hydrocarbons

Greek Experts Indicate Possibility of Large Hydrocarbon Deposit South of Crete

A statement issued by the Hellenic (Greek) Hydrocarbon Resources Management (HHRM) department on Thursday, says that reliable research results indicates that the seabed region south of the Greek island of Crete might contain large quantities of hydrocarbons. ''The team of...

Turkey Resolute in Continuing to Drill in East Mediterranean, Erdogan Says

Turkey is determined to continue to explore hydrocarbon resources in the Eastern Mediterranean, Turkish President Recep Tayyip Erdogan declared on Thursday. Ersin Tatar, the prime minister of the so-called Turkish Republic of Northern Cyprus, was on an official visit to Ankara...

Fourth Turkish Research Ship Heads for Eastern Mediterranean

The fourth Turkish oil and gas research ship, the "Oruc Reis," is on its way to the eastern Mediterranean, Turkish Foreign Minister Mevlut Cavusoglu said via Twitter on Monday. His tweet was in response to Turkish Republican People's Party (CHP)...

Cyprus Issues Navtex in Response to Turkish Violations

Cyprus on Friday issued a navigational telex reserving parts of blocks 2 and 3 of its Exclusive Economic Zone (EEZ) for naval exercises. The coordinators of the naval exercises will use real fire from July 1 to July 10. The...

Turkish V.P. Says Country Will Not Back Down

"Turkey will not back down in the slightest from its interests Wn hydrocarbons, neither in Cyprus, nor in the Aegean, nor in the Eastern Mediterranean," Turkish Vice President Fuat Oktay said on Monday. Speaking to the Turkish National Assembly on...

ExxonMobil Drillship Sails To Cyprus Amid Turkish Threats

A drillship leased by ExxonMobil continues its journey through the Mediterranean towards Cyprus, where it is expected to arrive on November 12. The Stena IceMax ship has passed the southern coast of Spain, as Turkey was again warning that it...

Anastasiades: We will Cooperate with Turkey on Energy if Cyprus Issue Solved

Cypriot President Nikos Anastasiades expressed Cyprus' willingness to cooperate with Turkey on the exploitation of natural gas in the eastern Mediterranean. Speaking on Friday at the 14th Economist conference, Anastasiades stated that Cyprus and Turkey can collaborate on energy matters...

Turkish Defense Minister Again Threatens Greece and Cyprus

In statements made on Friday, Turkish Defense Minister Hulusi Akar continued his recent string of threatening rhetoric directed towards Greece and Cyprus, this time stating that Ankara will not accept a "fait accompli." Speaking at Turkey's National Assembly during a...

Turkey's AKP to Cyprus, Greece: 'Refrain From Actions Against Fatih'

In a warning issued on Wednesday, Ömer Çelik, the spokesman of Turkey's ruling AKP party stated that Greece and Cyprus should refrain from taking any actions against the drilling vessel "Fatih" (Conqueror) in the eastern Mediterranean. Çelik added that Turkey's natural...

Cyprus Will Fully Implement Energy Plans: Defense Minister

In an interview with the state-run Cyprus News Agency, the country's Defense Minister Savvas Angelides expressed his view that, following the correct steps without provoking disputes, the country's energy plans will be fully realized. At the same time, he called...