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151. Hellenic Petroleum reported a 15% rise in third quarter profit

152. Cyprus solar power production on the rise

153. CEO TPAO: Fatih starts drilling

Turkish Petroleum Corporation (TPAO) has begun drilling in the eastern Mediterranean with its deepwater drillship 'Fatih' (Conqueror), the company's acting CEO, President and Director Melih Han Bilgin told a Turkish parliamentary committee....

154. Turkey hires Schlumberger for offshore drilling support

155. Cyprus energy deals draw EU support

The Secretariat-General of the European Commission has expressed the EU’s full support for the Republic of Cyprus’ energy plans and agreements, including the second and final bilateral deal between Cyprus and Egypt on a natural gas sub-sea pipeline...

156. Latest inflation figures point up

Inflation is on the rise in Cyprus amid hikes in fuel prices with the annual rate reaching 2.5% last month, almost one percentage point compared to last year until August...

157. Price caps on gasoline in some islands expected

The authorities are expected to impose a two-month price cap on fuel prices in the southern Aegean islands where unleaded gasoline has soared to almost 2 euros per liter....

158. Turkish ship to begin drilling for gas in Eastern Mediterranean

The Turkish drillship Fatih was to set sail on Thursday from the Gulf of Izmit for the eastern Mediterranean to begin exploration for oil and gas....

159. Sales of petroleum products record monthly increase

A press release issued by the Statistical Service of Cyprus says that a rise was recorded in the provisions of Gasoil for Marine use and Aviation Kerosene, as well as in the sales of Heavy Fuel Oil....

160. Total wants to expand Cyprus oil and gas search

French energy giant Total wants to expand its search for oil and gas off the east Mediterranean coast of Cyprus, a senior company official said on Monday...

161. Cyprus-Egypt gas pipeline could cost $1 billion

A pipeline connecting Cyprus’ Aphrodite gas field to Egypt’s liquefied natural gas (LNG) facilities will cost between $800 million and $1 billion, Egyptian petroleum minister Tarek El Molla said on Monday...

162. Don’t get caught up in the East Med energy hype

It is tempting for resource-poor countries to overestimate the promise of newly discovered hydrocarbon resources, particularly in times of need...

163. Cyprus president flies to Egypt as gas deal nears

Cyprus President Nicos Anastasiades flies to Egypt to push for a cultural initiative on diaspora, just as the two countries prepare to finalise an agreement to connect the Aphrodite gas field to Egypt...

164. ENI committed to Cyprus despite Turkish threats

Italian energy giant ENI said on Wednesday it was committed to exploring for natural gas offshore Cyprus despite efforts by Turkey to block drilling earlier this year...

165. US and allies launch air strikes in Syria

US, British and French forces pounded Syria with air strikes early on Saturday in response to a poison gas attack that killed dozens of people last week, in the biggest intervention by Western powers against Syrian President Bashar al-Assad....

166. ExxonMobil’s Ocean Investigator arrives in block 10 of Cyprus' EEZ

Test drilling in Block 10 by ExxonMobil and its partner Qatar Petroleum is scheduled to take place in October...

167. Cyprus says EU condemnation of Turkey is unprecedented

Anastasiades argued that the real aim of Turkey was to control energy supply routes in the region...

168. East Med gas could supply Europe

Eni’s Luca Bertelli said his company’s recent discovery of a gas off Cyprus contains “almost pure methane” confirming potential for more gas discoveries in the region...

169. 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...

170. US backs Cyprus search for offshore gas

ExxonMobil and partners Qatar Petroleum are scheduled to start drilling southwest of the island this year...

171. Visit of US diplomat is seen as 'important'

The Spokesman said that Cyprus’ energy programme continues as normal ...

172. Nicosia forum to discuss East Med nat gas opportunities

The conference brings together top executives, government officials, and regional experts...

173. US recognises Cyprus’ right to search for energy

America discourages any actions or rhetoric that increase tensions in the region...

174. Turkey renews threat against Cyprus offshore gas exploration

Prime Minister Binali Yildirim said that “provocative activities will be met with the appropriate response”...

175. Turkey says US 6th fleet has not yet arrived off Cyprus

ExxonMobil`s top priority is the safety of its vessels and crews in the Eastern Mediterranean...