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U.S. firm finds huge gas reserve in eastern Mediterranean

Cypriot President Demetris Christofias visits the offshore Homer Ferrington gas drilling rig operated by Noble Energy in the east Mediterranean in November 2011.  /Reuters/Cyprus Public Information Office

Special to WorldTribune.com NICOSIA — A massive natural gas reserve has been discovered near Cyprus. A U.S. firm said the latest gas reserve was in the 12th block called Aphrodite in the eastern Mediterranean Sea, deemed by the Republic of Cyprus an Exclusive Economic Zone. Noble Energy said the deposit was estimated at 991 billion [...]

May 9th, 2012 | Posted in Cyprus,Exclusives,Israel,Mideast,Top Stories,Turkey | Read More »

Turkey’s Erdogan approves oil drilling off northern coast of Cyprus

Special to WorldTribune.com ANKARA — Turkey has reported the launch of energy exploration off the coast of Cyprus. Officials said the government of Prime Minister Recep Erdogan has approved the start of drilling off the coast of the Turkish Republic of Northern Cyprus. Officials said drilling, meant to rival a similar effort by the rival [...]

April 29th, 2012 | Posted in Cyprus,Daily Brief,Exclusives,Mideast,Turkey | Read More »

Turkish Navy cited for attempting to intimidate Israel, Cyprus over gas fields

Cypriot Foreign Minister Erato Kozakou-Marcoullis called Turkey the "neighborhood bully."  /Reuters/Murad Sezer

Special to WorldTribune.com NICOSIA — The Turkish Navy last month held live fire exercises near the natural gas fields of Israel and the Republic of Cyprus. Diplomats said Turkish warships were conducting live-fire maneuvers in the eastern Mediterranean in an apparent show of force toward Israel and Cyprus. They said the Turkish ships were firing [...]

January 13th, 2012 | Posted in Cyprus,Exclusives,Israel,Mideast,Top Stories,Turkey | Read More »

Cyprus reports major gas discovery in eastern Mediterranean

Special to WorldTribune.com NICOSIA — The Republic of Cyprus has announced a major offshore energy discovery. The Greek Cypriot government has reported a major natural gas discovery off the coast of Cyprus. Officials said the U.S. firm Noble Energy has found large quantities of gas at the Cyprus A-1 well in Block 12 in the [...]

January 6th, 2012 | Posted in Africa / Europe,Cyprus,Exclusives,Greece,Mideast | Read More »