Investors need to take seriously the recent surge in oil prices due to heightened tensions in the Middle East and North Africa, warned the CEO and founder of a leading independent financial
Consumers might find themselves with a bit more room in their holiday budget for Christmas this year, as stakeholders predict a continued drop in fuel prices. Anticipating further reductions at petrol stations,
Construction of the €1.9 bln section of an electricity cable that will connect the power grids of Greece and Cyprus is slated to begin in the new year, according to news reports,
Energy Minister George Papanastasiou has confirmed the successful conclusion of negotiations between the Cyprus government and Chevron, the U.S. energy company, regarding the development of the Aphrodite offshore natural gas field. The
Energy companies operating in the Eastern Mediterranean- Chevron, ENI, Shell, and ExxonMobil- reaffirmed their commitment to exploiting natural gas. US oil major Chevron, which operates Aphrodite, considered the most mature gas field
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