The European Commission has maintained a proposed pipeline connecting the gas reserves in the Eastern Mediterranean to Greece via Cyprus and Crete on its new list of Projects of Common Interest (PCI)
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
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
The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and energy implications: the Russo-Ukrainian war, the Nagorno-Karabakh conflict, and the Israeli-Palestinian (Hamas). These
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
