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Opinion

The landscape is changing in Cyprus’ exclusive economic zone

The Republic of Cyprus, ExxonMobil and QatarEnergy recently signed a tradability statement for the Glaucus and Pegasus gas fields....
Economy

Chevron expands Leviathan to supply millions in Israel, Egypt and Jordan

Chevron has given the green light for production expansion at the Leviathan field in Israel, the company announced on...
Opinion

Does scrapping Egypt’s 20% make sense or not?

Some technocrat friends took issue yesterday with how we presented Egypt's intention in Phileleftheros not to insist on the...
Economy

Egypt offers to waive domestic gas share to fast-track Cyprus Kronos field exports

The Egyptian government has extended a diplomatic and economic concession to Cyprus, offering to waive its right to a...
Economy

Nexans responds to Phileleftheros report on interconnector tender cancellation

French cable manufacturer Nexans has pushed back against reports it cancelled a tender for the Greece-Cyprus electricity interconnector project,...
Economy

Vasilikos LPG project stalled as ports authority repeats LNG terminal failures

The Auditor General has issued a damning report on the Cyprus Ports Authority's handling of a contract to build...
Economy

First natural gas from Kronos expected by 2027 as Cyprus finalises key agreement with Egypt

Three commercial agreements for the development of the "Kronos" natural gas field in Block 6 of the Republic of...
Economy

EU Council agrees position on phasing out Russian gas by 2028

The Council of the European Union has agreed on its negotiating position for regulations to end Russian natural gas...
Economy

Egypt fast-tracks Cyprus gas transfer for 2027 European delivery

Egypt will accelerate processes enabling Cyprus natural gas transfer to Egyptian facilities, with the first gas from the Cronos...
Economy

Politicians in crosshairs as EU prosecutors probe corruption cable

The European Public Prosecutor's Office has confirmed it is investigating potential criminal offences related to the €658 million funding...
Opinion

The €542 million scandal, the European investigation in Vasilikos and the exposed Law Office

"No criminal investigation or intervention can be initiated by the competent national authorities of EU member states participating in...
Economy

Cyprus-Greece cable hangs in balance as countries disagree on payments

Finance Minister Makis Keravnos has refused to back down from his decision to freeze €25 million in payments to...
Economy

Attorney General blocks parallel investigation into Vasilikos gas terminal

Attorney General Giorgos Savvides announced on Wednesday that Cyprus authorities cannot conduct a parallel criminal investigation into the Vasilikos...
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