Tag: natural gas

ExxonMobil confirms 8–9 trillion cubic feet of natural gas in Cyprus

Cyprus September 26, 2025 at 10:28

Cyprus natural gas reserves in the ‘Pegasus’ and ‘Glaucus’ fields could amount to between 8 and 9 trillion cubic feet, according to ExxonMobil. Government spokesperson...

Ukrainian arrested in Italy over Nord Stream blast

International August 21, 2025 at 16:40

German prosecutors say a Ukrainian man has been arrested in Italy in connection with the Nord Stream blast, the 2022 explosions that blew up...

Encouraging findings at “Elektra-1” well, Energy Ministry says

Economy April 14, 2025 at 15:33

The presence of natural gas in non-commercial quantities was confirmed by the data collected from the “Elektra-1” exploration well in Block 5 of the...

EAC aims to cut electricity costs with fuel deals

Economy April 11, 2025 at 13:30

The Electricity Authority of Cyprus (EAC) is working to pre-purchase lower-cost fuel in a bid to reduce electricity prices, according to EAC President Giorgos...

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