Oil and Gas News from OilGasDaily.Com  
OIL AND GAS
Italy's Eni says doesn't want 'gas well war' off Cyprus
by Staff Writers
Rome (AFP) Oct 10, 2019

The head of Italy's Eni said Thursday the oil and gas group would not drill off Cyprus should a row with Turkey over sizeable natural gas deposits see either side send in warships.

"I am not worried... (but) if someone turns up with warships, I won't drill wells," Claudio Descalzi said.

"I certainly don't want to start wars for wells," he told journalists on the sidelines of an Eni event in Rome.

EU member Cyprus last week accused Turkey of defying the bloc by sending another drilling ship to operate inside its waters in what it termed a 'severe escalation'.

Nicosia said Turkey has sent the drill ship Yavuz inside block 7 of its exclusive economic zone and continental shelf, a zone licensed to Eni and France's Total in an agreement signed last month.

According to the Cyprus government, the area where the Turkish vessel is operating is clearly defined under international law as Cypriot territorial waters.

The waters off Cyprus have attracted other international giants such as ExxonMobil and Shell. Sizeable natural gas deposits have been discovered in three areas but have yet to be extracted.

Turkey is opposed to Nicosia's energy exploration plans and wants a say in the development of hydrocarbons in the region.

Ankara also demands Turkish Cypriots on the divided island have their share of the profits from natural gas but argues a Cyprus solution must be found first.

Cyprus has pushed ahead with exploring for offshore energy resources despite the collapse in 2017 of UN-brokered talks to end the country's decades-long division.

Turkey has had troops stationed in the country since 1974 when it invaded and occupied its northern third after a coup sponsored by the military junta then ruling Greece.

fka/ide/cjo/jh

ENI

EXXONMOBIL

TOTAL

ROYAL DUTCH SHELL PLC


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Groundwater pumping could 'devastate' river systems
Paris (AFP) Oct 2, 2019
Rampant and unsustainable extraction of groundwater reserves crucial for food production will "critically impact" rivers, lakes and wetlands in half of Earth's drainage basins by mid-century, researchers warned Wednesday. Found underground in cracks in soil, sand and rock, groundwater is the largest useable source of freshwater on the planet and more than two billion people rely on it to drink or irrigate crops. But reserves are already under pressure as the global population explodes and crop ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Finding microbial pillars of the bioenergy community

Getting plastics, fuels and chemical feedstocks from CO2

Plant research could benefit wastewater treatment, biofuels and antibiotics

Fe metabolic engineering method produces butanetriol sustainably from biomass

OIL AND GAS
Prodiel and Power China are to build the 296 MW Potrero Solar Photovoltaic Plant in Jalisco, Mexico

National Solar Tour this weekend October 5/6 visits ABC Solar Research and Development

Scorching growth for renewables thanks to solar: IEA

DGIST achieves the highest efficiency of flexible CZTSSe thin-film solar cell

OIL AND GAS
Norway's Equinor, British SSE chosen for world's biggest offshore wind farm

Sparks fly as Germany's climate plan hits rural landscapes

Government vows action as German wind industry flags

Angry residents send German wind industry spinning

OIL AND GAS
Bill for long-delayed French nuclear plant rises to 12.4 bn euros

Japan power firm executives quit over $3 million gift scandal

GE Hitachi Nuclear Energy announces new reactor technology collaboration in Estonia

France says nuclear plant overruns 'unacceptable'

OIL AND GAS
Global climate 'rebellion' sees mass arrests and blocked roads

Hot air? Qatar claims stadium cooling not eco risk

World leaders to present carbon reduction plans at U.N. summit

Is theory on Earth's climate in the last 15 million years wrong?

OIL AND GAS
Crisis-hit Nissan names China unit head Makoto Uchida as new CEO

Volkswagen faces first mammoth diesel lawsuit on home turf

Volkswagen faces first mammoth diesel lawsuit on home turf

Revamped Uber app adds transit options, passenger safety features

OIL AND GAS
US condemns Iraq violence, urges govt to exercise 'restraint'

'Silencing' of Iraq protests coverage feared after attacks

Innovative Iraqis dodge net blackout to illuminate protest violence

'Enemies seek to sow discord' between Iran and Iraq: Khamenei

OIL AND GAS
NKorea says no talks unless US stops hostile policies; Xi and Kim hail relationship

Netanyahu: Israel needs billions invested for defense against Iran

Why Submarines for North Korea's Missiles

North Korea warns against Security Council meeting on missile tests









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.