Three presidents and 13 years after the discovery of gas in the Aphrodite field, the government this week clinched a deal with US oil giant Chevron for the development of the ...
By Ifigenia Theodoridou
Monday will be a “historic day” for the Republic of Cyprus as two “major agreements” to commercialise natural gas in the Cyprus Exclusive Economic Zone will be ...
As the development of Cyprus gasfields gets closer, so the claims about their importance in supplying Europe’s gas needs get louder, totally oblivious to whether Europe needs such gas, ...
Cypriot natural gas will be extracted from under the sea for the first time in 2027, Energy Minister George Papanastasiou said on Monday.
Speaking to Politis radio, he said he expects ...
Natural gas agreements set to be signed between Cyprus and Egypt next month are among the most important ever signed by the island over the exploitation of natural gas fields, ...
The Kremlin said on Thursday that Russia was ready to provide gas to Moldova’s breakaway Transdniestria region, but needed logistical support from Moldova to make that happen.
Vadim Krasnoselsky, ...
Natural gas prices in Europe have been rising for most of 2024, as a result of increasing gas demand, and are still rising, especially in the aftermath of the ending of ...
Slovakia’s coalition government will discuss retaliatory measures to take against Ukraine after it halted the flow of Russian gas through its territory to Slovakia, Slovak Prime Minister Robert Fico ...
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.
...
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s Day, marking the end of decades of Moscow’s dominance over Europe’s ...
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 ...
Eni denied on Thursday that it has been engaged in any discussion for the sale of shares in Cyprus, a company spokesperson told the Cyprus Mail after the government also ...
It is clear from the spectacular failure of almost all major high profile projects this year that the whole system of tendering and awarding such projects is in disrepair and ...
Cyprus has rejected the new proposal by consortium Chevron, NewMed Energy, and BG Cyprus (Shell) to develop the ‘Aphrodite’ natural gas field in block 12 of the exclusive economic zone (EEZ), ...
The point of contention has been “overcome” regarding the development of the Aphrodite gas field off the coast of Cyprus, Energy Minister George Papanastasiou said on Wednesday.
Speaking after a ...
Authorities in Cyprus risk losing out on EU funds unless they quickly come to a final arrangement concerning the purchase and installation of smart meters, the boss at the Electricity ...
A Mexican standoff: that probably best describes the ongoing escalating dispute between the government and the Chinese-led consortium with the contract the build the liquefied natural gas (LNG) terminal. And ...
The plan to switch to gas-fired power generation seems subject to even more delays with consequent EU fines
I was in the middle of writing this article when the Auditor ...
Success was declared during drilling for natural gas in the “Kronos 2” reservoir in block six of Cyprus’ Exclusive Economic Zone (EEZ) on Friday, with the flame above the reservoir having ...
Natural gas will continue to be part of the energy mix for some time to come, giving the island breathing room to sort out the challenges it faces
COP28, the ...
The government has granted energy giants Chevron, operators of the Aphrodite gas field offshore Cyprus, an extension until the end of March 2024 to submit an ‘optimal development plan’, it emerged ...
‘It is clear that we must act urgently, decisively and collectively’
The annual UN global climate summit COP28 is taking place in Dubai this year. It started on November 30 and ...
By Nichola Groom and Valerie Volcovici
The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a ...
Energy Minister George Papanastasiou conceded on Tuesday that Cyprus cannot become an energy hub in the eastern Mediterranean, as it lacks the necessary infrastructures.
He made the remarks during the ...