Natural gas power plant green-lighted

A long-awaited private natural gas power plant, adding to Cyprus’ energy capacity and helping to reduce CO2 emissions, is expected to be greenlighted after long delays. Larnaca District Officer, Odysseas Hadjistefanou, said

Cyprus can supply natural gas to EU faster

President Nicos Anastasiades believes Cyprus could transport natural gas sooner to Europe if Brussels invested in constructing the necessary infrastructure. In an interview with Germany’s Die Welt newspaper, he argued the EU


Sentiment slips in Europe

By Craig Erlam Stock markets in Europe turned lower again on Wednesday, while US futures are more mixed, similar to what we saw in Asia overnight. Conditions remain choppy in the aftermath


Powell sparks ‘buy everything’ rally

By Jeffrey Halley         You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,


Cyprus to export natural gas by 2026

Cyprus is targeting its first natural gas exports by 2026 from the Aphrodite gas field, Energy Minister Natasa Pilides said. After a parliamentary committee hearing, Pilides said there are many options concerning

Meta makes Asia feel better  

By Jeffrey Halley  Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too


Jumpin’ Vlad flash cuts his gas

By Jeffrey Halley The Ukraine/Russia conflict has suffered some headline fatigue of late, and more than a little complacency by the world’s financial markets, as China’s slowdown fears grabbed centre-stage. The economic

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