21 C
Limassol
Sunday, September 24, 2017
LNG

Delek puts in bid for interim gas supply

By Elias Hazou THE PARTNERS developing Israel’s offshore Leviathan field have announced they have put in a bid to sell gas to Cyprus via a...

A looming power struggle over gas

THIS TIME last year we wished that seriousness would prevail vis a vis the handling of the natural resources - the gas - with...

Cabinet gets wide reshuffle

By Constantinos Psillides PRESIDENT Nicos Anastasiades reshuffled his cabinet yesterday, replacing three ministers and handing one a different portfolio, at the same time unleashing the...

Production test for natural gas starts today

THE FIRST production test of natural gas will begin on Thursday at Aphrodite A-2 in Block 12 of Cyprus’ Exclusive Economic Zone. In statements to...

Eni announces a new oil and gas discovery in the Western Desert of Egypt

In the last three years, in the Western Desert of Egypt Eni has doubled its oil production through exploration of deep sequences. San Donato Milanese,...

Cyprus denies Russia loan for gas deal

RUSSIA has not asked Cyprus for an energy deal in relation to a multi-billion euro loan request by Nicosia. Asked to comment on reports in...

[Update] First photos and video from production Gas test at blog 12

First photos and video from production Gas test at blog 12 Aphrodite. Estimated  98% Methane the Natural Gas HIGH quality Gas.  

Proposal for exploration on land

In a news article from Philnews today 3/12/2014 says it has been a proposal for "seismographic" and other technologies research for oil and gas on...

President Nicos Anastasiades arrives in London

Cyprus President Nicos Anastasiades arrives Tuesday afternoon in London where he will pay a four day visit and meet British Prime Minister David Cameron....

Israel denies planning troops in Cyprus

ANKARA — Israel denied Monday reports in the Turkish press that it planned to deploy thousands of troops in Cyprus to protect oil and...

Cyprus President sends message of reconciliation from Clerides funeral

President Anastasiades has conveyed the vision of former President Glafcos Clerides for reconciliation in Cyprus, who died last Friday, aged 94. Delivering the eulogy at...

Global Offshore Technology Conference to host Ministers from Cyprus, Montenegro, Malta, Italy & Croatia...

Global Offshore Technology is taking place on the 28-29 April at Carob Mill in Limassol, Cyprus.  The Mediterranean is currently undergoing a significant new...

‘Cyprus is a great place to invest’ says multinational group’s chairman

THE CHAIRMAN of a multinational conglomerate said yesterday he is interested in investing in Cyprus, including the purchase of government bonds and in the...

Turkey rules out buying gas from Israel, for now

Turkish Minister of Energy Taner Yıldız: The deal has become politically inconceivable. Israel's incursion into the Gaza Strip has resulted in the freezing of progress...

Parties agree on handling of natural gas

THE PARTIES’ opposing views on how to regulate the natural gas market appear to have been reconciled after the House Commerce Committee yesterday came...
Large Scale Investment Projects happening now in Limassol

Large Scale Investment Projects happening now in Limassol

Large Scale Investment Projects happening now in Limassol Members Only What do you get from your Subscription? Read unique articles from Oil and Gas experts. High...

2nd Annual East Mediterranean and North African Gas Forum

Exploring the Commercial and Strategic Opportunities Available in the Region Following on from the success of the 2012 event, which attracted over 100 key decision...

Egypt and Cyprus to jointly explore Mediterranean deepwaters

The Egyptian and Cypriot governments have agreed to cooperate in exploring offshore oil and gas in the waters between the two countries. Egyptian Minister of...

Cyprus-Greece pipeline ‘not viable’

PIPING gas from Cyprus to Greece and then onto European markers would not be commercially viable, the consensus seemed to be yesterday among businesspeople,...

Cyprus hits back at Turkey’s drilling threats

The Foreign Ministry has issued an announcement in which it denounces new Turkish threats as regards Cyprus right to explore and exploit its hydrocarbon...

Cyprus seeks gas supplies until 2018

(Reuters) - The public natural gas company of Cyprus, Defa, said it had approved tender documents for the supply of natural gas to the...

Lebanon fights to join East Med gas boom

Lebanon's dysfunctional government is reported close to appointing a panel to oversee exploration of offshore natural gas fields. BEIRUT, Lebanon, Sept. 13 (UPI) -- Lebanon's dysfunctional,...

More natural gas reserves needed to sustain an LNG terminal, Minister says

Cyprus Energy Minister Giorgos Lakkotrypis said on Wednesday that more local natural gas reserves than the ones currently discovered are needed to render an...

Italian interest

NICOSIA - The chief executive of Italian oil and gas giant ENI says his company will invest in a planned Cypriot natural gas processing...

Cyprus continues drilling in spite of Turkish provocations, Minister says

The Republic of Cyprus carries on with the drilling activities in its Exclusive Economic Zone in spite of Turkish provocations, Energy Ministrer Yiorgos Lakkotrypis...

Latest article

Ultra Petroleum Responds to Make-Whole Ruling

HOUSTON, Sept. 22, 2017 (GLOBE NEWSWIRE) — Ultra Petroleum Corp. (NASDAQ:UPL) confirmed that late yesterday, the bankruptcy court overseeing its earlier restructuring proceedings denied...

Buckeye Partners, L.P. Announces $210 Million in Limited Partnership Unit Sales

HOUSTON, Sept. 19, 2017 (GLOBE NEWSWIRE) — Buckeye Partners, L.P. (“Buckeye”) (NYSE:BPL) today announced an agreement to sell limited partnership units representing limited partner...

Improved risk profile for ocean hull insurance sector

Speaking yesterday at IUMI’s annual conference in Tokyo, Chairman of the association’s Ocean Hull Committee, Mark Edmondson reported a 10% reduction in global premiums...