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Energy

Turkey Plans to Conduct Research South of Greece's Rhodes and Castellorizo

Turkey's State Petroleum Company ΤΡΑΟ intends to conduct scientific research to locate potential reserves of hydrocarbons south of the Greek islands of Rhodes and Castellorizo in the near future. According to what Greece's Kathimerini newspaper reported on Sunday, the Turkish...

Turkey Defies EU Sanctions, Vows to Continue Drilling off Cyprus

The Turkish Foreign Ministry issued a statement on Tuesday morning, commenting on EU Foreign Ministers' decision to go ahead with the first sanctions against Turkey, in response to its illegal activities off the coast of Cyprus. ''The conclusions adopted by...

Greece Signs Historic Agreement To Explore Natural Resources South of Crete

Greece signed a formal agreement on Thursday with the companies ExxonMobil, Total and Hellenic Petroleum (ELPE) to research and exploit the natural resources located south and west of the island of Crete, in the Mediterranean Sea. Many high-ranking officials, including Greek...

''No Matter What Tsipras Says, We Have Rights'' Turkey's Erdogan Says on Med Drilling

Turkish President Recep Tayyip Erdogan spoke to his party's Parliamentary group on Tuesday and made several remarks regarding his country's drilling activities in the region of Eastern Mediterranean. ''We have four vessels in the region and we have taken our...

Ankara Threatened EU Not to Take Sides on Turkish Drilling Activity in Cyprus' EEZ

Turkish diplomats sent a ''non-paper'' to all EU capitals but Cyprus on June 16, warning them not to take sides on its provocative drilling actions inside Cyprus' Exclusive Economic Zone (EEZ). According to Cyprus' Fileleftheros newspaper, Ankara sent a...

Premier Tsipras Announces US' ExxonMobil to Conduct Exploration South of Crete

Greek Premier Alexis Tsipras announced on Friday that the Greek government and the American Energy giant ExxonMobil will sign an agreement regarding energy exploration and drilling next week. Speaking to journalists in Brussels following the two-day European Council Summit, Tsipras...

Opposition Leader Mitsotakis Calls for National Unity and EU Sanctions Against Turkey

Greece's Leader of the Opposition Kyriakos Mitsotakis issued a video statement on Monday afternoon commenting on the recent developments between the nations of Cyprus, Greece and Turkey. The leader of the New Democracy Party said that for several months now, Turkey...

Turkey's Cavusoglu Calls Any Cyprus Energy Deal that Excludes Ankara "Invalid"

Turkey's provocative statements challenging the Republic of Cyprus' sovereign rights show no signs of ceasing, as Turkish Foreign Minister Mevlut Cavusoglu made another claim against Nicosia's right to exploit its energy resources on Friday. Speaking with Turkey's Anadolu news agency,...

Turkey Threatens Cyprus Over Potential Arrest Warrant For Drillship Crew

Turkey's Foreign Ministry spokesman Hami Aksoy issued a statement on Monday concerning reports on Cypriot and Greek media that Nicosia had issued arrest warrants for the personnel of Turkey's ''Fatih'' drilling vessel. "If it dares to do so ,...

High-Ranking US Official Visits Cyprus to Hold Crucial Meetings

Matthew Palmer, the Deputy Assistant Secretary at the US State Department Bureau of European and Eurasian Affairs, came to Nicosia on Thursday to pay an official visit to the Republic of Cyprus. Palmer will meet with the President of the...