Energy

The EU should undertake a more active role in finding solutions to the challenges faced by the Great Sea Interconnector (GSI) project, Energy Minister George Papanastasiou said on Friday. The ...

Cyprus has set itself the “ambitious” target of having a third of energy consumption derive from renewable sources by the year 2030, the energy minister said on Thursday, while also announcing ...

The energy regulators of Cyprus and Greece reaffirmed on Thursday their ongoing commitment to the Great Sea Interconnector – the proposed subsea electricity cable connecting the two countries. In a statement, ...

Hydrocarbon exploration and production company Energean announced on Thursday its audited full-year results for the year ended December 31, 2024. Mathios Rigas, Chief Executive Officer of Energean, stated, “During 2024, we have continued ...

The Great Sea Interconnector (GSI), connecting the electricity grids of Greece, Cyprus and Israel is now being handled on a diplomatic level as it has become a matter of foreign ...

Trade unions on Monday warned about potential power blackouts following curtailments in photovoltaic energy production. In the statement, unions representing the Cyprus electricity authority (EAC) – including the organisation of EAC ...

Oil prices traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping. Brent futures rose 56 cents, ...

EU-funded researchers are looking to hot air to overcome the supply and demand issues faced by solar energy and ease the clean energy transition. By Michael Allen As the world ...

Cyprus’ newly proposed national hydrogen strategy has been put forward for consultation, aiming to align the country with the European Union’s broader hydrogen goals. However, according to energy professor ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data has shown. Kazakhstan has persistently exceeded its ...

The energy regulatory authority (Cera) said on Thursday it is doing what it can to ensure adequacy of electricity supply, in the wake of cutbacks to systems generating power from ...

Ukraine may import large volumes of US gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of ...

Greece reaffirmed on Monday its commitment to building a subsea electric cable planned to link continental Europe to the East Mediterranean, following reports that the project was halted over financial ...

Cyprus may face power blackouts unless measures are taken to balance electricity production and consumption, Energy Minister George Papanastasiou warned on Monday. He said the government, alongside the Cyprus transmission ...

Oil prices held steady on Monday as concern over the impact of US import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, ...

The European Union has taken a significant step towards ensuring affordable, efficient, and clean energy for its citizens through its newly announced Action Plan for Affordable Energy.  The plan, revealed ...

The electricity authority (EAC) has been given the clear go-ahead to upgrade the Dhekelia power plant with two new flexible generators and is in the process of evaluating tenders, Energy ...

Greece’s dependent transmission system operator Admie’s decision to temporarily suspend payments to French technology company Nexans for the manufacture and installation of submarine cables for the Great Sea ...

Greece’s Independent Power Transmission Operator (Admie), the project promoter for the Great Sea Interconnector, has suspended payments to French company Nexans responsible for manufacturing and installing the submarine cable ...

The Energy Ministry this week announced that Eni Cyprus Limited is offering scholarships for postgraduate studies in energy and environmental management. This initiative, the ministry explained, is part of the ...

Thousands of megawatt-hours of power generated by renewables get discarded each day because Cyprus lacks the storage systems, MPs heard on Tuesday. The House energy committee discussed energy storage in ...

Energy Minister George Papanastasiou has been invited to appear before the House energy committee on Tuesday to update members on energy storage, hydrogen development and the liquefied natural gas (LNG) ...

Oil edged up on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand, although uncertainty about a Ukraine peace ...

The House plenary on Thursday evening passed the 2025 budget for the Electricity Authority of Cyprus (EAC) with lawmakers grasping the opportunity to rail against the high cost of energy. The ...