CY gets involved in oil and gas operations
CYPRUS Airways (CY) has signed a strategic agreement with PHI Air Europe, a leading company in the provision of helicopter support to offshore oil and...
Energy
Next six to 12 months critical for Cyprus hydrocarbons industry
By Angelos Anastasiou NEGOTIATIONS between state hydrocarbons agency EYK and Noble-Avner over the prospect of channelling natural gas from Israel’s Leviathan reserve to Cyprus to...
Cyprus aims at deepening relations with US
The government of Cyprus is aiming at deepening its strategic partnership with the United States to secure its support for the island’s energy designs, Energy...
‘Pivotal that more gas is discovered in EEZ’
By Staff Reporter THE expression of intent by Israeli companies to give natural gas to Egypt does not affect Cyprus` strategic plans, and were expected,...
EEZ defence spending purely about commissions
By Loucas Charalambous AT THE end of May last year, the then defence minister Fotis Fotiou leaked information that the government planned to buy two...
Shale gas and the future of energy
By Abboud Zahr THE UNITED States of America is experiencing a revolution in gas production which is known as shale gas. For the past three...
House ratifies deal with Israel on info sharing
Parliament on Thursday ratified an inter-state agreement between Cyprus and Israel on the sharing and non-disclosure of confidential information on hydrocarbons discovered in offshore block...
Cyprus –based oil firm sues Greek government
By Elias Hazou A CYPRUS-BASED oil and gas exploration and production company is taking the Greek government to court after failing in its bid to...
China Oil in talks to buy part of Aphrodite field (updated)
By Elias Hazou Energy giant China National Offshore Oil Corp. (CNOOC) is reportedly in talks to buy 30 to 40 per cent of the Aphrodite...
€45m to upgrade energy efficiency
By Staff Reporter A new scheme aimed at funding energy upgrades to existing buildings is being prepared by the energy ministry. A total of €45m...
Gas group to drill at least four wells (updated)
By Elias Hazou AN ITALIAN-KOREAN consortium with licences in Cypriot offshore blocs plans to drill “at least four” exploratory wells, energy minister Giorgos Lakkotrypis said...
Bulgaria and Cyprus discuss enhanced energy cooperation
BULGARIA and Cyprus are discussing ways to enhance cooperation in the energy sector, Foreign Minister Ioannis Kasoulides said on Monday after a meeting with his...
Gas bids pass muster
By Staff Reporter THE NATURAL Gas Public Company (DEFA) said yesterday that all four bids for the supply of natural gas have passed muster so...
Energy minister met ENI officials
ENERGY Minister Giorgos Lakkotrypis has discussed the way forward on hydryocarbons exploration in Cyprus’ Exclusive Economic Zone with three of ENI’s vice chairmen who were...
Gas-fuelled cars by 2015
By Sinead Kelly PROPANE gas-powered vehicles will be legally available by early 2015, deputies at the House Commerce Committee heard yesterday. According to committee chairman,...
DEFA reviewing final bids for natural gas supply
By Elias Hazou THE Natural Gas Public Company (DEFA) has begun its final phase of assessing the technical tenders for the supply of natural gas,...
Offshore drilling to start sooner
Exploratory drilling offshore Cyprus is expected to begin sooner than originally scheduled as more natural gas reserves had to be found before proceeding with plans...
Turkish Cypriots say gas find could be obstacle
The Turkish Cypriot chief negotiator on Wednesday played down the prospect of a quick solution in the Cyprus peace talks with his Greek rivals, warning that...
Biden visit sends energy message ‘loud and clear’
By Stefanos Evripidou U.S. Vice President Joe Biden’s visit to Cyprus sent “loud” messages to the rest of the world that Cyprus can provide an...
Noble revises plans for LNG
By Elias Hazou THE TERMINATION of a non-binding preliminary agreement with Australia’s Woodside Petroleum regarding the latter’s acquisition of a stake in the Leviathan licences...
