Hydrocarbons Exploitation

French oil company "Total" is quitting the energy search in Cyprus' Exclusive Economic Zone (EEZ) after coming to a dead end, as no evidence indicating the existence of natural gas reserves was discovered in blocks 10 and 11. According...

United Nations Special Adviser on Cyprus Espen Barth Eide said that, currently, the "Plan A" for the solution to the Cyprus problem is to have the Greek-Cypriot and the Turkish-Cypriot sides back to the negotiating table in order to have a positive outcome...