The Commerciality Declaration for Cyprus’ Glaucus and Pegasus gas discoveries made this week marks an important milestone – not only for the island, but also for ExxonMobil’s wider Eastern ...

"Based on preliminary interpretation of the well data, the discovery could represent an in-place natural gas resource of approximately 5 trillion to 8 trillion cubic feet (142 billion to 227 billion ...

The Republic of Cyprus, ExxonMobil and QatarEnergy have signed a declaration on the commercial viability of the Glaucus and ...

Tribune News NetworkDohaQatarEnergy has signed a commercial discovery declaration for the Glaucus and Pegasus fields in Block ...

Exxon Mobil maintains a sizable lead in quarterly revenue, while both energy giants report steady results with only minor ...

Exploration drilling at the Elektra-1 well in Block 5 of Cyprus’s Exclusive Economic Zone (EEZ) has concluded without the discovery of commercially viable quantities of natural gas, Cyprus’s Ministry ...

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday. Drilling operations had been completed at the ...

ExxonMobil drilled a non-commercial well in Block 5 offshore Cyprus. The drillship will now move to the adjacent Block 10 to drill the Pegasus-1 exploration well. ExxonMobil Exploration and Production ...

ExxonMobil slipped as crude weakened after a United States-Iran de-escalation roadmap reshaped sentiment across oil and gas ...

ExxonMobil's Elektra exploration well off the coast of Cyprus has been deemed uncommercial in a blow to the country's bid to develop offshore gas resources, the Cyprus Energy Ministry said on Monday.