energy

Two Turkish officials on EU sanctions list

Two senior officials of the Turkish Petroleum Corporation (TPAO), Mehmet Ferruh Akalin and Ali Coscun Namoglu, are on the EU sanctions list for Turkey illegally drilling within Cyprus’ Exclusive Economic Zone. The restrictive

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Energean to acquire Greek block from Total

Greek firm Energean is to acquire Total’s stake in Block 2, offshore Western Greece, providing further exploration opportunities in its core area of the Eastern Mediterranean with limited financial exposure. The Israel

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50 MW Limassol solar park awaits green light

Construction of a 50 MW solar park in Alassa, Limassol is ready to launch once the legal services study the agreement between the consortium and the state, allowing the government to issue

Britain underlines opposition to Turkish drilling

The UK Foreign Office has assured the Cypriot diaspora that Britain opposes any illegal activity by Turkey inside Cyprus waters. This position is contained in an FCO letter to 15 UK Cypriots

Cyprus and Norway to sign MoU on energy

Cyprus and Norway will sign a Memorandum of Understanding (MoU) on energy issues to provide for the exchange of expertise and sovereign fund management. The MoU under discussion contains specific areas such

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