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1. One step for East Med gas but no giant leap

An Israeli gas company with Greek interests wants to lay a subsea pipeline from Aphrodite natural gas field to a facility in Egypt, a proposal potentially seeking to reduce time and cost but also bypassing the issue of Turkey...

2. BP and ADNOC's bold bid for the Leviathan field

Last Tuesday, British multinational oil giant BP and Emirati Abu Dhabi National Oil (Adnoc, the UAE's state oil company) announced a joint bid to buy 50% of Israel's NewMed Energy in a $2 billion deal. ...

3. Cyprus talks up imminent Chevron announcement

Cypriot Energy Minister Natasa Pilides is waging a battle to ensure Chevron’s reluctant development concept for Aphrodite will stick to plan, but cost-cutting ideas, merger wars, and maritime issues continue to blur options backed by an administration on its last leg...

4. Chevron buys time as Cyprus and Israel still negotiate

Chevron took a step back this month after it postponed the drilling of an appraisal well offshore Cyprus, a plan that initially caught Israel by surprise and prompted an impromptu visit to Nicosia last summer as the two countries have yet to resolve a dispute...

5. Israeli minister in Nicosia as gas bargain heats up

Israeli Energy Minister Karine Elharrar is visiting Cyprus on Monday to talk gas directly with her Cypriot counterpart, after companies tasked by the two governments to negotiate a joint reservoir failed to agree on a buyout deal...

6. Cyprus energy hub hopes hanging by a thread

Nicosia is eagerly awaiting news any day now that could potentially revive the island’s hopes in the energy game, with all eyes on whether a UK-based company with contracts in Israel could find enough gas to bypass red tape and send some of it to a friendly neighbor’s hub...

7. Israel sets deadline in gas dispute with Cyprus

Israeli Energy Minister Karine Elharrar has told companies in her country they have until next month to settle a gas dispute with Cyprus, otherwise the states will step in to put an end to the prolonged discussion between the two neighbors...

8. Cyprus-Israel gas dispute deferred to firms

Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils...

9. Cyprus sees glimmer of hope with Chevron

The government of the Republic of Cyprus says Chevron and Noble Energy have reaffirmed the importance that the two companies attribute to the development of Aphrodite gas field...

10. Cypriot-Israeli dispute out in the open

The Republic of Cyprus says development of Aphrodite’s natural gas reservoir will go forward as planned, after reports said a letter from Israel called on energy companies to halt operations until the two countries settled all pending issues...

11. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

12. Eni, Total join for another gas search license off Cyprus

Cyprus’ energy minister says a consortium composed of energy companies Total of France and Eni of Italy has been licensed to explore for natural gas deposits in another area off Cyprus’ southern coast...

13.  Aphrodite revenue sharing at 57.1% - 42.9%

14. Cyprus strikes deal with Noble, Shell and Delek

15. Cyprus Aphrodite gas field partners near deal

16. Cyprus, Israel discuss deal for Aphrodite gas field

17. Israel's Delek considers London IPO for Leviathan and Aphrodite gas stake

18. Cyprus puts team together to save gas deal

The Cyprus government is willing to renegotiate terms with an energy consortium, following concerns on the part of companies that worry new developments and low gas prices would render a current deal not profitable...

19. Israel eyes 5% claim of Cyprus' Aphrodite gas field

Energy Ministry Yuval Steinitz told Cypriot leaders that Israel is demanding 5% or more of the production from the joint Aphrodite-Yishai natural- gas field in disputed Mediterranean waters...

20. Cyprus and Israel need gas-sharing deal to tap East Med riches

An ownership squabble over Cyprus' main natural gas field is threatening to delay multi-billion dollar plans to turn the eastern Mediterranean into a major energy hub...

21. Cyprus and Israel move to end dispute over Aphrodite gas

Israel and Cyprus will take their disagreement over the distribution of gas in the joint Aphrodite reservoir to international arbitration, according to a report published by Globes...

22. Cyprus won't abandon gas search despite geopolitical challenges

Drillings planned in Cyprus' EEZ for 2018 mainly by ExxonMobil will give a pretty good idea about the island's resources...

23. Cyprus-Egypt agree on pipeline terms

A final draft has emerged with Egypt and Cyprus agreeing the terms that would regulate the construction of an underwater pipeline from the Aphrodite gas field to two LNG terminals, Idku and Damietta. Experts hope that other players would jump on board to justify further such a commercial endeavor. ...