Oil and gas

Economy

Bilateral agreement near on 'Aphrodite - Ishai' gas field, informed sources say

Informed sources said that the final draft, which includes the Israeli side's comments, has been sent to Cyprus

07:55 - 16 January 2026

Economy

Annual 5.6% increase in petroleum product sales in November

Increases were recorded in the supply of petroleum to ships (97.4%) and aircraft (27.5%), among others

07:50 - 30 December 2025

Economy

Michael Damianos: The United Arab Emirates is interested in investing in the Cypriot EEZ and the terminal at Vasilikos

An initial discussion took place and everything will depend on the study that will be delivered, the Energy Minister said

14:12 - 17 December 2025

5344344005259095 Christodoulides La Rosa Chevron

Economy

Nikos Christodoulides: We need to accelerate procedures with Egypt so that we can begin using the Aphrodite deposit

The President noted there had been many developments in the energy sector since he last saw Chevron's Javier La Rosa

14:01 - 08 December 2025

5332019643974227 Energean CEO Mathios Rigas

Economy

Israel–Cyprus gas pipeline can be ready within 12 months of approval, Energean CEO says

Mathios Rigas noted that the project, with an estimated cost of 350–400 million dollars, can be completed within 12 months from permits being issued

07:39 - 24 November 2025

Economy

Components to be installed on 'Prometheus' vessel by early December, ETYFA Chairman reveals

'Prometheus' is an LNG tanker, under Cyprus' flag, intended to be used as an FSRU, eventually connected to Vasilikos Terminal, to provide Cyprus with natural gas

07:32 - 24 November 2025

Economy

Cyprus and Egypt sign commercial agreements for Cronos exploitation

The agreements were signed in the presence of Energy Minister George Papanastasiou and Egypt's Minister of Petroleum and Mineral Resources Karim Badawi

07:52 - 21 October 2025

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