Energy

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 ...

Energy Minister George Papanastasiou said on Thursday that Abu Dhabi’s National Energy Company (Taqa) is interested in investing in and supporting the delivery of an electricity connection project that ...

Oil prices held around two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower US crude stockpiles provided some support. ...

Cyprus’ electricity demand was entirely covered on Tuesday night, with no power cuts recorded, transmission system operator (TSO) spokeswoman Chara Kousiappa said on Wednesday. “There was sufficient production, the needs ...

A scandal erupted on Wednesday over a power plant allowed to operate illegally with the tacit approval of authorities, following the release of an Audit Service report on the matter. ...

The grid’s capacity to meet Cyprus’ electricity demand on Monday evening will be “limited”, the transmission system operator (TSO) said, as Cyprus’ energy consumption spikes amid freezing temperatures. It ...

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and demand picture is unlikely to improve in the near ...

Patience is over and sabotage of crucial energy projects for the average person had reached an intolerable stage, Kyriakos Tafounas head of the electricity authority unions (Epopai-Sek) said on Monday. ...

Natural gas production from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could commence within 2 to 2.5 years, according to Constantinos Hadjistassou, Professor at the School of Sciences and Engineering, Department of ...

If you’re lucky enough to have rooftop solar, check your energy app one of these days and you might be surprised to see ‘data interrupted’ or some other error ...

The leaderships of Electricity Authority (EAC) trade unions will meet on Monday to examine “serious developments” in the energy sector. In a letter to the authority’s board, the four ...

The European Union will seek more gas from countries including the US to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the ...

A tender process with the aim of installing two new generators at the Dhekelia power station has begun, Energy Minister George Papanastasiou said on Friday. Speaking after a meeting with ...

The Cyprus energy saving association held its annual general and electoral assembly on Friday, reaffirming its commitment to energy efficiency and sustainable development. In his address, outgoing president George Georgiou ...

Households and businesses across Cyprus will soon have better control over their electricity costs, thanks to the nationwide rollout of smart meters by the electricity authority of Cyprus (EAC). With 500,000 ...

Cyprus’ electricity network is set to bear more pressure over the coming days, due to the cold spell forecast for Thursday onwards, increasing demand for heating. “Things will be difficult. ...

The electricity supplied to the Republic of Cyprus by the north was provided free of charge, the north’s electricity authority Kib-Tek workers’ trade union El-Sen leader Ahmet Tugcu said ...

Cyprus and Egypt on Monday signed two agreements concerning the exploitation of natural gas resources under the seabed in the eastern Mediterranean. The first agreement was a memorandum of understanding ...

Oil prices were little changed on Monday as investors eyed developments on a potential Russia-Ukraine peace deal that could ease sanctions disrupting global supply flows. Brent crude futures was up 7 ...

Wind-powered electricity production across Europe dropped by over 7 per cent in January from the same month in 2024, depriving regional power producers with a key source of clean energy right when ...

Asia’s crude oil markets are adjusting rapidly to new sanctions against top supplier Russia, sucking up cargoes while they can and moving to alternatives for deliveries in coming months. ...

Much of the discussion at the FT’s International Energy Policy Forum in Brussels earlier this month applied to Cyprus as well as other areas of the world. The event ...