Gas ‘breakthrough’ could see movement in months
After nine years, an agreement was reached this week to move forward gas sharing between Israel and Cyprus as a field straddles the borders. But...
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Oil and gas sector crisis deepens
Analysts state that it probably will be the end of 2023 before the industry recovers By Charles Ellinas One after the other major international oil...
Cyprus grants Aphrodite reserve exploitation licence
Cyprus on Thursday granted the first hydrocarbon exploitation licence to the consortium that owns the Aphrodite concession, with a view to pipe gas to Egypt...
Aphrodite gas development plan expected this week, minister says
The government expects a joint venture of energy companies to submit a new development and production plan for an offshore gas field this week, with...
Host of hurdles facing Shell bid to buy East Med gas
By Charles Ellinas Bloomberg reported in February that Shell is in talks to buy Aphrodite and Leviathan gas for liquefaction at its Idku LNG plant...
Singapore uncovers large oil heist at Shell’s biggest refinery
Eleven men were charged in a Singapore court on Tuesday in connection with a large-scale oil theft at Shell’s biggest refinery, while police said they were investigating...
Cyprus could benefit from climate change fight
By Constantinos Hadjistassou A few months before announcing the third licensing round for hydrocarbons off Cyprus, the government endorsed the UN Climate Change Conference (COP21)...
Shell considers pumping Cypriot, Israeli gas to Egypt, Bloomberg reports
Royal Dutch Shell Plc said it is considering buying natural gas from Israel’s Leviathan field and market it together with gas from Aphrodite, turning the...
Two arrested for mutilating protected loggerhead for its shell
Limassol police have arrested two men suspected of killing a protected loggerhead sea turtle, or Caretta caretta, which they cut to pieces to remove its...
Energy companies urged to speed up gas supply (update)
CYPRUS is trying to expedite development of an offshore gas field with a view to supplying the Egyptian market, Energy Minister Giorgos Lakkotrypis said on...
Cyprus needs to decide whether it really wants the oil industry, executive says (Updated)
If Cyprus expects more benefits from the oil and gas industry than merely receiving revenue from sales and related taxes, it must offer a stable...
Cyprus and Jordan step up energy cooperation
Cyprus and Jordan announced on Tuesday the activation of technical committees to discuss the details of possible cooperation in the gas sector. The announcement was made at...
Shell pulls the plug on Arctic exploration for now (Update 2)
By Karolin Schaps Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease...
Shell’s most energy efficient cars ever seen at Le Mans
By Rosie Ogden Students who engineer and drive cars that could complete the Le Mans 24 hours on just over a litre of fuel were...