Posts by tag: United States

Archives March 13, 2013 posted by

Cyprus Today

Confirmation drilling to start in Q3

NOBLE Energy is due to start confirmation drilling for hydrocarbons in Block 12 in Cyprus’ exclusive economic zone between July and September this year, commerce minister Giorgos Lakkotrypis said yesterday.

“The confirmation drilling is expected to take place in the third quarter of 2013,” Lakkotrypis said. 

Lakkotrypis added that in addition to the confirmation drilling, Noble was due to start a second exploratory drilling also between July and September, to look for a potential second gas field in Block 12. 

Block 12 holds an estimated gross mean of 7 trillion cubic feet of gas, but a second drilling is necessary to confirm the size of gas reserves. 

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Archives March 15, 2012 posted by

Pro-Assad rallies mark anniversary of Syria revolt

Huge crowds took to the streets of Syria’s cities on Thursday in an orchestrated show of support for President Bashar al-Assad on the first anniversary of a bloody revolt against his rule that shows no sign of ending.

Turkey hinted it might consider supporting a “buffer zone” inside Syria to cope with a flow of refugees across its border that has increased sharply following a recent government offensive against rebels in the nearby Idlib region.

Opposition activists said pro-Assad forces shot at crowds in various locations when they tried to protest against the regime, but residents reported that demonstrators did gather in the smart Shaalan district of Damascus to voice their anger.

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Archives February 4, 2012 posted by

Russians stage rival protests over Putin

Tens of thousands of Russians defied bitter cold in Moscow on Saturday to demand fair elections in a march against Vladimir Putin’s 12-year rule, and thousands of others staged a rally supporting the prime minister.

Opposition protesters also organised smaller protests in other cities across the vast country, one month before the March 4 presidential election which Putin is expected to win.

Putin was president from 2000 until 2008, when he ushered Dmitry Medevedev into the Kremlin because of a constitutional ban on three successive terms as head of state. Putin became prime minister but remained the dominant leader.

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Archives December 18, 2011 posted by

Climate change: it really isn’t all bad news

EXTREME weather is often said to be one of the main reasons for taking firm action on global warming. Nowadays, no hurricane or heat wave passes without a politician or activist claiming it as evidence of the need for a global climate deal, like the one that just got postponed until the end of the decade in Durban, South Africa.

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Archives November 14, 2011 posted by

New Italian, Greek governments race to limit damage

Technocrat leaders in Italy and Greece were rushing to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, with stocks and the euro rising when markets opened in Asia.

Italy’s president asked former European Commissioner Mario Monti on Sunday to form a government to restore market confidence in an economy whose debt burden is too big for the euro bloc to bail out.

Investors will pass initial judgment on his leadership when Italy’s Treasury asks investors on Monday to bid for up to 3 billion euros ($4 billion) in five-year government bonds. At an auction last week, the government’s borrowing costs surged above 6 percent and kept rising to levels well beyond what the country could afford to pay over the longer term.

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