With the issue of the first ‘green bond’ which will be listed in the Cyprus Stock Exchange by Scandinavian Solar Parks, new opportunities emerge for retail and institutional investors to diversify in
The government has granted the Aphrodite gas field operator, US giant Chevron, another week extension to agree on the untapped reservoir’s development plan. Israel’s NewMed Energy, a partner in the Aphrodite consortium,
Nicosia is confident that a dispute with US energy giant Chevron over the commercial exploitation of Aphrodite’s untapped natural gas could still end with an agreement despite continuous extensions to – so
Developments are expected in the coming days for a win-win outcome in discussions with US oil major Chevron over the dispute about exploiting the Aphrodite gas field, said Energy Minister George Papanastasiou. Nicosia granted
Oil prices fell in October due to mixed data amid weakening demand in China and the US, even after OPEC and the IEA forecast demand growth this year and next. The latest
China is expected to account for almost half of the total growth in global gas demand between 2022 and 2026. A new UN report, ‘The Production Gap – Phasing down or phasing up’, said that
The Independent Power Transmission Operator of Greece (IPTO) intends to establish a subsidiary Special Purpose Vehicle (SPV) to facilitate the potential entry of the government and other potential investors into the electricity
Strange developments on the EuroAsia electricity cable project after the Energy Minister declared that despite its criticism, the Cyprus government will participate after all. This was done by redirecting the €100 mln
Final decisions on developing the Aphrodite gas field will be made on November 20, NewMed Energy said in a statement to the Tel Aviv Stock Exchange. It said the consortium partners will
Energy Minister George Papanastasiou believes developing infrastructure to harness the natural wealth in the Cypriot Exclusive Economic Zone (EEZ) is critical. He argued that while Cyprus boasts significant natural gas reserves, the lack
