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A service for energy industry professionals · Monday, April 14, 2025 · 803,257,029 Articles · 3+ Million Readers
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  • Published on 14:08 GMT

    Ministry confirms disappointing gas drilling results

    Drilling at the Elektra-1 well offshore Cyprus has found natural gas but not in marketable quantities, the energy ministry stated on Monday. “Well data and preliminary evaluation work indicate the presence of natural gas in non-commercial quantities,” the …

    Source: Cyprus Mail - Indeterminate
  • Published on Apr 12, 2025

    ExxonMobil pivots to Pegasus after Electra gas prospect disappoints

    ExxonMobil’s exploration drilling at the Electra prospect in Cyprus’s offshore Block 5 has been completed without discovering commercially viable natural gas deposits, industry sources said on Friday. The outcome, first reported by Middle East Economic …

    Source: Philenews In-Cyprus - Neutral
  • Published on Apr 10, 2025

    …We Can Help Expand Abraham Accords

    ATHENS, Greece — Greece’s Prime Kyriakos Mitsotakis told Breitbart News exclusively this week in an interview at his office here in Maximos Mansion his nation is prepared to help President Donald Trump as he seeks to expand the Abraham Accords and with …

    Source: Breitbart - Right-wing
  • Published on Apr 10, 2025

    President targets tech investments, touts economic growth, regional partnerships

    President Nikos Christodoulides this week presented the government’s rebranding drive during a roundtable with tech executives in San Francisco. The event focused on Cyprus’ role as an EU member country with strong ties to its Middle Eastern neighbours. …

    Source: Cyprus Mail - Indeterminate
  • Published on 10:34 GMT

    United Oil Secures Two-Year Extension for Jamaican Asset

    United Oil & Gas Plc has secured an early two-year extension to the Walton Morant license offshore Jamaica. The license for Walton Morant, where United holds a 100 percent working interest, has been extended to January 31, 2028, the company said in a …

    Source: Rigzone - Neutral
  • Published on Apr 12, 2025

    Cyprus awaits official word after Electra gas disappointment

    Cyprus is waiting for an official update on Monday after disappointing news from a major offshore drilling project. The drilling at the “Electra” target in block 5 of the island’s exclusive economic zone (EEZ) has not produced the expected results. Energy …

    Source: Cyprus Mail - Indeterminate
  • Published on Apr 12, 2025

    Cyprus to receive official ‘Electra’ drilling results by Monday, minister responds to report

    Cyprus is expecting an official update by Monday from energy companies regarding drilling results at the “Electra” prospect in Block 5 of the island’s Exclusive Economic Zone (EEZ), Energy Minister George Papanastasiou said. When asked about a philenews …

    Source: Philenews In-Cyprus - Neutral
  • Published on Apr 11, 2025

    BP Flags Weak Natural Gas Trading for Q1

    BP expects to post a weak natural gas trading result for the first quarter, as well as lower gas output, as the UK-based supermajor is resetting its strategy back to core oil and gas operations. Reported upstream production in the first quarter is expected …

    Source: Oil Price - Neutral
  • Published on Apr 11, 2025

    Mitsotakis: Greece is a Strong EU and NATO Member State, with Strategic Relations with the US

    ATHENS – Greece is a strong member state of the European Union and of NATO, and it is a country that has strategic relations with the United States it wants to deepen, and a country that can now jointly formulate European policies, Prime Minister Kyriakos …

    Source: The National Herald - Neutral
  • Published on Apr 10, 2025

    Cyprus means business: Christodoulides wraps up high-stakes U.S. investment tour

    President Nikos Christodoulides has wrapped up a whirlwind trip across the United States, pitching Cyprus as a solid bet for international investors and laying the groundwork for some big-name partnerships, particularly in finance, energy, and tech. The …

    Source: Knews Kathimerini - Neutral
  • Published on Apr 10, 2025

    The critical importance of decarbonising the upstream

    In 1859, the modern oil industry was born with the discovery of the first reservoir of viable petroleum in the US – and the world has never been the same since. Oil, with its abundance and multi-faceted uses, has become the primary energy source for …

    Source: Offshore Technology - Neutral
  • Published on Apr 10, 2025

    Christodoulides meets tech giants in US, Amazon and NVIDIA consider Cyprus presence

    President Nikos Christodoulides has concluded a successful series of meetings across the United States aimed at boosting the island’s profile as a reliable investment destination and leveraging its strategic advantages in key sectors, government spokesman …

    Source: Philenews In-Cyprus - Neutral
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