The Cyprus cabinet has finally approved, just days before crucial parliamentary elections, the development and production plan for the 3.1 tcf Cronos gas field, paving the way for partners Eni and TotalEnergies
The AI boom is making natural gas great again. As global climate ambitions falter and artificial intelligence drives a race for power, gas is regaining political and commercial appeal in a fast-moving
July was another month for the oil sector dominated, once again, by Donald Trump’s tariff war. The US president’s tariff ultimatum on August 1 continued to fuel oil price volatility. This is
A decade after the idea was first put on the table, Cyprus and Egypt have finally agreed to transport natural gas from the island’s as yet unutilised offshore reserves to facilities on the
Cyprus plans to sell the entire output from one of its two mature offshore gasfields, Chevron’s Aphrodite, to Egypt which has recently seen its own output decline and in order to meet
Cyprus has the second worst record in Europe as regards utilisation of renewables in the energy mix, with the main obstacles being the delay in importing natural gas for power generation and
With the Cyprus government scrapping the €1.2 bln concession for the development of the Larnaca marina and port this week, one can only wonder if all public contracts are now under scrutiny,
Nicosia rejects Chevron’s improved omtimisation plan Cyprus has chosen to play hardball with the partners of the country’s first gas discovery, the 3.5 tcf Aphrodite offshore gasfield, made back in 2011,
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
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
