The government rejected a plan submitted by a Chevron-led consortium to develop the Aphrodite gas field.

The offshore Aphrodite natural gas field being developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners ...

Israel's NewMed Energy on Monday said it was moving forward with development of the Aphrodite natural gas field offshore Cyprus and reported a drop in quarterly profit as new tax regulations took ...