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 ...
Rejecting Turkey’s energy proposals is not enough. Cyprus should also be ready with counter-proposals that could contribute to reviving and speeding-up the Cyprus talks
By Dr Charles Ellinas and ...
Israel’s Newmed Energy LP announced on Wednesday that the final decisions regarding the development of the ‘Aphrodite’ gas field will be made on November 20.
The company also said that ...
Chevron’s director of exploration and production for the Middle East, Africa and South America, Clay Neff, will be in Cyprus on Friday for a slew of meetings with the ...
The future of Cyprus’ gas beset by war, COP28 and tough negotiations with Chevron
In our region the Israel-Hamas war overshadows most other issues. Right now, it is characterised by ...
Italy’s Eni ENI.SPA was the big winner in an Egyptian auction for oil and gas exploration rights on Tuesday, securing concessions for two of the four blocks outright, ...
The government has rejected the latest proposal on developing the Aphrodite gas play as it tilts the scales in favour of the companies holding the concession while at the same ...
Cyprus rejected Chevron Corp’s plan to develop the island nation’s offshore Aphrodite natural gas field, Bloomberg News reported on Friday, citing Energy Minister Giorgos Papanastasiou.
Papanastasiou told Bloomberg ...
Positive news is expected from the findings of the third drill in the Aphrodite natural gas field in Cyprus’ exclusive economic zone (EEZ), to test the quality and quantity of ...
Cyprus wants shorter gas pipeline to Israel
By Michele Kambas
Cyprus hopes to develop plans for a pipeline linking it to Israel’s east Mediterranean gas fields during talks which ...
Israel, due to estimated shortfalls in domestic electricity production in the coming years, is keen on seeing the creation of the electricity interconnector with Cyprus, Energy Minister George Papanastasiou said ...