US firm Noble Energy has begun exploratory drilling for oil and gas off the coast of Cyprus, despite earlier warnings by Turkey that it will send warships to protect its claims to resources.Cyprus’ energy chief says US firm Noble Energy has begun offshore exploratory drilling for oil and gas. Solon Kassinis told the AP on Monday that rig workers have already drilled about 80 meters (260 feet) beneath the seabed inside the island’s exclusive economic zone, which is close to sizable gas finds within Israeli waters.Turkey escalated a dispute with Cyprus over oil and gas drilling in the eastern Mediterranean, saying Monday that it would send warships to protect its claims to resources off the coast of the divided island.Cyprus has said that it has political backing from the international community to drill for oil and gas off its shores.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor