A trending term for visitors searching Cyprus News was Drilling.
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Cyprus and EU allies forge €7.4B deal with Egypt to transform energy landscape
European Union and Egyptian leaders joined forces on Sunday to sign a substantial €7.4 billion financial package aimed at bolstering Egypt's economy, enhancing energy trade with Europe,...
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Spurs slump to heavy defeat at Fulham
Fulham put a sizeable dent in Tottenham Hotspur’s Premier League top-four hopes as in-form Rodrigo Muniz’s double earned them an impressive 3-0 victory at Craven Cottage on...
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BP and Abu Dhabi National Oil Co. suspend major purchase in Israeli gas firm NewMed
Plans for a 50% stake purchase by energy major BP and the Abu Dhabi National Oil Co. (Adnoc) in Israeli gas producer NewMed Energy are on hold because of regional turbulence, NewMed said...
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Salina Grenet-Catalano: The French community in Cyprus is growing, evolving and becoming more dynamic
"The energy deployed by the ‘French team’ in Cyprus in recent years has borne fruit: our bilateral relations are excellent, our defence cooperation has been enhanced and our cooperation...
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Column: Oil prices rise as funds scale back bearish positions
By John Kemp* Investors have become less bearish about the outlook for oil and gas prices as U.S. shale producers scale back drilling while Saudi Arabia and its OPEC+ allies extend their...
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Cyprus Contests Turkey Allowing Vessel Research in Cypriot Waters
NICOSIA – With Turkey already hunting for energy in parts of Cyprus’ offshore Exclusive Economic Zone (EEZ) it doesn’t recognize, the Greek-Cypriot government said Turkey didn’t have the...
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Qatar plans new gas output boost amid global price collapse
Qatar will raise natural gas production despite a recent steep drop in global prices, in a long-term bet on rising demand for the less polluting fuel in Europe and Asia. QatarEnergy chief...
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Statements by the President of the Republic and the President of the Italian Republic
The President of the Republic, Mr Nikos Christodoulides, and the President of the Italian Republic, Mr Sergio Mattarella, reaffirmed today their common will to further strengthen the...
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Turkey Will Use Army Base on Occupied Cyprus Side for Drones
ANKARA – Turkey will take control of an air base on the Turkish-Cypriot occupied side of the island as a center to deploy drones, approved by the self-declared republic that no...
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Cyprus and Egypt forge energy partnership amidst gas discoveries
Minister of Energy, Trade, and Industry, George Papanastasiou, recently engaged in crucial talks with Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, exploring...
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Cyprus and Egypt’s energy ministers talk stepping up energy cooperation
The energy ministers of Cyprus and Egypt have discussed ways to strengthen energy cooperation between the countries, in particular the prospect of developing natural gas reserves southwest...
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Tumbling US natural gas prices prove unstoppable, hurting producers
For nearly a year, US natural gas producers have slammed the brakes on production as prices fall. But relentless output gains including from oil companies that pump gas as an oil byproduct...
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Italian Company Eni Drills Second Gas Well in Cyprus’ Cronos Field’
NICOSIA – The Italian energy group Eni said it has drilled a second gas research well in the Cronos field off Cyprus with a production test estimating it could have a capacity of more...
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Energy Minister to propose crucial budget for Renewable Energy Fund
Minister of Energy, Commerce, and Industry George Papanastasiou has announced plans to present a significant budget proposal for the Renewable Energy Sources and Energy Conservation Fund...
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The demon became a prison threat
It’s understandable for a company to be on edge when millions are at stake. Especially when the company comes from a country where it can easily impose silence. However, when the...
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Eni and TotalEnergies Are Swiftly Developing Natural Gas Deposits off Cyprus to Supply Europe
NICOSIA — Eni said Wednesday that drilling to appraise a third natural gas discovery in waters off Cyprus shows the commitment of the Italian energy company and its French partner...
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"Cronos" and other discoveries are speeding up gas development, Spokesperson says
The Ministry of Energy and the licensee consortium within Block 6 of Cyprus' Exclusive Economic Zone (EEZ) are currently engaged in exploring methods for the optimal utilisation of the...
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Latest Cyprus gas find ‘very positive’
Energy Minister George Papanastasiou said on Friday that findings from the ‘Cronos 2’ natural gas field were very positive . The well, located 160km off the coast of Cyprus in block 6,...
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Eni, Total confirm ‘excellent’ natgas well at Cronos-2
Italy’s Eni and French TotalEnergies confirmed Thursday the extension and “excellent” well deliverability at their joint natural gas field within the Cronos discovery in the Cyprus offshore...
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Cyprus confirms extensive gas find in 'Cronos-2' project
The Ministry of Energy, Commerce, and Industry announced the successful completion of the assessment drilling operations for "Cronos-2" within Block 6 of the Exclusive Economic Zone (EEZ)...
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‘Excellent’ Cronos gas discovery off Cyprus
Italian energy group Eni, on Thursday said it had drilled a second well to appraise the Cronos gas discovery off Cyprus. Heralding the news, Cyprus’ energy ministry said it was...
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Eni-Total wrap appraisal drilling in block 6
Eni and Total have wrapped their appraisal drilling at the Cronos-2 target in block 6 of Cyprus’ Exclusive Economic Zone (EEZ), the Ministry of Energy, Commerce and Industry has...
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Water prices set to increase amidst tax reform
The competent authorities are rushing to implement water taxation due to Cyprus’ obligation to comply with the Green Tax Reform. Initially, the cost is expected to be borne by users of...
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Turkey Building Stronger Military Presence on Cyprus, Radar Installations
NICOSIA – While Turkey has eased tensions with Greece, it’s stepping up plans to establish itself as a naval power in the Eastern Mediterranean, including expanding and adding more...