Search

1. Cypriot cabinet approves EastMed pipeline

Cyprus’ cabinet on Thursday ratified a bill on the EastMed gas pipeline project, the country’s Energy Minister Giorgos Lakkotrypis said in a statement. ...

2. EastMed a project of major geostrategic importance, Hatzidakis says

Lawmakers in Athens on Monday ratified, at the committee level, a deal for an undersea pipeline to carry gas from new offshore deposits in the southeastern Mediterranean to continental Europe signed by Greece, Cyprus and Israel earlier in the year....

3. Energy company proposes installation of an FRSU in Cyprus

Oslo-based company Hoegh LNG confirmed Friday it has submitted a proposal for the installation of a Floating Storage Regasification Unit (FRSU) in Cyprus and has sent letters to top government officials outlining its benefits....

4. ExxonMobil puts Cyprus plans on hold

ExxonMobil's crucial drilling plans to confirm a large gas deposit south of Cyprus have been put on hold, with a local media report citing delays due to the coronavirus pandemic...

5. EU bans two Turks over drilling off Cyprus

The European Union has imposed sanctions on two Turkish nationals in connection with their company’s drilling activities off Cyprus...

6. France stands by Greece and Cyprus, says French Defense Minister

France will stand by Greece and Cyprus, supporting both in their disputes with Turkey over maritime zones in the Mediterranean, French Defence Minister Florence Parly was quoted saying in a Greek newspaper on Sunday....

7. Cyprus and Norway prepare to sign energy MoU

Cyprus and Norway began preparations on Friday to sign a Memorandum of Understanding (MoU) on energy issues, that will contain provisions for the exchange of expertise in relation to the national hydrocarbon fund (sovereign fund), among other things....

8. Hydrocarbon exploration in Cyprus EEZ on track, minister says

A French-Italian consortium between oil giants Total and ENI will start drilling in Block 6 of Cyprus’ exclusive economic zone on schedule in April despite an “escalation” in tension from Turkey, Cypriot Energy Minister Giorgos Lakkotrypis has said....

9. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

10. Cavusoglu slams Akinci after comment that Turkey-north annexation would be 'horrible'

“I’ve never worked with a more unreliable politician,” the Turkish Foreign Minister Melvut Cavusoglu said on Monday, referring to the Turkish Cypriot leader Mustafa Akinci in response to an interview where Akinci said the prospect of Crimea-style annexation with Turkey was “horrible”....

11. Cooperation required to fully reap energy rewards

12. PRIO: A Cyprus solution could reap high economic benefits

A solution to the Cyprus problem will create large new markets, research conducted by the independent, bicommunal research centre PRIO showed....

13. Dendias: Athens, Rome view Turkey-Libya MoU as 'illegal, groundless'

After a meeting on Tuesday with Italian Foreign Minister Luigi Di Maio, Greek counterpart Nikos Dendias said on Tuesday that Athens and Rome both view the memorandum of understanding between Turkey and the Tripoli-based government of Libya on maritime borders as “illegal and groundless”....

14. Charles De Gaulle to dock in Limassol, demonstrating fortified ties

The flagship of the French Navy, aircraft carrier Charles De Gaulle, will be docking at Limassol port at the end of February, prior to the wrapping up of its Eastern Mediterranean mission, Ambassador of France to Cyprus Isabelle Dumont told the Cyprus News Agency on Tuesday....

15. Egypt issues warning over Cyprus rights

Egypt has sent out a warning on Sunday about repercussions of any unilateral moves that could breach the rights of the Republic of Cyprus and pose threats to security and stability in the Middle East...

16. Libya blames maritime tensions on Greece

Libya has slammed Greece in a recent letter to the United Nations, accusing Athens of refusing to play fair, while US State Secretary Mike Pompeo says he is taking on a new initiative to de-escalate Greco-Turkish tensions over maritime borders...

17. Greece, Cyprus and Israel sign EastMed deal

Greece, Israel and Cyprus have signed a deal for an undersea pipeline designed to carry gas from offshore deposits in the southeastern Mediterranean to continental Europe...

18. Diplomatic hype over eastern Mediterranean

Greek Foreign Minister Nikos Dendias attended Christmas Mass in Istanbul amid diplomatic tensions and power play between Athens and Ankara over gas exploration in the eastern Mediterranean...

19. EastMed deal to be inked January

Cyprus President Nicos Anastasiades plans to attend a ceremony in Athens for the signing of an agreement on the EastMed pipeline, after Greece announced Sunday the project will proceed despite the objections of Turkey...

20. Cyprus hails US EastMed bill signed into law

A new US law geared toward boosting energy and security cooperation in the east Mediterranean is indicative of the significance that Washington attaches to the region, Cyprus' foreign minister said Saturday...

21. Turkish military drone lands in Cyprus

A military armed drone landed in the northern part of Cyprus on Monday after flying a five-hour mission from its naval base in Turkey...

22. Erdogan points to drilling spots off Crete

In an interview on Turkish television, President Recep Tayyip Erdogan has indicated where Turkey plans to conduct research for hydrocarbons but also drilling, using a map to indicate the location east of Crete...

23. Turkish drones in the north ready for takeoff

Turkish drones were due to arrive in the northern part of Cyprus where they are expected to begin flying missions on Monday over drilling ships in search of natural resources in the eastern Mediterranean...

24. Athens denounces sea border deal to UN

Greece’s objections to the “legally invalid” maritime boundary deal between Turkey and Libya are meticulously outlined in two letters it has sent to the United Nations, which also call on Secretary-General Antonio Guterres to bring the matter before the Security Council...

25. 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...

26. Turkey says Greek Cypriots 'spoiled' in the EU

Turkish Foreign Minister Mevlut Cavusoglu says his country’s continental shelf is not up for discussion, accusing Greeks and Greek Cypriots of holding maximalist and uncompromising positions....

27. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

28. 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 ...

29. EU lawmakers reject Turkey's 'safe zone' in Syria, eye sanctions steps

European Union lawmakers on Wednesday condemned Turkey’s offensive to carve out a “safe zone” in northeast Syria and prepared the way for new EU financial sanctions against Ankara....

30. Cyprus says frigate underlines French support

Cypriot Defence Minister Savvas Angelides says a French frigate within the Cypriot EEZ was not intended to militarize a situation but to show support from France towards the Republic’s sovereign rights...