Nicosia, Sept 18 : The Organisation of Petroleum Exporting Countries (OPEC) in its latest monthly report has lowered its forecast for 2009 world oil demand to 0.9 million barrels a day (b/d), that is 1.00 per cent, compared with 1.03 per cent, as was the previous estimate.

Oil consumption next year OPEC forecasts will average 87.7 million b/d. The basic reason for the lowering of the forecast is falling demand in the United States which is the largest consumer in the world

Nicosia, Sept 13: Iranian Oil Minister Gholam Hossein Nozari on Friday has given a stern warning to Austrian energy firm OMV that unless it signs a deal on the Nabucco gas pipeline soon, Tehran will look for other partners.

The aim of the Nabucco pipeline is to transport at least 30 billion meters of natural gas per year from the Caspian Sea to Europe, bypassing Russia. OMV, the giant energy firm of Austria, is one of the six Nabucco partners.

Athens/Nicosia - Greek and Turkish Cypriot leaders are meeting on Thursday to discuss power-sharing and governance in a new round of peace talks set on ending a decades old conflict and reunite the divided Mediterranean island.

Cyprus President Dimitris Christofias and Turkihs Cypriot leader Mehemt Ali Talat launched a new round of peace talks on September 3.

Peace talks have been deadlocked after former president Tassos Papadopoulos led the Greek-Cypriot rejection of a UN reunification plan in a 2004 referendum.

Turkish Cypriots had overwhelmingly voted in favour.

Nicosia - Cypriot leaders launched a new round of peace talks on Wednesday after years of stalemate aimed at ending a decades-old conflict and reuniting the divided eastern Mediterranean island.

Greek Cypriot President Dimitris Christofias and Turkish Cypriot leader Mehmet Ali Talat met in the UN buffer zone dividing the capital Nicosia and will hold talks in the presence of newly appointed UN envoy for Cyprus, former Australian foreign minister Alexander Downer.

The two leaders of the ethnically divided island agreed in July to relaunch fully fledged peace negotiations on September
3, ending a four-year deadlock in efforts to bring the two communities together.

Athens/Nicosia  - Cypriot leaders will relaunch peace talks on Wednesday aimed at ending a decades-old conflict and reuniting the divided eastern Mediterranean island.

The launch of the talks on Wednesday will be in the presence of newly appointed UN envoy for Cyprus, former Australian Foreign Minister Alexander Downer.

The two leaders of the ethnically-divided island agreed in July to re-launch full-fledged peace negotiations on September 3, ending a four-year deadlock in efforts to bring the two communities together.

Washington, September 1 : New research has suggested that a fortified settlement with a shrine that stood on a plateau near the eastern Larnaca coast in Cyprus, could have been the original gateway to Pyla, a village located in the eastern part of the island.

According to a report in Cyprus Weekly, earlier theories about the significance of the site at Larnaca coast were confirmed during this year’s fieldwork at the Pyla-Koutsopetria locality by the identification of a section of the wall, datable to the Late Bronze Age.