Economy Archives - Cyprus Gas News

Cyprus and Iran sign agreement to avoid double taxation

on: August 04, 2015In: Cyprus, Economy, Investment, Iran

Cyprus and Iran signed on Tuesday an agreement on the Avoidance of Double Taxation, paving the way for the expansion of business and investment opportunities between the two countries, three... Read more

Euro Summit Statement Brussels, 12 July 2015 for Greece

on: July 13, 2015In: Economy, EU, Greece, Politics

Subject: Euro Summit Statement Brussels, 12 July 2015 The Euro Summit stresses the crucial need to rebuild trust with the Greek authorities as a prerequisite for a possible future agreement... Read more

Greek FM; Israel one of Greece’s closest friends in world, ‘certainly in the region’

on: July 07, 2015In: Cyprus, Economy, Energy, Greece, Israel

Even amid massive uncertainty over the future of Greece and its economy, Greek Foreign Minister Nikos Kotzias held discussions on Monday with National Infrastructure, Energy and Water Minist... Read more

Final results: 61.31% of Greeks speak against deal with creditors

on: July 06, 2015In: Economy, Greece, Politics

Official results of the Greek referendum released on Monday by the Interior Ministry (100 percent of votes counted across the country). NO: 61.31 pct YES: 38.69 pct Voters participation reac... Read more

Greece to hold national referendum on July 5

on: June 27, 2015In: Economy, Greece, Politics

The Greek PM has announced a national referendum on July 5 on the conditions of the debt deal with international creditors. It’s up to the Greek people, Tsipras said, to make a fateful decis... Read more

President Nicos Anastasiades holds official visit to Israel

on: June 15, 2015In: Cyprus, Delek, Economy, Energy, Greece, Investment, Israel, Noble Energy, Politics

The forthcoming Trilateral Meeting of Cyprus, Greece and Israel, international issues, the Cyprus problem, energy issues and the enhancement and upgrading of the bilateral relations of Cypru... Read more

Development of block 12 Aphrodite

on: June 14, 2015In: Cyprus, Delek, Economy, Energy, Noble Energy

By Charles Ellinas Publish by: www.in-cyprus.com It is happening at last. The much-heralded declaration of commerciality of the Aphrodite gas field is out. It was announced in a Cyprus gove... Read more

Cooperation: Security and the east Mediterranean energy sector

on: June 11, 2015In: Cyprus, Economy, Egypt, Energy, EU, Greece

Cooperation: Security and the east Mediterranean energy sector The main topics on the table were those of the delineation of the exclusive economic zones between the three states, maritime s... Read more

Important move on gas, but still a long way to go

on: June 09, 2015In: Cyprus, Economy, Energy, Investment, Politics

By Elias Hazou Declaring the Aphrodite gas field commercial is an important, but by no means the final step toward monetising the reservoir, officials said on Monday. “We have transitioned f... Read more

Delek Group Response to Article in Globes

on: June 05, 2015In: Cyprus, Delek, Economy

The Company announces that attached is an Immediate Report issued by Delek Drilling – Limited Partnership and Avner Oil Exploration – Limited Partnership (“the Partnerships... Read more

Cyprus signs International Energy Charter

on: May 22, 2015In: Cyprus, Economy, Energy, Politics

Cyprus signed during the Ministerial Conference on the Charter that was organized by the Government of the Netherlands and the Energy Charter Secretariat in the Hague the International Energ... Read more

Finance Ministry to set up investment fund to manage revenue from hydrocarbons

on: May 18, 2015In: Cyprus, Economy, Energy, Politics

The Finance Ministry is working to set up an investment fund to manage the revenue from indigenous hydrocarbon deposits in a credible and transparent way, the Ministry of Finance said in a s... Read more

Oil and Gas Industry is trapped within a global system of competitiveness and strategic uncertainty.

on: May 15, 2015In: Article, Economy, Energy, Investment

By Simon Trevezas It has been a year since the first crisis burst in crude oil prices and nothing radical seems to change in Oil Industry to shift the conditions. Although, it is plea... Read more

Tripartite summit to discuss regional issues, oil and gas

on: April 29, 2015In: Cyprus, Economy, Egypt, Energy, Greece, Politics

By Elias Hazou The heads of state of Cyprus, Greece and Egypt hold talks on the island on Wednesday, followed by a tripartite summit and the signing of the ‘Nicosia Declaration’, a document... Read more

EEZ, Genocide and Game Theory

on: April 28, 2015In: Cyprus, Economy, Energy, EU, Greece, Turkey

By N. Lygeros Translated from Greek by Vicky Baklessi It is difficult for someone to imagine that the issues of EEZ and of Genocide can be correlated. And yet reality proves it. An ef... Read more

Ernst & Young Report: Top 10 Risk and Opportunities for Oil and Gas Companies, a useful tool for strategic decisions for oil and gas managers

on: April 27, 2015In: Article, Austria, Azerbaijan, BP, Bulgaria, Canada, China, Cyprus, Delek, Economy, Egypt, Energy, ENI, EU, France, Gazprom, General Electric Oil & Gas, Germany, Greece, Iran, Iraq, Israel, Italy, Japan, Jordan, Kazakhstan, Kuwait, Lebanon, Methane Hydrate, Netherlands, Noble Energy, Norway, Palestinian, Politics, Qatar, Romania, Russia, Saudi Arabia, Scotland, Serbia, Syria, TAP, Technology, Total, Turkey, UAE, UK, Ukraine, UN, USA, Vietnam

By Athanasios Pitatzis The low oil price environment forces a lot of oil and gas companies to make strategic decisions for their future. According to EY Report which refer to the top 10 oil... Read more

OPITO invests in Cyprus oil and gas office

on: April 25, 2015In: Cyprus, Economy, Energy, OPITO

Written by Niamh Burns Oil and gas skills body OPITO is set to become a strategic skills adviser in Cyprus with the opening of new offices in the region. Following discussions with senior Cy... Read more

Can the merger between Shell and BG Group affect the Cyprus gas export options, Shell can affect the oil and gas sector of East Mediterranean?

By Athanasios Pitatzis In today’s article we will cover the possibilities if the resent merger between Shell and BG Group can affect the Cyprus gas export options. First of all to mention th... Read more

Expanding Cyprus gas options

on: April 11, 2015In: Cyprus, Economy

By Lefteris Adilinis and Fiona Mullen Cyprus is looking at all options for exploiting offshore gas reserves in the Block 12 Aphrodite field, with nothing excluded according to the energy min... Read more

EU Member States, USA,Egypt,Israel and Lebanon join forces to secure the whole Mediterranean?

on: April 10, 2015In: Cyprus, CyprusShippingNews, Economy, Egypt, Germany, Greece, Israel, Italy, Lebanon, Malta, Noble Energy, Politics, Shipping, Syria, UK, USA

By Athanasios Pitatzis In today’s article we will try to introduce a new military plan for the safety of the whole Mediterranean which will involve the whole EU, Greek and Cyprus as EU state... Read more

Norway has drilled 1675 exploration wells since 1966, Cyprus has drilled only 3 until now, so to find Oil and Gas you need time and a lot of effort!!

on: March 28, 2015In: Article, Cyprus, Economy, Energy, Greece, Home, Norway, Politics

By Athanasios Pitatzis In today’s article we will cover the history of the exploration wells in Norway since 1966 until now in comparison with Cyprus oil and gas discoveries until the... Read more