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Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.

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Offshore Energy·Jul 28·1 min read

Eni and TotalEnergies take FID for Cyprus’ first gas development

Italian major Eni and France's TotalEnergies have formally reached a Final Investment Decision (FID) to develop natural gas resources within the Republic of Cyprus' Exclusive Economic Zone (EEZ). This

ENI S.p.A.TotalEnergies SE

Eni, TotalEnergies take FID on Cyprus gas project to supply LNG to Europe

Italian major Eni and France's TotalEnergies have reached a Final Investment Decision (FID) to commercialize the offshore Cronos discovery, marking a pivotal br

LNG Prime·Jul 28·ENI S.p.A.TotalEnergies SE

Petroleum sales fall 8% in June, stocks down sharply

Official data reveals a notable 8% year-on-year contraction in Cyprus's petroleum product demand for June 2026, alongside a sharp month-on-month inventory drawd

In-Cyprus·Jul 27·TotalEnergies SE

Aphrodite Group Secures MOU for Sale of Cypriot Gas to Egypt

A pivotal commercial milestone has been achieved for Cyprus's inaugural offshore gas discovery through a trilateral memorandum of understanding between the Aphr

Rigzone·Jul 24·Chevron CorporationAphrodite

All signatures secured for Aphrodite gas sales MoU with Egypt

The joint venture partners in Cyprus' offshore Block 12 have formalized an initial commercial framework to export the entirety of the Aphrodite field's natural

Cyprus Mail·Jul 22·NewMed EnergyAphrodite
Jul 22

Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt

Jul 21

$6.2-billion FID enables ADNOC, TotalEnergies, Eni, and CNPC to unleash more gas

Jul 19

Türkiye-TRNC pipeline could expand into strategic corridor: Analysts

Jul 18

Canada Unveils New Pipeline to Cut Reliance on U.S. Oil Routes

Jul 18

Forgotten Shale Gas Play Reemerges as Oil Hot Spot

Jul 17

Oil Jumps on Fears of Wider Iran War

Jul 17

India Proposes Stricter Vehicle Emission Rules To Cut Oil Consumption

Jul 17

BP, ConocoPhillips Partner In Iraq’s Giant Oilfield

Jul 17

US Oil Drilling Picks Up As Brent Gains 4%

Jul 17

Jeff Currie: Illusion of Oil Abundance Is Gone