Energy

Telecoms provider Cyta on Friday welcomed the decision by the House of Representatives to approve legislation allowing the organisation to enter the energy sector, describing it as a pivotal step ...

The Cyprus Statistical Service (Cystat) on Friday reported that total petroleum product sales in February 2026 reached 111,922 tonnes, marking a 0.1 per cent year-on-year increase compared to February 2025. However, the figures reflect ...

The Cyprus Telecommunications Authority (CyTA) got the green light on Thursday to operate in the energy sector, though it remained an open question whether the semi-governmental organisation will compete or ...

Consumer fuel prices jumped by the largest amount seen in the last three years during business hours on Thursday, consumers’ association chairman Marios Drousiotis said, with the impact of the ...

The Cyprus Association of Electricity Suppliers’ Representatives (Sepie) on Thursday said that a competitive electricity market remains the most efficient model for achieving lower costs for consumers and a sustainable ...

Greek industrial and energy company Metlen on Monday announced that it recently signed a Memorandum of Understanding (MoU) with the Naval Group, a French industrial company specialising in naval defense, ...

War in the Middle East means investors may not only have to contemplate a higher oil price, but also a stronger dollar than many had bargained for at the start ...

Cyprus is facing further fuel price increases in the coming weeks, though supplies remain sufficient for around 90 days, petrol station association president, Savvas Prokopiou, said on Friday. “Naturally, there will ...

Finance Minister Makis Keravnos on Friday said the ministry is preparing multiple scenarios and measures to mitigate potential economic fallout from the war in Iran. The minister stressed that developments ...

Cyprus recorded the fifth lowest share of electricity generated from renewable sources in the European Union in 2025, according to a report released on Thursday by Eurostat. The figures showed that 47.3 ...

European Union leaders will attempt to find quick fixes to curb the ​jump in energy prices triggered by the Iran war when they meet for a summit on Thursday, but ...

By Dr Arkadius Sybaris  In 2025, Cyprus curtailed an estimated 306 gigawatt-hours of clean solar energy — enough to power roughly 51,000 homes for a year. Approaching half of all distributed solar generation on ...

Cyprus remains one of the most energy-dependent countries in the European Union, as authorities monitor rising geopolitical risks linked to the Middle East. According to a Eurostat report released on ...

For the moment, Cyprus does not face a problem in relation to its fuel stocks amid the Persian Gulf energy crunch, the Cyprus Mail has learned. “Right now we are ...

Energy Minister Michalis Damianos said on Thursday that his ministry stands ready to intervene immediately if it detects unjustified fuel price increases or shortages in Cyprus, as authorities closely monitor ...

Cyprus remained one of the European Union’s most oil-dependent countries in 2024, with 86 per cent of the energy available on the island coming from crude oil and petroleum products, according ...

Oil prices have soared while share markets have skidded on fears that the escalating US-Israeli war on Iran ​will squeeze energy supplies and hamstring industries around the world. Following are ...

An energy app developed by EU-funded researchers is helping neighbours cut carbon, earn modest returns and boost the use of clean power in their own communities. By Anthony King A ...

Since the UK rejoined Horizon Europe in 2024, EU-funded cross-border research with UK partners has been delivering safer, smarter, more sustainable technologies for everyday life. By Ali Jones On a test ...

A global energy crisis triggered by the war in Iran appears increasingly likely in the short term, although a prolonged and catastrophic disruption remains less probable due to market resilience ...

MPs on Thursday demanded an accounting for the bevy of renewables permits issued in the past, after it emerged that about two-thirds of the permits did not materialise into solar ...

With senior US officials estimating that a war with Iran is now expected to last weeks, not days, and Iran’s declaration of war on Israel and the US, the ...

Ratings agency Morningstar DBRS said crude oil prices have risen sharply since coordinated attacks by the United States and Israel against Iranian military targets began on February 28, heightening political risk ...

Fuel prices are expected to rise “visibly” in the next 10 days, petrol station owners’ association chairman Savvas Prokopiou said on Monday, with a widening conflict now engulfing the region. He ...