Energean PLC has announced a new commercial natural gas discovery of 13 billion cubic meters off the shore of Israel as a result of its exploratory drilling of the well dubbed Zeus-1. It has also confirmed the presence of an additional 3.75 bcm at its Athena site....
Tensions are rising in the eastern Mediterranean as a dispute previously thought to have been resolved between Israel and Lebanon was back on the agenda when a statement from Greek company Energean touched a nerve with Hezbollah...
European Commission President Ursula von der Leyen's speech at the World Economic Forum in Davos and what she said about the energy sources of the Old Continent is essentially the first step in the role that the Eastern Mediterranean and its reservoirs can play in the EU's efforts to cut its dependence on Russian hydrocarbons....
As businesses continue to expand, managers will want to stay on top of risks and take advantage of all opportunities which in turn will allow organisations to grow and reach their goals by addressing those risks...
Energean is seeking approval from Cyprus for the Greek oil and gas firm to build a pipeline from its Israeli offshore gas fields and import 0.5 to 1 billion cubic meters of gas a year to the island...
