Exxon & Chevron – Their Presence in Greece and the Background of Their Rivalry
The presence of the two major American companies, Exxon Mobil and Chevron, aside from its clear geopolitical implications, also showcases signs of commercial competition. This is significant for Greece, which is positioned on the opposite side of the median line with Libya. The Eastern Mediterranean is slowly becoming a center of collaborations but also rivalries, focusing on presence, portfolios of future projects that factor into balance sheets, and the swift exploitation of hydrocarbons.