Israeli natural gas may be exported to EU through Cyprus
Greek oil and gas company Energean on Monday announced the discovery of a commercially exploitable natural gas field in Israel’s exclusive economic zone (EEZ), with...
oil and gas
Cyprus’ role in East Med gas supply currently stuck in politics
The past week has seen a great deal of chatter on the shifting energy map in light of the Ukraine crisis, potentially bringing the fractious...
Minister says developments expected soon on gas deposits
Developments are expected soon over the exploitation of Cyprus’ natural gas fields, given the large increase in natural gas prices internationally, Energy Minister Natasa Pilides...
BP quits Russia in up to $25 billion hit after Ukraine invasion
BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of operating in the energy-rich country,...
Gas exploration programme to continue without interruption says president
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...
Oil rises on demand outlook, Gulf outages
Oil prices rose on Friday as a rebound in global demand was widely expected and a slow recovery for the US Gulf Coast export and...
United Arab Emirates’ non-oil sector expands
The United Arab Emirates’ non-oil private sector expanded at its fastest pace in two years in July as demand rebounded from the COVID-19 pandemic, a...
What a Biden presidency means for oil and gas
Joe Biden has pledged to put climate change driven policies at the centre of the US energy industry During the US presidential elections, president-elect...
Oil and gas companies have assured plans on track
Oil and gas companies have assured the government they remain committed to their projects in Cyprus’ exclusive economic zone and will stick to schedules revised...
ENI and Total drillings officially on hold for one year
Energy companies ENI and Total have notified the government they are postponing their scheduled gas drilling operations off Cyprus for approximately one year. Government spokesman...
