Turkey to drill for gas off Cyprus, Turkey’s Foreign Minister says
Permalink

Turkey to drill for gas off Cyprus, Turkey’s Foreign Minister says

Cyprus will not be dragged into the climate of tension created by Turkey, government spokesman…

Continue Reading →

Cyprus Cabinet approved Budget for hydrocarbons company
Permalink

Cyprus Cabinet approved Budget for hydrocarbons company

The 2018 budget for the Cyprus Hydrocarbons Company (CHC) of €6m was approved on Wednesday…

Continue Reading →

Israel to amend contract’s terms ahead of a 2nd licensing round
Permalink

Israel to amend contract’s terms ahead of a 2nd licensing round

Israel is expected to alleviate further its contract terms in the hope of attracting more…

Continue Reading →

Egypt Minister of Electricity announces price increases on average 35%
Permalink

Egypt Minister of Electricity announces price increases on average 35%

Minister of Electricity Mohamed Shaker announced on Tuesday an increase in electricity prices effective July…

Continue Reading →

Delek 200 million to export Israeli gas to Egypt via a subsea pipeline.
Permalink

Delek 200 million to export Israeli gas to Egypt via a subsea pipeline.

Delek announced on Monday that it would hold a special shareholders’ meeting on July 1…

Continue Reading →

Delegation from ExxonMobil in Cyprus ahead of Autumn drilling
Permalink

Delegation from ExxonMobil in Cyprus ahead of Autumn drilling

A delegation from US energy giant ExxonMobil led by the company’s vice-president for Europe, Russia,…

Continue Reading →

East Med drilling ‘a milestone in Turkish energy history’
Permalink

East Med drilling ‘a milestone in Turkish energy history’

Turkey’s first drilling rig is currently at Antalya being loaded with drilling equipment waiting to…

Continue Reading →

Lebanese Navy set for bigger energy exploration role
Permalink

Lebanese Navy set for bigger energy exploration role

While rarely in the public eye in the past, Lebanon’s Navy is set for an…

Continue Reading →