ExxonMobil and QatarEnergy announced a major gas discovery in Block 10 offshore Cyprus.

The entities involved

• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
• QatarEnergy →

  Qatari state-owned oil company

  Nothing else this week.

• Cyprus →

  country in the Mediterranean Sea

  • Leaders from Greece, Egypt, and Cyprus are meeting to advance cooperation on natural gas and energy matters through a Trilateral cooperation mechanism.Mon 17:18
  • IMF previously warned Cyprus regarding its fiscal policy, and Eni operates petrol stations in Italy.Mon 16:23

Related events

• QatarEnergy is pursuing diverse global energy projects, including studying Cypriot gas via Egyptian infrastructure, discovering hydrocarbons in the DRC, and seeking exploration targets in Syria.Sep 6
• ExxonMobil is seeking to unlock Trinidad’s offshore potential, using Guyana’s successful oil drilling operations as a blueprint.Jun 7
• Major energy companies, including Shell, ConocoPhillips, and QatarEnergy, are forming strategic partnerships for oil and gas sales globally.Jun 19
• Cyprus is deepening cooperation with international partners on energy, trade, and security, including funding for air base expansion projects.Sep 15
• Cypriot gas is planned to utilize Egyptian infrastructure for export, providing pivotal liquefaction facilities for the European gas market.Sep 2