Dr Charles Ellinas

In recent interviews Mike Wirth, Chevron’s CEO, detailed the company’s priorities and plans for the foreseeable future. He said “so long as the world is using oil and ...

The single aim of the competitive electricity market (CEM) must be to bring about substantial reductions in Cyprus’ very high electricity prices. Anything else is of secondary importance and certainly ...

It has been a tumultuous week for energy in Cyprus. Its two biggest projects, the import of LNG at Vasilikos and the GSI electrical interconnector, were in the limelight mostly ...

American oil companies became involved in the Middle East right from the start of the oil industry in the region. A Standard Oil subsidiary, that later became Chevron, gained concessions ...

Wildfires, droughts, increased electricity demand, impacts on agriculture and tourism: with climate change they have not only become permanent but are intensifying. And making it even more challenging, the Mediterranean ...

The Great Sea Interconnector (GSI) as a key strategic project was the clear and unequivocal view expressed by the European commissioner for energy, Dan Jorgensen, during his visit to Athens ...

Pegasus lived up to his name and delivered for ExxonMobil. It “gushed forth” gas from the depths of block 10. Pegasus’s name comes from the Greek word “pêgê,” meaning “...

As Europe advances on a sustainable energy future, the challenge of building clean, reliable and affordable energy systems is both urgent and complex Success in building a sustainable energy future ...

On a purchasing power basis Malta had the lowest electricity price in Europe in 2024, in contrast to Cyprus that had the second highest price. Both are small island states within ...

It is now official. The commercial operation of Cyprus’ Competitive Electricity Market commences on September 15, with the first trading day on October 1. It took an inordinate length of time to ...

This is focused on Cyprus, Egypt and Israel. All three countries have abundant renewable energy potential, especially solar. But so far success in harnessing it is mixed. Cyprus produced 24 per ...

In a report entitled “Europe’s waters: key challenges and EU solutions”, published on May 7, the European Parliament (EP) draws attention to the key issues concerning Europe’s scarcity, pollution ...

Will there be room to use LNG created in the region even if it does come online? East Med energy revolves around the biggest country in the region, Egypt. It ...

What happened in Spain and Portugal on April 28 brought home how insecure our energy systems have become. For about 20 hours Spain, Portugal and parts of southern France experienced a widespread ...

With President Trump pausing his punitive tariffs for 90 days, it will take time before the negotiations that will follow realign global trading to the new developing international order. Already analysts ...

In an article in MEES, Peter Stevenson reveals that ExxonMobil’s Electra well in block 5 was unsuccessful. It encountered gas, but not in commercial quantities. There were high expectations that ...

Even though energy commodities – oil, natural gas and refined products – were largely spared collateral fallout from US President Donald Trump’s new ‘Liberation Day’, the new tariffs have pushed oil ...

Given its importance to Cypriot consumers and industry, I am returning back to the burning subject of electricity prices. These must come significantly down now and not just wait for ...

That was the headline following the publication in December of a ‘Joint Employment Report (JER)’ by the European Commission (EC) that provides an annual overview of key employment and social ...

The age of electricity is upon us, but in Cyprus it is finding us unprepared. Most of the issues outlined below also apply to Cyprus. In a keynote address at ...

Much of the discussion at the FT’s International Energy Policy Forum in Brussels earlier this month applied to Cyprus as well as other areas of the world. The event ...

Following the publication by the EU of ‘Justice-focused approach key to effective energy poverty solutions’, energy poverty in Europe was again in the news last week. This is based on ...

As the development of Cyprus gasfields gets closer, so the claims about their importance in supplying Europe’s gas needs get louder, totally oblivious to whether Europe needs such gas, ...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below.  Clearly, ...