Govt, Chevron resolve Aphrodite standoff

Energy Minister George Papanastasiou has confirmed the successful conclusion of negotiations between the Cyprus government and Chevron, the U.S. energy company, regarding the development of the Aphrodite offshore natural gas field. The


Energy majors commit to East Med gas exploration

Energy companies operating in the Eastern Mediterranean- Chevron, ENI, Shell, and ExxonMobil- reaffirmed their commitment to exploiting natural gas. US oil major Chevron, which operates Aphrodite, considered the most mature gas field

Synergies ‘magic word’ for regional natural gas

Synergies are the ‘magic word’ for developing the region’s natural gas resources, Energy Minister George Papanastasiou told a summit in Limassol. At the Eastern Mediterranean Energy Conference, Papanastasiou said companies look for faster

Chevron Aphrodite talks drag on

US oil major Chevron, the operator of the Aphrodite gas field, has been given another new extension to reply to the government by December 1 over deadlocked negotiations. Energy Minister George Papanastasiou

Navigating complex geopolitical energy needs

The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and energy implications: the Russo-Ukrainian war, the Nagorno-Karabakh conflict, and the Israeli-Palestinian (Hamas). These


Government extends deadline on Aphrodite plan

The government has granted the Aphrodite gas field operator, US giant Chevron, another week extension to agree on the untapped reservoir’s development plan. Israel’s NewMed Energy, a partner in the Aphrodite consortium,

Cyprus confident of ending Chevron row

Nicosia is confident that a dispute with US energy giant Chevron over the commercial exploitation of Aphrodite’s untapped natural gas could still end with an agreement despite continuous extensions to – so

Search for common ground on Aphrodite

Developments are expected in the coming days for a win-win outcome in discussions with US oil major Chevron over the dispute about exploiting the Aphrodite gas field, said Energy Minister George Papanastasiou. Nicosia granted

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