Daily news and original analysis on the Cyprus and Eastern Mediterranean oil & gas sector.
Shell is divesting its stake in the Aphrodite gas field and its Cypriot subsidiary to MOL Group, a move that sees a major international oil company reduce its East Med footprint while a Central Europe
Hungarian energy firm MOL has acquired Shell's 35% non-operated interest in Cyprus's Aphrodite gas field for $720 million, marking a strategic shift in the fiel
Energy company Shell said on Friday it had agreed to sell its BG Cyprus unit to Hungarian oil and gas firm MOL Group for up to $720 million, as the British oil
Shell has agreed to sell its wholly owned subsidiary BG Cyprus to MOL Group for up to $720 million, giving the Hungarian energy company a 35% stake in Cyprus' A
Shell has agreed to sell its BG Cyprus unit to Hungarian oil and gas firm MOL Group for up to $720 million, Reuters reported, as the British energy major sharpe