East Med gas output is heading in the right direction
Eni and TotalEnergies strike more gas in Cyprus
The European producers celebrate further success in Block 6 but the East Med export conundrum remains unsolved
Italy’s Eni is hailing a “significant” gas discovery from its Cronos well in Cyprus’ Block 6. Its preliminary estimates are c.2.5tn ft³ (70.75bn m³) of gas in place, but it anticipates “significant additional upside that will be investigated by a further exploration well in the area”. Block 6 is also the location of Eni’s 2018 3-5tn ft³ Calypso discovery, for which there is no development plan. And the same goes for ExxonMobil’s 5-8tn ft³ Glaucus find in Block 10 in 2019. Operator Chevron is promising to present a development concept for the 4.5tn ft³ Aphrodite field in Block 12—delivering its gas “to Egypt and to European markets”—to Cyprus’ energy ministry by year-end. It was discovered in
Also in this section
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
9 December 2025
The group’s oil production declined in November, our latest analysis finds, amid divided sentiment over market balances and geopolitical jitters
