Energy

Cyprus recorded a 5.2 per cent reduction in greenhouse gas emissions in the third quarter of 2025 compared with the second quarter of 2025, placing it among the EU countries that achieved notable ...

The board of directors and management of Cyta on Friday issued a statement clarifying the organisation’s position on proposed amendments to the law governing its operation and its planned ...

Cyprus has recorded a 23.2 per cent reduction in its net domestic energy use intensity over the last decade, according to Eurostat. The figures show that the EU economy used 56.1 million ...

Industrial producer prices for energy in the domestic market across the European Union fell by 1.3 per cent in December 2025 compared with the previous month, according to Eurostat. These figures represent ...

Oil prices fell more than 1 per cent on Monday as fears of a Middle East conflict eased after the US and Iran pledged to continue indirect talks about Tehran’s ...

Petrolina (Holdings) Public Limited has completed the acquisition of ExxonMobil Cyprus Limited, with the transaction finalised end of January, 2026, the company said in a filing to the Cyprus stock exchange (...

Nuclear power generation across the European Union experienced a significant rebound during 2024 as twelve member states produced a combined 649,524 gigawatt hours of electricity, according Eurostat. This output represents an increase ...

Forecasts published last week show that by 2030 the EU could be reliant on the US for 80 per cent of its LNG imports (Figure 1). That could mean about 40 per cent of ...

Energean plc announced during its stock market update for preliminary 2025 results that the fourth quarter of 2025 was the strongest production quarter in the company’s history. The company stated the ...

The total sales of petroleum products in Cyprus rose by 4.9 per cent in December 2025 compared with the same month a year earlier, data released by the Statistical Service (Cystat) showed ...

Greece will hire an external adviser to review costs for a stalled project to build one of the world’s largest undersea power cable and link mainland Europe to Cyprus, ...

The European Union reached a record high in the use of renewable energy for heating and cooling in 2024, according to Eurostat, with the total share climbing to 26.7 per cent during ...

The Energy Ministry has launched a Digital One Stop Shop service for renewable energy sources on a pilot basis to support the energy upgrade of buildings, the Energy Service announced. ...

Plans for further natural gas drilling in Cyprus’ gas-bearing blocks 5 and 10, as well as the prospect of expanding cooperation with US energy giant ExxonMobil, were discussed at the Presidential Palace ...

Greenhouse gas emissions across the EU fell again, with Cyprus recording a sharp reduction in emissions relative to economic output, according to new Eurostat data. Specifically, Eurostat reported on Friday ...

Renewable energy use in transport across the European Union edged higher in 2024, but Cyprus recorded a slight decline, according to a report from Eurostat released on Wednesday. The figures show ...

Revenue from carbon dioxide related taxes across the European Union experienced a surge between 2017 and 2023, climbing from €15 billion to €51 billion. According to Eurostat, these levies, which are strictly applied to ...

Half of the smart electricity meters which the electricity authority (EAC) had aimed to install have now been installed, Marios Pappoutis, the transmission system operator’s assistant network operator said ...

Operating an electricity grid on a small island is a “particular challenge”, Marios Pappoutis, the transmission system operator’s assistant network operator said on Friday. “The operation of the grid ...

Renewable energy sources supplied 47.5 per cent of gross electricity consumption in the European Union in 2024, with Cyprus recording one of the lowest shares in the bloc, according to Eurostat. The ...

The formulation of a bilateral agreement between Cyprus and Israel on the management of the Aphrodite-Ishai gas fields “appears to be in the final stages,” the state-run news agency said ...

The independent power transmission operator (Admie) took part in the Eastern Mediterranean regional meeting of the association of Mediterranean transmission system operators (Med-TSO), held in Amman, Jordan. According to an ...

The Kronos gas field in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) is “in the final stage of development” ahead of a potential final investment decision, President Nikos Christodoulides said ...

The European Union’s new European Grids Package offers Cyprus a practical roadmap to escape energy isolation, cut electricity costs and curb wasted solar power if it is implemented decisively, ...