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Sunday, November 12, 2017

EU should provide assistance to Cyprus

EU should provide assistance to Cyprus in its efforts to exploit its natural resources, Energy Minister Yiorgos Lakkotrypis has said. Speaking at the EU Energy...

Important move on gas, but still a long way to go

By Elias Hazou Declaring the Aphrodite gas field commercial is an important, but by no means the final step toward monetising the reservoir, officials said...

Declaration of Commerciality of the “Aphrodite” natural gas field

The Ministry of Energy, Commerce, Industry and Tourism announces that Noble Energy International Ltd, Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership,...

Israel: New report sees 20% less gas reserves in Leviathan

The report prepared by Dutch company SGS for the Ministry of Energy translates into a $30 billion cut in revenue. The quantity of natural gas...
Cyprus Gas Oil News

Cyprus Government sees positively Noble’s efforts for strategic investor

The government sees in a positive light the prospect of Noble Energy`s efforts to sell part of its share in block 12 of Cyprus`...

Lakkotrypis talks to Milliet on energy, Cyprus solution

Energy Minister Giorgos Lakkotrypis said natural gas could go to Europe through Turkey, but only if expert studies concur and there is a solution...

Gazprom to enter into gas transmission construction in Greece

St. Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Panagiotis Lafazanis, Minister of Productive Reconstruction, Environment...

Delek Group announces that has begun preliminary negotiations with Noble Energy for the acquisition...

Tel Aviv, June 1, 2015. Delek Group (TASE: DLEKG, US ADR: DGRLY) ("the Company") hereby announces that the Company's management has begun preliminary negotiations...

Sputnik News: US Opposes Extension of Russia’s Turkish Stream Pipeline – Greek Minister

Washington's view toward extending Russia’s Turkish Stream gas pipeline to Greece is negative, but the stance of Athens on the matter remains unchanged, Greek...

China and Egypt agree to nuclear cooperation

A memorandum of understanding (MOU) to cooperate in the construction of power reactors has been signed between China National Nuclear Corporation (CNNC) and the...

The Minister’s council approve the Master Plan for Cyprus Energy Center.

To his personal Twitter account the Minister of Energy, Commerce, Industry & Tourism Georgios Lakkotrypis announce the minister's council approval for the master plan...

More Affordable Solar Power Pricing Shines Light on New Business Opportunities and Job Creation...

The UAE’s solar powered energy pricing has now reached parity with fossil fuel models, making it economically attractive and commercially viable for the first...

Israel: Egypt okays Tamar gas imports – report

The natural gas will be sent through the existing Egypt-Israel gas pipeline, "Reuters" reports. The Egyptian government today announced its intention of authorizing private companies...
Energy oil gas

Cyprus signs International Energy Charter

Cyprus signed during the Ministerial Conference on the Charter that was organized by the Government of the Netherlands and the Energy Charter Secretariat in...

Isreal: Noble Energy to halt Tamar gas to repair pipe leak

The flow of gas will be halted for twelve hours on Saturday while a leak in the Ashdod gas terminal is repaired. A halt in...
Cyprus Gas

Finance Ministry to set up investment fund to manage revenue from hydrocarbons

The Finance Ministry is working to set up an investment fund to manage the revenue from indigenous hydrocarbon deposits in a credible and transparent...

Oil and Gas Industry is trapped within a global system of competitiveness and strategic...

  By Simon Trevezas It has been a year since the first crisis burst in crude oil prices and nothing radical seems to change in Oil...

East Med Energy Investment Opportunities

By Andys Varoshiotis President of Cyprus Oil & Gas Association. Global investments in renewable energy rebounded strongly last year, registering a solid 17% increase to...

Gazprom starts Turkish Stream offshore gas pipeline construction

Verbatim record of interview Correspondent: Good afternoon, Mr. Miller. China’s CNPC and Gazprom have signed an Agreement today. What are the basic conditions of this...

President Anastasiades to visit Jerusalem

President Anastasiades will visit Jerusalem following the formation of the government in Israel. Anastasiades held a telephone communication with Prime Minister of Israel Benjamin Netanyahu...

7th Marine and Oil Gas Exhibition Photos stream

With great success ended the 7th EastMed Marine and Oil Gas Exhibition that was held in Grand Resort Limassol on the 7 & 8...

Regulators form final gas monopoly compromise

The state is abandoning the requirement of separate marketing of natural gas from the Leviathan reservoir. Three months after the state presented its compromise formula...

The Electricity Authority of Cyprus privatisation is getting closer

Speaking following a meeting with EAC and union representatives, Energy Minister Yiorgos Lakkotrypis said that the state and EAC are closer to a deal...
Cyprus Gas Oil News

Does Noble Energy determines Aphrodite’s reservoir as an offshore opportunity, ready to be explored?

By Simon Trevezas Noble Energy is a major energy company that operates all around the world and is the biggest shareholder (70%) for Aphrodite’s reservoir...

Israel: No gas cartel decision before new gov’t formed

The Israel Antitrust Authority is avoiding meetings with the gas companies and the other regulators. Last week, the partners in the Leviathan natural gas field...

Latest article

ADIPEC Awards Shortlist Recognises Achievements of Oil and Gas Innovators

Expert Jury Names 16 Nominees Across Five Categories, Recognise Excellence in Areas of Critical Importance to Industry   Winners to be Announced on First Evening of...
Total

Total will soon begin operating in block 6 of Cyprus` Exclusive Economic Zone

This article is for our Subscribers Members Only. Our Subscribers have the below benefits. Read unique articles from Oil and Gas experts. High Quality Information from the...

Frank’s International N.V Announces Third Quarter 2017 Results

Cash flow from operations of $32.1 million; free cash flow of $37.1 million, up $38.1 million from the second quarter 2017 U.S. onshore revenue up...