LNG Market: Trends and Outlook
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LNG Market: Trends and Outlook

TRANSPORTING NATURAL GAS? NOT ONLY PIPELINES. Traditionally, natural gas is imported via pipeline. This is the method of choice for transporting large quantities of gas at the regional…

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Lebanon planning to launch FSRU tenders
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Lebanon planning to launch FSRU tenders

Source from the Ministry of Energy and Water informed our website that Lebanon is planning to relaunch a tender for an FSRU and LNG imports within the coming…

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Waiting for good news from Lebanon
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Waiting for good news from Lebanon

After months of inertia there appears to be a renewed drive within Lebanon’s government to pass the two decrees needed to launch the country’s first offshore licensing round.…

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ENI/KOGAS Face Another Dry Hole in Cyprus’ EEZ
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ENI/KOGAS Face Another Dry Hole in Cyprus’ EEZ

    The ENI/KOGAS consortium failed to find exploitable amounts of natural gas in Block 9 of Cyprus’ EEZ.The disappointment is the second one of its kind since…

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النواب الغافلون عن مصلحة لبنان
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النواب الغافلون عن مصلحة لبنان

سنوات انقضت ومجلس النواب لم يقر القوانين التي تسمح بانجاز اتفاقات للبحث والتنقيب عن النفط والغاز في لبنان، وليس ثمة ما يشير الى قرب اهتمامهم بهذا الموضوع. فالقضايا…

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ENI needs time out after second dud
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ENI needs time out after second dud

ENI’s failure to locate commercially exploitable natural gas reserves in the Amathusa prospect was always the more probable scenario, but regardless, the latest setback should not discourage Cyprus…

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ENI-KoGas asked to re-evaluate model after second failed drilling
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ENI-KoGas asked to re-evaluate model after second failed drilling

Energy minister Yiorgos Lakkotrypis said that Italian and South Korean consortium ENI-KoGas wants two years to re-evaluate geological model after it failed to find exploitable hydrocarbons in Block 9…

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US drillers scrambling to thwart OPEC threat
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US drillers scrambling to thwart OPEC threat

OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in…

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Noble Energy sees significant oil potential in the Levant basin
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Noble Energy sees significant oil potential in the Levant basin

The Eastern Mediterranean is on the road of becoming a major hydrocarbon producer, John Tomich, Noble’s Energy Cyprus country manager have said, while underlining that there is significant oil…

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ENI drilling results expected soon
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ENI drilling results expected soon

The ENI-KOGAS consortium will announce “soon” the results of their exploratory drilling at the offshore Amathusa prospect, energy minister Giorgos Lakkotrypis said on Tuesday. He was speaking to…

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