natural gas Archives - Page 3 of 4

Cyprus to step up role as EU energy hub

Cyprus will be looking to upgrade its role as an alternative energy hub and supplier to the EU, making the most of its untapped natural gas reserves and upcoming electricity interconnectors with

17th March 2022

Cyprus/Energy

Russia sanctions could breath new life into EastMed

Cyprus’ dreams of building the ambitious EastMed natural gas pipeline from Israel to Europe may not be dead in the water just yet, as the war in Ukraine and sanctions on Russia

14th March 2022

Cyprus/Energy/Europe/Middle East

Draghi walks sanctions tightrope over Russian energy

By Brigitte Hagemann Even as Italy’s Mario Draghi voices firm opposition to Russia’s invasion of Ukraine, the country’s dependence on Russian gas puts the prime minister in a tight spot. Italy was

13th March 2022

Energy/Markets/World

Russia-Ukraine conflict increasing inflation pressures, says Moody’s

Russia’s invasion of Ukraine and subsequent economic sanctions have increased risks to the global economic outlook, Moody’s Investors Service said in a report on Friday, adding that the magnitude of the effects

4th March 2022

Markets/World

Markets shrug off first round of Russia sanctions

By Han Tan, Chief Market Analyst at Exinity Group Markets are peeking out from behind the risk-off curtain, as sanctions announced by the US, UK, and Europe against Russia didn’t live up

23rd February 2022

Markets/World

Energean ramps up Egypt natural gas

Greek energy firm Energean’s plans to increase natural gas production from its concessions in Egypt were discussed in Cairo with Petroleum Minister Tarek El Molla and company CEO Mathios Rigas. A company

16th December 2021

Energy

Fuel prices coming down as OPEC+ boosts output

By Charles Ellinas Following the OPEC+ (OPEC plus Russia) agreement on Sunday to raise crude oil production by 400,000 barrels/day each month, starting from August, Cypriots should see a fall in fuel

20th July 2021

Energy/Guests/Markets

Turkey discovers more Black Sea natural gas

By Charles Ellinas Turkey’s President Erdogan announced the discovery of a large natural gas deposit at the prolific Sakarya gasfield in the Black Sea. Another 135 billion cubic metres (bcm) gas was

7th June 2021

Comment/Energy

Energy sector ‘full recovery’ by end 2023, says EBRD survey

Energy leaders in 32 countries believe that demand will fully recover from the fallout of the coronavirus pandemic by the end of 2023. A survey conducted among 100 policymakers by the European

7th May 2021

Business/Energy

Natural gas: Is Cyprus still in the game?

By Michael Olympios Natural gas exploration is a tough business. And its politics are often as complex as its engineering. Over the years, Cyprus tried to form a geostrategic alliance with Israel,

28th February 2021

Energy/World