142 results found

Noble Energy has announced today that the appraisal well drilled on the Block 12 discovery offshore Cyprus has successfully encountered natural gas pay within the targeted strata.

In September 2022, the industrial turnover Index reached 205,4 units (base 2015=100), recording an increase of 22,6% compared to September 2021.

A recent article of Ioannis Generalis, Τrainee Αssociate at Harris Kyriakides, with title ‘Regulatory impact', has been published in the Bunkerspot Magazine.

On 29 May 2015 the official Inauguration Ceremony of the €300m VTT Vasiliko terminal took place.

The Cyprus Department of Merchant Shipping has issued a circular informing owners, managers and representatives of Cyprus flag ships calling at EU ports and owners, managers...

On 28 May Andreas Neocleous & Co LLC presented a conference on Oil and Gas: Developments and Prospects.

Compared to December 2022, the largest change was recorded in category Clothing and Footwear.

The House of Representatives has recently approved the Regulations Governing the Petroleum Products Stations of 2023, as an amendment to the basic Regulations Governing the Petroleum...

The Index of industrial output prices for December 2022 reached 138,6 units (base 2015=100), recording an increase of 0,3% compared to November 2022.

By division of economic activity in manufacturing, in January 2023 compared to the corresponding month of the previous year, increases were recorded in all economic activities.

In December 2022, the total sales of petroleum products amounted to 118.203 tonnes, recording a decrease of 8,7% compared to December 2021.

The development of the oil & gas sector in Cyprus continues. The recent discoveries of hydrocarbons within Cyprus Exclusive Economic Zone has attracted a lot of attention internationally and has created locally a lot of optimism about the future.

On 13 December 2021, the Cyprus Council of Ministers approved the temporary reduction of the applicable VAT rate on electricity supplied to vulnerable consumers as well as for other households.

As Europe pushes forward with ambitious sustainability goals, including the EU Green Deal and the Recovery and Resilience Facility (RRF), member states face growing pressure to implement environmental taxes. Cyprus, however, is taking a cautious approach.

Draeger Safety, an international leader in the fields of medical and safety technology, is seeking to expand its market share in Iran's petroleum industry.

The global shipping landscape is changing. Decarbonizing shipping is a huge challenge. Cyprus as a quality shipping centre is determined to contribute effectively...

The Republic of Cyprus, being a leading maritime state, understands the importance of promoting sustainable practices within its shipping sector.