According to a recent announcement by the Cypriot Ministry of Energy, Trade and Industry, the Minister, Mrs. Natasa Pilidou had on Thursday 21/7/2022, "a meeting at the Ministry of Energy with a delegation of the Chevron consortium, led by the President of Chevron for Research and Production in the Middle East, Africa and South America…
Cyprus could become a European alternative to Russian gas dependency, which has caused geopolitical turbulence on the European continent.Photo by envato elementsThe Cypriot drilling "Cronos-1" started on Monday in block 6 of the Cyprus Exclusive Economic Zone (EEZ) by the consortium Eni and Total according to an announcement of the Ministry of Energy, Trade…
Turkey has made new provocative statements, with Interior Minister Suleyman Soylu this time claiming that the natural gas deposits in the eastern Mediterranean belong to Turkey.GREEEK LEOPARD 2 TANK (LEO2HEL) PHOTO: ENVATOThe Turkish Minister also spoke about the conversion of Hagia Sophia into a mosque and the opening of Varosha in Cyprus threatening Greece…
The British Foreign Secretary, Liz Truss, paid a visit to India in order to put diplomatic pressure on the Indian government's stance on Ukraine.Photo by Dr. S. Jaishankar (twitter)During talks with his British counterpart, Indian Foreign Minister Subrahmanyam Jaishankar backed India's "excellent offer" for oil imports from Russia.Responding to Truss hinting that India…
Exxon Mobil is preparing to begin drilling on plot 10 of Cyprus EEZ in the near future. The Stena Forth drilling rig that will carry out confirmation drilling in the "Glafkos" field of the plot, in order to determine with more precision the amount of natural gas contained in the field, has been anchored already…
Turkish Defense Minister Hulusi Akar appeared provocative again in an interview with a Turkish newspaper in which he talked about the militarization of the Greek Aegean islands and the Greek natural gas reserves that he proposed to "be shared" with Turkey.Turkish Defense Minister Hulusi Akar Photo by Chairman of the Joint Chiefs of Staff…
Turkey has issued a statement complaining for the new development with the licensing of Block 5 of the Republic of Cyprus to ExxonMobil and Qatar Petroleum and says that it shows who have sided against Turkey in the region.Specifically, it states: "Reports informing that Cyprus has granted a hydrocarbon exploration license to the ExxonMobil…
"There are solid indications that Greece - and in particular Crete - could host significant natural gas deposits," said Aristophanes Stefatos, CEO of the Hellenic Hydrocarbon Management Company (EDEY), speaking at a conference in Chania."Our mission is to encourage investors in every way possible to quickly proceed with the necessary seismic and geological surveys…