Category: Economy
Cyprus Energy Services had their hydrocarbon responsibilities removed
Cyprus Energy Service which has been handling the Cyprus drilling efforts has been stripped of all its responsibilities related to the exploitation of hydrocarbons by the Ministry of Commerce.... Read More
Greek Cypriots willing to share natural gas revenue with Turkish Cypriots
If a revenue is seen from the exploitation of the hydrocarbons in the exclusive economic zone of Cyprus, it will be shared between the two communities.... Read More
200000 foreign workers in Cyprus earning 19 million in unemployment benefits
20% of them only work for a few months and then enroll themselves for unemployment benefits... Read More
Noble Energy is starting the drill for gas today
Drilling for hydrocarbons in plot 12 of the Cyprus Exclusive Economic Zone is starting in a few hours.... Read More
Cyprus to earn 1.8 billion euro from tourism in 2011
Total revenue from tourism until the end of July was 951.4 million euro according to the Republic's Statistical Services, an increase of 17.5% from the same period last year.... Read More