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Shell sells its stake in Cyprus gas project
PetrusPetrusJul 31, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasEnergy and resources · Mining Industry

Shell sells its stake in Cyprus gas project

British Shell is selling its stake in the Cypriot Aphrodite gas project to Hungary's MOL Group for up to $720 million. The deal is expected to be finalized in early 2027, pending all necessary approvals.

#gas#investments#field#Chevron#Shell#EGAS
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Cyprus launches its first major gas project
PetrusPetrusJul 28, 2026
Oil and gas industry · Gas ProductionEnergy and resources · Oil and GasEnergy and resources · Mining Industry

Cyprus launches its first major gas project

The Italian company Eni is beginning development of the deepwater Cronos field off the coast of Cyprus, which will allow Cypriot gas to enter the market for the first time by 2028. This project will strengthen Cyprus's position as a gas exporter and support Europe's energy security.

#infrastructure#gas#Europa#export#Egypt#LNG
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Qnap has announced new NAS devices for video production

Oct 2, 202610/2/26 · 0 reactions

Tesla opened credit lines worth $30 billion

Oct 2, 202610/2/26 · 0 reactions

Air travel is on the rise, but new regulations are making the market more complicated.

Oct 1, 202610/1/26 · 0 reactions
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Cloud Computing

Qnap has announced new NAS devices for video production

Qnap has introduced three new NAS systems designed for video production tasks, equipped with USB4 ports for high-speed data transfer. These devices support various connection modes and are intended for use with high-capacity hard drives and SSDs.

Financial Analysis

Tesla opened credit lines worth $30 billion

Tesla has opened credit lines totaling $30 billion to finance major investments amid declining profits and rising capital expenditures. The new agreement expands the company's financial flexibility as it faces increasing pressure on its business.

Transportation Logistics

Air travel is on the rise, but new regulations are making the market more complicated.

Air transportation is becoming an increasingly important part of logistics, especially amid the instability of sea shipping. However, new regulations for preparing air waybills are creating additional challenges and risks for market participants.