Russia seizes control of Sakhalin gas project, raises stakes with West
President Vladimir Putin has raised the stakes in an economic war with the West by signing a decree to seize full control of the Sakhalin-2 gas and oil project in ...
Cyprus supports responsible East Med gas exploitation says minister
Minister of Energy, Commerce and Industry Natasa Pilides on Wednesday said that Cyprus is in favour of exploiting regional gas reserves in a sensible, effective and legal way.
“As we ...
Two possible options for the development of the Aphrodite gas field
By George Pirishis
It seems that something has started to shift in Cyprus’ Exclusive Economic Zone (EEZ) in relation to the Aphrodite block.
In last week’s meeting between the ...
High quality natural gas in Glaucus-2 but doubts over quantity (Updated)
ExxonMobil and Qatar Petroleum, consortium partners in Block 10 of Cyprus’ Exclusive Economic Zone have found “high-quality natural gas” in the ‘Glaucus-2’ appraisal well, the energy ministry said Monday.
In a ...
Natural gas is a fossil fuel, but the EU will count it as a green investment
By Shashi Kant Yadav
The European Commission has decided that power plants burning natural gas can be considered generators of green energy. This means they can count as sustainable investments ...
EU, US pledge gas cooperation as tensions rise over Ukraine 9U
The United States and the European Union pledged on Monday to work to ensure gas supplies can respond to disruptions in pipeline gas flows, as tensions rise over the massing ...
Energy minister says state will press for best terms over delayed LNG contract
The government said Monday it will use any safeguards afforded to it in the contract governing the LNG import terminal, sounding an upbeat note that any differences with the contractor ...
EU denies trying to ‘bury’ green investment plan with December 31 release
The EU’s executive on Monday rejected suggestions it waited until New Year’s Eve to publish divisive proposals to allow some natural gas and nuclear energy projects to be ...
The world does not need more oil and gas
After COP26, this year set to mark first time in history that renewable power will be the largest area of energy investment
By Charles Ellinas
The COP26 climate summit in ...
Work begins on LNG ship for Cyprus
Construction work has begun on the ship that will convert liquefied natural gas (LNG) into the fuel’s gaseous form, burned to generate electrical power at Vasilikos, an official statement ...
Technical committee on the Cyprus-Egypt joint gas pipeline project to meet mid-September
The technical committee that is working on the preparations for a joint gas pipeline project between Cyprus and Egypt will convene on September 15, the office of the Minister of Energy, ...
East Med: a hotspot of international tensions
Gas has been politicised in the region, losing sight of its commercial value
By Charles Ellinas
This was the subject of an online event organised by the International Crisis Group (...
Turkish company applies to explore for oil in east Med
Turkey’s state-owned energy company TPAO has applied for a licence to explore for crude oil in the eastern Mediterranean, the Turkish Energy Ministry said in a statement in the ...
Existential threat to natural gas in Europe
Any new gas infrastructure runs the risk of becoming a stranded asset
It is ironic that at a time when natural gas is under existential attack in Europe, high prices ...
US, China should expand cooperation on natural gas development
The United States and China should expand cooperation on natural gas development and trade, as such dealings will help smooth relations between both countries and achieve win-win results, said a ...
Egypt-Israeli gas deal highlights tardy Cyprus could be left behind
By Elias Hazou
While by no means a death blow to Cyprus’ aspirations to export natural gas to Egypt, a recent investment decision by companies in nearby Israel to expand ...