Synergies ‘magic word’ for regional natural gas

Synergies are the ‘magic word’ for developing the region’s natural gas resources, Energy Minister George Papanastasiou told a summit in Limassol. At the Eastern Mediterranean Energy Conference, Papanastasiou said companies look for faster

Chevron Aphrodite talks drag on

US oil major Chevron, the operator of the Aphrodite gas field, has been given another new extension to reply to the government by December 1 over deadlocked negotiations. Energy Minister George Papanastasiou

Qatari team to explore Cyprus investments

A team from Qatar’s various investment funds will visit Cyprus to explore investment prospects in the infrastructure, energy and tourism sectors. President Nikos Christodoulides declared the move after meeting the Emir of

Tourism revenue boosting economy

Highlighting the sector’s pivotal role in the economy, official forecasts predict an increase in tourism’s contribution to the GDP this year to 12.8%, up from 12.2% in 2022. Tourist arrivals for January

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Cities’ vulnerability to climate risks

Cities are particularly vulnerable to physical climate risks, given their geography and topography, and because they include high concentrations of people, wealth, assets and infrastructure, accounting for around 80% of global GDP.