The question is no longer whether Cyprus needs a long-term energy plan. The question is what such a plan should include.
A successful energy strategy must provide a coherent framework ...
Recent warnings from the International Monetary Fund (IMF), concerns raised by the auditor-general and growing criticism from energy experts all point to the same conclusion: Cyprus urgently needs a comprehensive ...
The launch of the East Med Energy Center (Emec) in Houston this week and the revival of high-level regional energy diplomacy mark significant developments in East Med energy cooperation. The ...
Energy Minister Michael Damianos assured on Sunday that Cyprus has the support of the US in its energy projects, including hydrocarbon extraction, electricity interconnections and regional energy security initiatives.
Speaking ...
Turkey and the ‘administration’ in the north have revived plans for major energy projects linking the two, including an electricity interconnection and a proposed natural gas pipeline.
The renewed agenda ...
Reports on Friday affirm that Turkey is preparing legislation that would grant President Recep Tayyip Erdogan authority to declare an exclusive economic zone (EEZ) extending up to 200 nautical miles from ...
The governments of Cyprus and Egypt on Monday signed a “framework agreement” for the commercial development of natural gas, on the sidelines of the Egypt Energy Show in Cairo.
Energy ...
Energy security was positioned as a matter of national and regional importance by President Nikos Christodoulides, addressing the Egypt energy exhibition (EGYPES) in Cairo on Monday.
He described the current ...
With senior US officials estimating that a war with Iran is now expected to last weeks, not days, and Iran’s declaration of war on Israel and the US, the ...
President Nikos Christodoulides met the chief executive officer of Italian energy giant Eni, Claudio Descalzi, in Rome on Friday, with the company’s final investment decision pending regarding planned extraction ...
Turkey said on Thursday it opposed Greece’s “unilateral activities” in hydrocarbon fields south of Crete with a consortium led by U.S. oil major Chevron as a violation of ...
The final investment decision on management of the Kronos gas field will be taken at the end of March, with the aim of sending the first natural gas to Egypt ...
European Union countries on Monday gave their final approval to ban Russian gas imports by late 2027, making their vow to cut ties with their former top supplier legally binding, nearly ...
Plans for further natural gas drilling in Cyprus’ gas-bearing blocks 5 and 10, as well as the prospect of expanding cooperation with US energy giant ExxonMobil, were discussed at the Presidential Palace ...
The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President ...
Long-term conflict in the Middle East could delay projects for the development of natural gas fields, experts said on Tuesday as others postulated that in the three to four years ...
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 ...
Cyprus is focusing on establishing synergies to cover local energy needs aiming to decrease electricity costs, President Nikos Christodoulides said on Sunday.
The two pillars of the country’s energy ...
Cyprus could supply the European Union with natural gas much earlier, if Brussels strengthened its support for the development of the supply infrastructure, President Nicos Anastasiades said in an interview ...
Gas find in Cronos-1 provides another chance to solve the Cyprus problem
You are probably aware that the Italian multinational oil and gas company Eni has recently made a significant ...
Cyprus missed the opportunities it had in 2013 to develop its own gas and is now paying the price
As Europe imposes more and more sanctions to reduce and eventually stop ...
The energy situation in the European Union as a result of the Russian invasion of Ukraine and the next steps after the suspension by Gazprom of supplies to Poland and ...
Cyprus’s Energy Minister, Natasa Pilidou, said that drilling of the first well in the Eni-Total consortium will get underway in the coming weeks.
Pilides, in an interview to Greek-language ...
The Search and Rescue Centre (JRCC) issued a navigational warning (Navtex) concerning the appraisal well to be carried out by ExxonMobil and Qatar Petroleum in the “Glaucus” field in block 10 ...