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Middle East - Page 2

Oil and gas will be around ‘for quite some time’

The OPEC+ group of oil producers has extended its production cuts totaling 3.66 mln bpd until 2025, maintaining a controlled supply while taking advantage of the current price of the benchmark Brent

18th July 2024
Columnists/Energy/Markets/Middle East/World

From threat to opportunity

The threats fired against Cyprus this week by Hezbollah leader Hassan Nasrallah, as far-fetched as they may seem, should not be taken lightly. The Shia cleric and leader of the militant group

22nd June 2024
Comment/Cyprus/Editorial/Middle East

Why Israel must be supported

On the morning of October 7, 2023, I found myself reading the Economist when suddenly a message appeared on my phone. The Hamas terror attack in Israel was all over the news

22nd June 2024
Columnists/Comment/Life & Society/Middle East/World

Energean makes Egypt discovery, pays Q1 dividend

Energean plc, the London and Tel Aviv-listed exploration, production and commercialisation company, announced a significant find in offshore Egypt, continued natgas supply in Israel and a first quarter dividend. “We continue to

23rd May 2024
Companies/Energy/Markets/Middle East/World

InvestCyprus at AIM Congress in Abu Dhabi

Promoting Cyprus as an attractive investment and business destination and a gateway to the European Union was the main objective of the Cyprus Investment Promotion Agency’s (Invest Cyprus) participation at the Annual

13th May 2024
Cyprus/Middle East

Aphrodite faces uncertain future

Nicosia rejects Chevron’s improved omtimisation plan   Cyprus has chosen to play hardball with the partners of the country’s first gas discovery, the 3.5 tcf Aphrodite offshore gasfield, made back in 2011,

6th May 2024
Cyprus/Energy/Middle East

EU unveils €1 bln aid to Lebanon, but migration “must stop”

The European Union unveiled a €1 billion economic aid package for Lebanon in exchange for the country slowing migration flows, especially amid a sharp rise in Syrian refugees headed to Cyprus and

4th May 2024
Cyprus/Life & Society/Middle East

Oil ends week in negative territory, despite tensions

By Naeem Aslam   As geopolitical tensions escalate further after attacks by Israel on Iran, crude oil prices closed the week on a volatile note. Interesting to note when it comes to oil

21st April 2024
Energy/Markets/Middle East/World

Gold rebounds on market caution, aims for $2,400

Gold has recovered its recent losses, trading around $2,370 per troy ounce during Thursday’s Asian session. The safe-haven yellow metal gained ground as traders exercise caution amidst heightened geopolitical tensions in the

18th April 2024
Markets/Middle East/World

CSC demands release of MSC Aries crew

The Cyprus Shipping Chamber has called for the immediate release of all 25 crew on board the Portuguese-flagged containership MSC Aries that was seized by Iran on Saturday, in retaliation for Israel’s

15th April 2024
Cyprus/Maritime/Middle East
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Latest Comment

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The EU’s action plan for affordable energy

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