NICOSIA, Cyprus — ExxonMobil could partner up with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits they’ve discovered close to each other off Cyprus’ southern coast, the Cypriot energy minister said Friday. Cyprus officials have repeatedly said that offshore gas deposits could bolster Europe’s efforts to secure alternative energy sources following Russia’s …
NICOSIA, Cyprus — The governments of seven European Union member states said Friday the situation in Syria should be re-evaluated to allow for the voluntary return of Syrian refugees back to their homeland. The seven countries said the EU should further boost support for Lebanon to “mitigate the risk of even greater flows from Lebanon to the EU.” “Decisions as …
NICOSIA, Cyprus — The Cyprus government has given Chevron another six months to come up with a revised plan to develop a sizeable natural gas deposit off the island nation’s southern coastline after an earlier plan proposed by the U.S. energy company lacked a timetable, an official said Thursday. In a reply letter last Thursday, Cypriot Energy Minister George Papanastasiou …
NICOSIA, Cyprus — The Cyprus government and U.S. energy company Chevron have reached a deal on how to develop the Aphrodite gas field, the first to be discovered under the seafloor off Cyprus, an official Friday. The agreement is “mutually beneficial” for both Cyprus and the company, the Cypriot official told The Associated Press but did not disclose further details. …