Energy minister meeting oil company giants Adnoc, BP

Officials of the United Arab Emirates Oil Company (Adnoc) and the British multinational BP will meet Energy Minister George Papanastasiou on Friday.

According to the Cyprus News Agency the meeting will take place in the morning at the ministry. The reasons for the presence of the two oil companies on the island is under speculation with market observers saying only that it indicates an interest in the region on behalf of the two oil giants.

It is recalled that two companies...