Tag Archives: Mediterranean

Chevron is considering the construction of a floating LNG terminal in the Eastern Mediterranean to use as an export hub for Asia and Europe. That’s according to Chevron’s global head of gas, who spoke to Japan’s Nikkei, saying that the Eastern Mediterranean was “being supplied really well, so [there’s] going …

U.S. oil and gas giant Chevron is looking to explore for natural gas off the coasts of Cyprus, Egypt, and Israel as the region’s energy demands grow. In a lease tender issued on Monday, the company is seeking a drilling vessel for 2024 with an option to extend its use …

Turkey has halted crude-oil flows to the Ceyhan export terminal on the Mediterranean coast as a precaution following a devastating earthquake, according to an official with knowledge of the matter. State pipeline operator Botas made the decision on Monday morning after an earthquake in eastern Turkey, which was followed hours …

The Eastern Mediterranean could become a “stable supplier of energy” to the European Union if the recent maritime border agreement between Israel and Lebanon spurs more investment in the region, the head of the company that launched the latest gas production project says. “I think there is a lot more …

Russia’s invasion of Ukraine has given a new boost to long-running efforts of Eastern Mediterranean states to tap into regional gas reserves amid concerns over energy security in Europe, experts have said. On Tuesday, Israeli Foreign Minister Yair Lapid travelled to Athens to meet with his Greek and Cypriot counterparts, …

Following in the footsteps of U.S. energy giant Exxon Mobil, Italian Eni and French Total are postponing their proposed gas exploration operations in the Eastern Mediterranean for about a year, according to reports Monday. The companies notified the Greek Cypriot administration about their decision to delay their drilling operations until …