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  • Cyprus President Discusses Eastern Mediterranean Energy Plans With Chevron

Cyprus President Discusses Eastern Mediterranean Energy Plans With Chevron

FAMAGUSTA GAZETTE — President Nikos Christodoulides met with Chevron executives, including CEO Mike Wirth, on Monday to discuss energy developments in the Eastern Mediterranean, focusing on the strategic importance of…

Cyprus and ExxonMobil Discuss Energy Collaboration

FAMAGUSTA GAZETTE – President Nikos Christodoulides of Cyprus, accompanied by Energy Minister George Papanastasiou, met with ExxonMobil Vice President John Ardill to discuss the strategic development of Cyprus-US energy relations.…

Cyprus – Greece: Progress Made on Great Sea Interconnector Project

FAMAGUSTA GAZETTE – Developments are expected this week in the “Great Sea Interconnector” project, an initiative to establish an undersea electrical link between Cyprus and Greece. The Kathimerini newspaper reports…

Azerbaijan, Georgia, Türkiye, and Bulgaria Forge Green Energy Corridor

FAMAGUSTA GAZETTE – Azerbaijan, Georgia, Türkiye, and Bulgaria signed a Memorandum of Understanding Friday to establish a Green Energy Corridor, aimed at strengthening regional electricity transmission and trade. The agreement,…

Oil prices fall on world markets

The global price of crude oil has been falling rapidly since US President Donald Trump announced extensive tariffs. According to the Trading Economics tracking site , the price of WTI…

Finland To End Coal Use in Energy Production

FAMAGUSTA GAZETTE – Finland will cease using coal for energy production this spring, as energy companies Helen and Vantaan Energia prepare to shut down their final coal-fired power plants, the…

Nationwide Power Outage Strikes Syria

FAMAGUSTA GAZETTE – A nationwide blackout occurred Tuesday evening due to a malfunction in Syria’s electrical system, the General Electricity Transmission and Distribution Corporation reported. Khaled Abu Dai, head of…

EU Experts to Assist Cyprus with Aging Infrastructure

FAMAGUSTA GAZETTE – The European Commission will send experts to Cyprus to provide technical assistance for upgrading aging electricity and water networks, the Haravgi newspaper reported Tuesday. The support is…

World Bank Approves $173.5 Million Loan to Boost Azerbaijan’s Renewable Energy

FAMAGUSTA GAZETTE – The World Bank has approved a $173.5 million loan for Azerbaijan’s Scaling-Up Renewable Energy Project (AZURE), aiming to modernize the nation’s power grid and attract $384 million…

Drilling on Cyprus’ ‘Electra’ Target Delayed Due to Geological Pressures

FAMAGUSTA GAZETTE – Drilling on the “Electra” target in block 5 of Cyprus’ Exclusive Economic Zone (EEZ) by the Exxon Mobil-Qatar Energy joint venture has been delayed until next week,…

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