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Turkey set to begin oil and gas drilling off Cyprus

Turkey will begin drilling for oil and gas near Cyprus in coming days, state-owned news agency Anadolu reported Foreign Minister Mevlut Cavusoglu saying on Thursday, a move that could stoke tensions with neighbouring Cyprus and Greece.

Drilling for hydrocarbons in the Ionian Sea to start in 2019

Drilling for hydrocarbons in the Ionian Sea, and specifically in the Gulf of Patras and Katakolo, will start in 2019, Yiannis Bassias, president of the Hellenic Hydrocarbon Resources Management S.A. (HHRM S.A.) said in an event on Tuesday.