutions at COP30.

, and Administrator

2025 November 8 . 1:13 AM

1 min read

In the picture we can find some plants, sky, some dry grass, some twigs, and the bottle is kept on... — In the picture we can find some plants, sky, some dry grass, some twigs, and the bottle is kept on the twig. And we can also find some rocks, mud and stones.

Greece teams with ExxonMobil for Mediterranean gas exploration despite climate concerns

Greece has announced plans to explore for natural gas in the Mediterranean Sea, northwest of the island of Corfu. The project, set to begin late next year or early 2027, is a joint venture with U.S. oil company ExxonMobil. This news comes amidst global efforts to tackle climate change, with world leaders gathering at the COP30 summit in Brazil.

Greece's decision to halt action on shipping emissions earlier this year had been a topic of interest. The country, along with Cyprus, was the only EU nation to vote for a one-year pause on a historic effort to tax climate pollution from shipping. This move was seen as a victory for the U.S., which had been pushing to boost its fossil fuel industry's global dominance.

U.S. Interior Secretary Doug Burgum praised Greek Prime Minister Kyriakos Mitsotakis, describing him as a leader who 'bucks the trend' in energy policy. Despite international pressure to reduce fossil fuel exploration, Greece has pressed ahead with its plans.

Greece's natural gas exploration project with ExxonMobil is expected to commence late next year or early 2027. This decision, made amidst global climate talks, has drawn attention to the country's stance on climate change and its alignment with U.S. energy policy.