Cyprus
Oruç Reis off Kyrenia: Turkish minister says a gas pipeline to the occupied north could carry Cypriot gas to Europe
Turkey’s seismic research vessel Oruç Reis has reached waters off Kyrenia to survey the route of a planned…
Desk
Economy & Energy
News and analysis on the global economy, energy security, oil and gas, sanctions, trade and the economic impact of geopolitical developments.
Economy & Energy
Putin: Russia ready to supply oil to the US; Zelensky calls Trump’s diesel decision “weak”
After his phone call with Donald Trump on October 9, Vladimir Putin said in a written statement that…
Cyprus
Cyprus and Israel back at the table over “Aphrodite”: new round of talks next week
Cyprus and Israel will hold a new round of online talks next week on the cross-border gas reservoir…
Cyprus
Mitsotakis on the GSI: “It is no longer only a Greek and Cypriot project, it is a European one”
Prime Minister Kyriakos Mitsotakis said in a SKAI interview on October 9 that the Great Sea Interconnector is…
Economy & Energy
Trump says he “agreed with Putin” that Russia will supply millions of tons of diesel; US eases sanctions until April 2027
Donald Trump announced on October 9 that Vladimir Putin agreed to supply over 300,000 tons of diesel immediately,…
Cyprus
Egypt, Cyprus and Greece push to speed up East Mediterranean gas projects, with Cyprus’s Cronos and Aphrodite fields on the table
The energy ministers of Egypt, Greece and Cyprus met in Athens on the sidelines of the Eastern Mediterranean…
Cyprus
Ionian: Drilling at “Asopos 1” in early 2027; Navtex for Greece–Cyprus interconnection “a matter of days”
The exploratory well in Ionian Sea block 2 is planned for April 2027 by Energean, ExxonMobil and Helleniq…
Balkans
Black Sea: Ship carrying Ukrainian grain sinks in Romania’s EEZ with two dead; Zelenskyy blames Russian drone strike
A cargo ship carrying Ukrainian grain sank in Romania’s EEZ after a fire, leaving two dead and eleven…
Air Force
SBU says drones hit Su-35 and Su-34 in Adygea as Kyiv claims 51% of Russian refining disabled
Ukraine’s SBU says drones hit a Su-35, a Su-34 and an ammunition depot in Adygea on October 4,…
Economy & Energy
Iran’s oil minister resigns as Gulf exports recover, with 40% bypassing Hormuz
Iran appointed Hamid Bovard acting oil minister on October 4. Kpler estimates that other Gulf producers have restored…
Greece
Greek MP says Greece backed down twice at Kasos after Turkish pressure
New Democracy MP Angelos Syrigos says Greece backed down twice during 2024 seabed surveys near Kasos, a description…
Greece
GSI reroute claims raise geographic questions as Greece says original plan stands
Greece says it knows of no redesign of the Great Sea Interconnector. Public descriptions of the Crete–Cyprus cable…