#natural gas

Rich findings of natural gas have been found in Cronos 2, located in block 6 of Cyprus’ Exclusive Economic Zone (EEZ), Energy Minister George Papanastasiou announced on Saturday. According to the state ...

Terminal at Vasiliko started under a cloud of suspicion and has just got worse The writing was on the wall even before the contract for the liquified national gas (LNG) ...

Foreign Minister Constantinos Kombos said on Sunday that he would welcome a dialogue with Ankara on natural gas, before solving the Cyprus problem, only if it was between the Republic ...

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 ...

Southeastern Mediterranean countries, including Cyprus, “can pioneer the hydrogen economy”, Cyprus Energy Regulatory Authority (Cera) chairman Andreas Poullikkas said. Poullikkas was speaking at a conference on the subject of energy ...

Cyprus will respond to a request from Chevron to extend a deliberation period for the ‘Aphrodite’ gas field in the exclusive economic zone (EEZ) within the day, Energy Minister George ...

Following three-way talks at the presidential palace on Monday, President Nikos Christodoulides, Israel’s Benjamin Netanyahu and Greece’s Kyriakos Mitsotakis reaffirmed their commitment to reinforce their cooperation in energy. “...

Israel’s energy minister said on Wednesday that more of the country’s natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and an ongoing ...

Despite challenges, the latest plans for the development of Aphrodite are more serious and realistic Aphrodite is back in the limelight. On May 31 NewMed submitted an updated development plan to ...

By Andreas Charalambous and Omiros Pissarides Humanity has made remarkable progress in dealing with the energy crisis caused by the war in Ukraine. However, a lot remains to be done. ...

The recently-appointed energy minister George Papanastasiou seems to have injected a sense of purpose Construction of a €300 million liquefied natural gas (LNG) import terminal at Vasilikos, plagued by a series ...

The importance of the East Med to Chevron’s gas plans was made clear at the company’s ‘2022 4Q Earnings Conference Call’ on January 27 and subsequently at its ‘Investor Presentation’ ...

International hydrocarbon exploration and production company Energean on Tuesday announced that Israel has now officially entered the oil exporters club, after hydrocarbon liquids were transported from Karish. “Energean is delighted ...

Cyprus Energy Regulatory Authority (CERA) chairman Andreas Poullikkas on Monday stated the energy transition, which primarily concerns the transition from fossil fuels to sustainable energy sources, while a necessary and ...

The Total-Eni consortium wants to move more quickly in exploiting block 6 of Cyprus’ exclusive economic zone (EEZ), Energy Minister Natasa Pilides said on Saturday. According to Pilides, the consortium has ...

Cyprus was given another Christmas present this week, but alas it is a present it cannot unwrap and make use of any time soon. The news of another gas find ...

Between two and three trillion cubic feet (Tcf) of natural gas has been uncovered in exploratory drilling in block six of Cyprus’s exclusive economic zone (EEZ), the energy ministry ...

By Elias Hazou and Iole Damaskinos A rise in the cost of electricity is inevitable for Cyprus beginning in early February, due to the country’s reliance on electricity production ...

By Dr Andrestinos Papadopoulos That Cyprus-Egypt relations are presently at their highest level is an evaluation that represents an undisputable reality. We should go back to ancient times to trace ...

Turkey will on Friday dispatch a drillship to waters off its southern coast, but outside Cyprus’ Exclusive Economic Zone. Turkish authorities have issued a Naxtex – or marine advisory – reserving for ...

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 ...

Without readiness by European utilities to commit to long-term gas deals, it is difficult for big oil companies to invest in long-term projects. Last week at the COP27 Conference in ...

Energy companies, hit by soaring power and gas prices related to the war in Ukraine, can secure public guarantees exceeding 90% coverage from EU governments to cover margin call requirements under ...

The European Union could introduce a gas price cap this winter to limit excessive price spikes, but only if countries give Brussels a mandate to propose the measure, the bloc’...