#ExxonMobil

President Nikos Christodoulides called for the “development” of the natural gas located under the seabed off the coast of Cyprus “as soon as possible” when he met American multinational oil ...

The Commerciality Declaration for Cyprus’ Glaucus and Pegasus gas discoveries made this week marks an important milestone – not only for the island, but also for ExxonMobil’s wider Eastern Mediterranean ...

Energy expert Dr Charles Ellinas on Wednesday warned that the Cypriot government is likely offering “continuous concessions” to multinational energy corporations so as to persuade them to drill for natural ...

Plans for further natural gas drilling in Cyprus’ gas-bearing blocks 5 and 10, as well as the prospect of expanding cooperation with US energy giant ExxonMobil, were discussed at the Presidential Palace ...

The good news President Nikos Christodoulides had arranged to announce on Thursday evening after the scheduled meeting in New York with the Vice President of ExxonMobil, John Ardill, was overshadowed ...

Cyprus has found “sizeable quantities” of natural gas in blocks Pegasus and Glaucus, Energy Minister George Papanastasiou told the Cyprus Mail on Friday, following an earlier announcement by the president ...

The Commission for the Protection of Competition (CPC) announced on Thursday it has launched a probe into practices distorting competition relating to the acquisition of ExxonMobil’s share capital by ...

Pegasus lived up to his name and delivered for ExxonMobil. It “gushed forth” gas from the depths of block 10. Pegasus’s name comes from the Greek word “pêgê,” meaning “...

Drilling at the Pegasus-1 well has detected a 350-metre column of natural gas, the government announced on Monday, giving no more clues about the significance of the find – but separately ...

Drilling at the Elektra-1 well offshore Cyprus has found natural gas but not in marketable quantities, the energy ministry stated on Monday. “Well data and preliminary evaluation work indicate the ...

Cyprus is waiting for an official update on Monday after disappointing news from a major offshore drilling project. The drilling at the “Electra” target in block 5 of the island’s ...

In an article in MEES, Peter Stevenson reveals that ExxonMobil’s Electra well in block 5 was unsuccessful. It encountered gas, but not in commercial quantities. There were high expectations that ...

President Nikos Christodoulides and American multinational corporation ExxonMobil’s vice president for global exploration John Ardill on Sunday met to discuss the next steps regarding the drilling for natural gas ...

U.S. Secretary of State Marco Rubio warned Venezuela on Thursday that it would be “a very bad day” for the South American country if it were to attack its ...

The utilisation of liquefied natural gas (LNG) brought onshore at Vasiliko could reduce electricity bills by as much as 35 or 40 per cent, energy expert Dr Charles Ellinas said on Thursday. ...

The north’s ‘foreign ministry’ on Saturday reacted with upset over the Republic’s stated plans to recommence drilling for natural gas in the seas off the coast of Cyprus ...

ExxonMobil’s drilling rig will start drilling in mid-January at the ‘Electra’ target, located in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ), for approximately one month, Energy Minister George Papanastasiou ...

Energy Minister George Papanastasiou on Friday expressed his hope that American multinational oil and gas corporation ExxonMobil’s decision to begin drilling for natural gas in block 5 of Cyprus’ Exclusive ...

ExxonMobil will drill a well offshore Cyprus in January in its pursuit of natural gas, a senior executive said on Thursday at an energy and geopolitics event in Nicosia. “We’...

American multinational oil and gas corporation ExxonMobil will next year begin drilling for natural gas under the sea off the coast of Cyprus, Energy Minister George Papanastasiou said on Friday. ...

It has been over two-and-a-half years since ExxonMobil last drilled in Cyprus’ EEZ, but the company is about to come back. In an interview earlier this month the minister of ...

California and several environmental groups sued Exxon Mobil XOM.N on Monday and accused the oil giant of engaging in a decades-long campaign that helped fuel global plastic waste pollution. ...

Cyprus has the resources and potential to generate most of its electricity from RES Cyprus has a new president. A new era is starting and that includes energy. Many serious ...

The Republic’s natural gas exploration programme will continue without interruption, President Nicos Anastasides said Thursday, as appraisal drilling by ExxonMobil and Qatar Petroleum was underway at an offshore field ...