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With the energy picture in the region in flux due to the Ukraine war and the global pressure to end dependence on Russian oil and gas, Cyprus and Israel have ramped things up a notch,
Cyprus and Lebanon are ready to cooperate and exploit undersea gas fields between the two countries, according to Lebanese Foreign Minister Abdallah Bou Habib, who was on an official visit to the island Friday where
Eni to work with Egypt and others to find alternative gas for Europe. The oil major pledged to bring more than 14 trn cubic feet of additional gas to the global market and mitigate Europe’s
ExxonMobil and Qatar Petroleum, consortium partners in Block 10 of Cyprus’ Exclusive Economic Zone have found “high-quality natural gas” in the ‘Glaucus-2’ appraisal well, the energy ministry said Monday. In a statement, the ministry said that
Russia’s war in Ukraine appears to have boosted the importance of the Eastern Mediterranean’s natural gas deposits. The EU has resolved to end its dependency on Russian gas, oil and coal by 2027. Whether it
Oil and gas exploration and production company Energean has connected its operated Karish gas field to the Israel National Gas Line (INGL), saying it is an important milestone in facilitating the operational readiness of the
Minister of Petroleum and Mineral Resources Tarek El Molla stated that Egypt’s natural gas production can meet all local market demands and that there is a surplus for exports, pointing out that Egypt is working
EGYPS Strategic Conference on the first day drove high-level dialogues promoting international cooperation with energy majors, industry organizations and governments to create a connected, monetized and decarbonized pathway for the region’s emerging markets and deliver
It was triumphantly hailed by the government as the biggest and most important energy project ever undertaken by the Cyprus Republic, when the contract for the LNG import and regasification terminal was signed in December
The LNG import project has run into serious difficulty. Initially set to be delivered by autumn 2022, the new – but only tentative – delivery deadline for it is mid-2023. For the delays, the contractor is