Energy

The governments of Cyprus and Lebanon, as well as the World Bank, on Thursday agreed to prepare a preliminary feasibility study regarding the possibility of the connection of the two ...

The Great Sea Interconnector (GSI) will not automatically translate into higher electricity bills because its costs are recovered through a detailed European Union regulatory framework rather than being passed directly ...

Transport Minister Alexis Vafeades gave new reassurances on Tuesday that Cyprus faces no shortage of fuel stocks amid the continuing conflict in the Persian Gulf. Around 20 per cent of global ...

The Cyprus Employers and Industrialists Federation (Oev) is set to host a high-level workshop tomorrow, July 15, 2026, at 14:00 at its headquarters in Nicosia to address the urgent need for reducing the ...

‘Provided that we do not have any breakdowns’ Cyprus’ electricity grid is equipped to meet the increased demand which is forecast over the summer amid rising temperatures and the subsequent ...

Cyprus recorded one of the European Union’s widest gaps in home energy efficiency improvements between vulnerable and better-off households in 2025, according to new data released by Eurostat. The latest ...

The first two articles in this series concluded that the key question facing Cyprus is no longer whether natural gas is needed, but whether the current Vasiliko LNG import project ...

The Turkish government and the Turkish Cypriot authorities on Friday signed a memorandum of understanding which foresees the construction of a natural gas pipeline between Turkey and Cyprus. According to ...

Most tankers stranded in the Persian Gulf since the Iran conflict began have now left, but the vessels needed to keep the region’s oil exports moving are not returning.  ...

Fuel prices in Cyprus have fallen steadily in recent weeks but remain above the levels seen before tensions escalated between Israel and Iran, while uncertainty over developments in the region ...

Cyprus recorded the highest share of household energy consumption devoted to air conditioning and cooling in the European Union in 2024, according to figures released on Wednesday by Eurostat, highlighting the ...

For years, public debate in Cyprus has focused almost entirely on the international price of LNG. Every discussion about importing natural gas eventually arrives at the same question: what will ...

Trade unions representing workers at the Electricity Authority of Cyprus will escalate their industrial action from Thursday, while insisting that electricity generation will continue uninterrupted. Speaking to CyBC radio on ...

Steelmaker SSAB (SSABa.ST) is spending €6 billion to upgrade its operations, switching from coal to low-carbon hydrogen in a bet that European Union policies would reward lower-emission production and help ...

The supply of natural gas and renewable energy across the European Union grew during 2025, while the use of coal and petroleum products saw a continued decline, according to preliminary data ...

The European Central Bank (ECB) has warned that disruptions to trade through the Strait of Hormuz could have far-reaching consequences for the global economy, with supply shortages extending well beyond ...

Cyprus may find itself with insufficient electricity by 2030, opposition politicians warned on Thursday, calling on the government to get its act together fast. MPs were speaking to the press following ...

Energy expert Dr Charles Ellinas on Wednesday warned that the Cypriot government is likely offering “continuous concessions” to multinational energy corporations so as to persuade them to drill for natural ...

Two gas fields located in Cyprus exclusive economic zone (EEZ) were on Tuesday declared “marketable” by multinational energy corporations ExxonMobil and QatarEnergy. Both fields, the ‘Pegasus’ field and the ‘Glaucus’ ...

Cyprus lacks a coherent long term energy strategy despite growing pressures from costs, climate targets and geopolitics, according to energy expert and former chief of the Cyprus Energy Regulatory Authority (...

Energy consumption across the European Union services sector climbed to 4,971 petajoules in 2024, according to the latest data released by Eurostat. This figure marks a slight rise from the 4,886 petajoules recorded ...

The European Union maintained stable petroleum oil imports during the first quarter of 2026 when compared to the monthly average recorded throughout 2025, according to a report from Eurostat. The value of ...

Cyprus’ total sales of petroleum products fell by 5.1 per cent in May 2026 compared with the same month last year, even as monthly demand strengthened and the government moved to shield ...

Petrolina (Holdings) Public Limited announced on Friday that its financial results for the first half of 2026 are expected to show a significant improvement compared with the corresponding period of 2025. The ...