Search

121. Cyprus, Greece issue counter-Navtex voiding Turkish advisory

Greece and Cyprus have issued a Navtex in response to the advisory published by Turkey’s navy on Tuesday for seismic surveys in an area of sea between Cyprus and Crete....

122. Athens has four deterrence scenarios over Turkey's drilling plans

In anticipation of a crisis in September, when Turkey says it plans to begin drilling activities in Greece's continental shelf, Athens has elaborated four deterrence plans, while at the same bidding to keep channels of communication open with Ankara....

123. Ankara sparks renewed tensions with Athens over claim for 24 blocks

Ankara on Tuesday responded to a complaint from Athens concerning a map published in the Turkish government’s gazette outlining areas where Turkish Petroleum Corporation (TPAO) has applied for exploration licenses, including several within Greece’s continental shelf, by insisting that these areas are within the boundaries Turkey has submitted to the United Nations. ...

124. Greece condemns Turkey’s drilling intentions in Cyprus’ EEZ

Greece on Tuesday condemned Turkey’s announced intention to continue drilling inside Cyprus’ exclusive economic zone (EEZ), saying it ignores calls by the international community to respect international law....

125. 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...

126. Help from China on the way

The Chinese ambassador in Nicosia says Cyprus has recently taken “powerful and appropriate” measures in the fight against the coronavirus pandemic, adding that help from China is on the way...

127. 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...

128. 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....

129. 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....

130. Erdogan says third Turkish drill ship to begin operations in 2020

Turkey has purchased its third offshore drilling ship which will arrive in Turkey next month, President Recep Tayyip Erdogan said on Wednesday, adding that the ship will begin operations in 2020. ...

131. Cyprus rejects Ankara call for a stop to drilling

Nicosia on Thursday rejected a call by Ankara for a halt to drilling activities off the island's south as a precondition for it to stop its own activities off the divided island. ...

132. Aksoy: Turkey will continue protecting T/C rights

Turkey’s ongoing survey and drilling activities off Cyprus aim at protecting the rights of Turkish Cypriots, a foreign ministry spokesman said Thursday, adding that “until these rights are guaranteed, Turkish Petroleum will continue to operate” in the areas licensed by the breakaway state....

133. ExxonMobil’s Vice President briefs Ministers in Cyprus on the company’s appraisal plan for Block 10

ExxonMobil’s Vice President Don Bagley has discussed with Ministers in Cyprus, the company’s plan for an appraisal drilling for “Glaucus” gas deposit in Block 10 of Cyprus Exclusive Economic Zone (EEZ), during a visit in Nicosia where he spoke to the 15th Cyprus Summit/ Economist Conference....

134. USA blacklists oil company in Cyprus

An oil company registered in Cyprus has been blacklisted by US officials who blocked a total of four vessels for transporting Venezuelan oil to Cuba...

135. Greek corporations rush to issue bonds amid record low yields

The easing of Greek state bond yields to record lows has opened the way to international markets for major Greek corporations too, as they can now take the opportunity to reduce their cost of borrowing. ...

136. Oil surges after attack on Saudi oil facilities

Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities on Saturday shut over 5% of global supply. ...

137. Firms including MOL, Osaka, Gaslog, chosen in Cyprus FSRU LNG tender

Three joint ventures have been selected by Cyprus in the first stage of a tender to provide a floating storage and regasification unit (FSRU) to import liquefied natural gas (LNG)...

138. Nicosia to reject Turkish natural gas proposal

A proposal by Turkish Cypriot leader Mustafa Akinci for a committee that would jointly administer natural gas affairs is expected to be rejected by the government and party leaders when they meet on Tuesday...

139. No preliminary agreement on EU sanctions on Turkey

According to a diplomatic source that informed the press in Brussels the discussion on EU sanctions against Turkey will continue Thursday afternoon, as today there was no agreement...

140. Lukewarm reaction to EU sanctions on Turkey

141. Second Turkish drillship arrives off Cyprus

A second Turkish drillship arrived on Monday off the coast of Cyprus just south of Karpas peninsula...

142. Cyprus takes legal action against firms encroaching its exclusive economic zone

Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west of the island for encroaching on the island’s continental shelf, a senior foreign ministry official said on Tuesday...

143. 'These will not be soft measures' says Juncker

144. Cyprus seeks EU sanctions against Turkey

145. Ankara threatens Nicosia over arrest warrants

146. Cry havoc!

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

148. ExxonMobil eyes Israel gas bid

149. Optimism in Cyprus ahead of ExxonMobil results

150. ExxonMobil announces major gas discovery in Cyprus