Pessimism about demand growth is weighing on oil prices worldwide, as demand forecasts for 2024 have been steadily revised downwards. The International Energy Agency and Energy Intelligence (IEA) now see demand growing
With market analysts increasingly pricing in the likelihood of a Donald Trump victory in the US presidential election in November, investors are eyeing three specific sectors expected to benefit from his administration’s
Energy is an area of potential cooperation that was discussed during the state visit to the island of Germany’s President Frank-Walter Steinmeier. Talking to the press, Cyprus President Nikos Christodoulides said that
By Angeliki Ktoridi While the world faces numerous pressing issues, one that requires better understanding is the energy crisis and division in Cyprus, a Mediterranean island just below Turkey, and nestled between
The US energy security role is being questioned as natural gas exports receive new scrutiny. The Biden administration is reconsidering the way it licences new LNG export terminals, under pressure from climate
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
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
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
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
