WorldOil Turkey accelerates plans to drill in disputed Mediterranean waters The eastern Mediterranean has become an energy hot spot with big finds for EU member Cyprus, Israel and Egypt in recent years, and Turkey’s push to secure a share of the resources in those waters has exacerbated strains in an already tumultuous region. EU sanctions Turkey over drilling in Cyprus’ economic zone The EU asset freezes and travel bans on two people, whom the bloc plans to identify later on Thursday, make good on its months-long vow to counter Turkey’s oil and natural-gas exploration in waters that are part of the exclusive economic zone of member country Cyprus. EU to sanction Turkish nationals over gas drilling off Cyprus European Union diplomats agreed to impose travel bans on two Turkish nationals and freeze their assets in retaliation for Ankara’s gas prospecting in disputed waters near Cyprus, two officials familiar with the matter said. Turkey to issue exploration licenses in contested waters, straining EU ties Turkey will issue new exploration licenses in the eastern Mediterranean now that it’s set a maritime border with Libya, President Recep Tayyip Erdogan said Thursday, a step liable to exacerbate strains with Greece and the European Union. Cyprus picks Chinese-led consortium for first LNG terminal contract Cyprus’ national gas company DEFA has selected a multinational consortium to construct the country’s first LNG terminal. Greece offers opportunity for Turkey if drilling disputes are resolved Greece’s foreign minister said his country could work together with Turkey to exploit natural resources, while urging Ankara to settle its Mediterranean drilling disputes. Cyprus ghost town becomes pawn in drilling dispute with Turkey A ghost town in Cyprus’s Turkish-controlled north has become the latest pawn in the conflict surrounding Turkey’s drilling for natural gas off the island’s shore. ExxonMobil makes 5 Tcf natural gas discovery offshore Cyprus ExxonMobil has said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well. Strategic opportunities for growth, expansion to be discussed at upcoming EMGC conference Gulf Publishing Company is pleased to announce that the Eastern Mediterranean Gas Conference (EMGC) will return to the Hilton Cyprus, in Nicosia, Cyprus, on March 21-22, 2018. EMGC 2015: Gas leaders examine roles of Egypt, Cyprus in future trade Gulf Publishing Company opened its third annual Eastern Mediterranean Gas Conference (EMGC) with a welcome from John Royall, President of Gulf Publishing Company.