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Saturday, September 23, 2017
oil gas energy

Cyprus gas export options

By Charles Ellinas Efforts in Cyprus continue with the preferred export option of Aphrodite gas by pipeline to Egypt. This article examines this but also...

Joint Declaration on the Strengthening of Energy Cooperation (Budapest, April 7, 2015)

We the Representatives of the Participating States: Volkan Bozkır, Ivica Dačić, Nikos Kotzias, Nikola Poposki and Péter Szijjártó having met in Budapest on 7...

Strategic Relationship of Greece, Cyprus, and Israel: Power Shifts in the Eastern Mediterranean

By Andy Varoshiotis In 2014, the Greek, Israeli, Cypriot, Bulgarian, and Italian governments announced their support for the "East Med Pipeline," which would be an...

Russia to build Jordan’s first $10bn nuclear power plant

Russia has signed a $10 billion agreement with Jordan for the construction of the country’s first nuclear power plant. Jordan currently lacks local energy...
oil gas

SE Europe considering energy sources alternatives

In the aftermath of the invalidation of South Stream, cancelled by President Putin in the name of Gazprom, the European Union and the national...

Methane Hydrates: Fuel of the future as it is called, and the geopolitical footprint...

By Athanasios Pitatzis In today's article we cover methane hydrate, explain what it is, where it is located on the planet, with which technologies it...

Cyprus focuses on Energy Union at today’s European Council

The EU Energy Union will be among the issues to be discussed at the European Council meeting which begins today in Brussels. The Republic...

Deal signed with Total for further exploration

Energy Minister Giorgos Lakkotrypis, and the General Manager of Total E&P Cyprus B.V., Jean-Luc Porcheron, on Wednesday signed an agreement on further exploration works...
oil gas energy

Cyprus, the next capital of Oil and Gas Services Companies in the South –...

By Athanasios Pitatzis and Nikolaos D. Ntintas In today’s article we will cover the possibility for Cyprus to become the capital- operation base on South...

Minister expects ‘striking developments’ in energy field in the coming weeks

Energy Minister Yiorgos Lakkotrypis has said that he expects striking developments regarding the energy sector in the next few weeks. In statements following a forum...

Anastasiades heading to Egypt

The President Nicos Anastasiades will travel on Thursday to Egypt where he will participate in an international conference on Egypt’s economic development, which begins...

BP makes second significant gas discovery in Egypt’s East Mediterranean Sea

BP Egypt announced today another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well,...

Cyprus and Bahrain sign a series of agreements

The President of the Republic Mr Nicos Anastasiades, accompanied by the members of the Cypriot delegation, was today officially welcomed by the King of...

A New Business Strategy for TAP Pipeline, Trans Balkan Pipeline (TBP) the new West...

By Athanasios Pitatzis In today’s article we will introduce a new business strategy for TAP Pipeline. Secondly we will propose the construction of a new...

Annual Investment Meeting Dubai United Arab Emirates 2015

Join us at the World's Greatest Trade and Investment Hub. Register your participation now and meet the top notch global experts that will enlighten...

Russia will be present in Cyprus EEZ

Moscow will be present to eastern Mediterranean in various scenarios, which are manifestly linked with geo-strategic plans in the region. As is clear from the...

With Alexander Novak, Russian Minister of Energy, discussed #Cyprus & #Russia coop in...

Mr Georgios Lakkotrypis announce in his personal twitter account that he had a meeting with Alexander Novak, Russian Minister of Energy, discussed #Cyprus &...

The recent agreement among Cyprus and Egypt for the natural gas challenge the “status...

By Athanasios Pitatzis and Simos Trevezas On Monday 16/02/2015 a joint statement was released by Cypriot Minister of Energy and Egyptian Minister of Petroleum which...

Lakkortypis Calls on EU for Energy Assistance

Cyprus’ Minister of Energy, Yiorgos Lakkotrypis, has called on the European Union to assist the island in developing its natural gas reserves. Considering that these...

Japan to provide Egypt $360m in energy, infrastructure and technology aid

Japan will provide the Egypt with $360m financial support in the energy sector, marking the development of the relations between both countries. The financial...

Oil Industry Withdraws From High Cost Areas

By Nick Cunningham The oil industry is pulling back from some marginal areas of operation, slashing jobs and spending, and retrenching in the face of...

Hydrocarbons an excellent diplomatic tool, says Minister

Cyprus` Minister of Energy Georgios Lakkotrypis believes that the issue of hydrocarbons is an excellent diplomatic tool which should be exploited to the full. In...

Cyprus energy sector is undergoing fundamental transformations, Energy Minister says

The energy sector in Cyprus is undergoing fundamental transformations concerning its structure and organization, its institutional framework and the diversification of its energy mix,...

Minister announces Cyprus-Greece-Egypt ministerial meeting on energy

Minister of Energy Giorgos Lakkotrypis said on Thursday that a tripartite ministerial meeting between Cyprus, Greece and Egypt on energy issues will take place...

Foreign Ministers of Cyprus, Greece and Egypt meet in Nicosia

Ministers of Foreign Affairs of Cyprus, Greece and Egypt will meet today in Nicosia. The ministerial meeting falls within the framework of political consultations between...

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...