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'Eni, Total Near Approval of Cyprus Gas Project to Supply Europe' - Bloomberg

Jul 23, 2026 · 02:35 PM ET· updated 2h ago

https://www.bloomberg.com/news/articles/2026-07-23/eni-total-near-approval-of-cyprus-gas-project-to-supply-europe

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Why It Matters

Two big oil companies are getting close to finishing a plan to pump natural gas from under the ocean near Cyprus and send it to Europe. When companies get approval to start big projects, it usually means they believe they can make money and will hire workers, which is a sign of confidence.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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