Dr Charles Ellinas

ExxonMobil considers the East Med a promising hydrocarbon basin By Charles Ellinas With Covid-19 resurging, Cyprus’ EEZ is back in the limelight. ExxonMobil is about to start drilling in block 10, ...

Calls for more drastic action intensifying Energy transition is unstoppable, particularly in Europe. Despite the current energy crisis, calls for faster energy transition during COP26 and subsequently, including calls for ...

After COP26, this year set to mark first time in history that renewable power will be the largest area of energy investment By Charles Ellinas The COP26 climate summit in ...

COP26 is providing the opportunity to redefine how we get to net zero without drama At a meeting last week at the European Commission’s (EC) EAAS I was asked ...

Electricity prices in Cyprus are at an all-time high impacting industry and business. Cyprus Employers and Industries Federation (OEB) has been grappling with the challenges these pose. George Petrou, former ...

More concern about next elections than worrying about next 30 years By Charles Ellinas There is a huge gap between what we need to do about climate change in the region ...

Europe is at fault for not addressing low gas storage levels early-on The energy crisis rumbles-on with no easy answers emerging to bring it under control. Europe’s leaders met ...

Europe has been left exposed to the vagaries of extreme weather Europe is going through a natural gas crisis, partly self-inflicted. The spectacular increase in gas, but also electricity, prices ...

Are we finally going to make it big? Sadly no With ExxonMobil planning to drill an appraisal well before the end of the year and following political agreements in Egypt ...

Cyprus must progress from lip-service to serious action if Cypriot consumers are ever to see serious reductions in their inexcusably high energy costs. Household electricity prices shot-up by 38 per cent ...

Capital markets and the insurance sector are becoming increasingly reluctant to fund and insure fossil fuels The oil and gas sector is undergoing permanent change brought about by a number ...

The Mediterranean will be particularly affected with higher summer temperatures, drought and fires says IPCC report The UN’s Intergovernmental Panel on Climate Change (IPCC) issued a landmark report on ...

We can rediscover our common interests only after a reality check In the East Med we have been side-tracked by the fallacious promise or expectation of riches to come out ...

There are millions of euros ready to deploy from the Cyprus Recovery and Resilience Plan (RRP) to modernise the energy sector. But parliament may not be ready to make the ...

Implementing these policies and policing their application will be a logistical nightmare for the EU The European Commission (EC) announced on Wednesday its ‘Fit-for-55’ package, with 13 new policies designed to ...

The European Commission (EC) plans to impose a carbon surcharge on products entering the EU from third countries, through a Carbon Border Adjustment Mechanism (CBAM), likely to be phased in ...

Gas has been politicised in the region, losing sight of its commercial value By Charles Ellinas This was the subject of an online event organised by the International Crisis Group (...

Any new gas infrastructure runs the risk of becoming a stranded asset It is ironic that at a time when natural gas is under existential attack in Europe, high prices ...

Turkey has just discovered another 135 billion cubic meters (bcm) natural gas in what is proving to be a prolific Sakarya gasfield in the Black Sea, raising the total discovered so ...

June is developing into a crucial month for the East Med and its geopolitics involving Turkey, Greece and Cyprus By Charles Ellinas At a recent Senate hearing, US Secretary of ...

It was a week of reckoning for the oil and gas industry By Charles Ellinas The oil and gas sector was shaken this past week. There were some monumental developments ...

As controlling global warming becomes a priority the countries of the East Med could get left behind The headline this week was ‘BP dodges new climate target calls as activist ...

Even though Ankara’s aggressive actions have stopped, the rhetoric has not changed. The European Council meeting at the end of March asked Turkey to refrain from provocative actions against ...

Despite increasing momentum the danger is that aspirations could end up being more dramatic than real outcomes By Dr Charles Ellinas As a show of global solidarity to tackle climate ...