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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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

France backs Cyprus in energy row with Turkey

France supports Cyprus in an escalating dispute with Turkey determined to drill for energy resources in Cypriot waters, said French Defence Minister Florence Parly on Tuesday. Parly met Cyprus President Nicos Anastasiades

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Power surge for electric vehicles

In a push to promote electric vehicles the government is preparing another incentive scheme to tempt motorists to scrap their conventional cars by essentially offering them a way to charge their electric

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