Energy

Oil prices fell by more than 1 per cent on Monday, as the market focus switched to fundamentals after Israel and Iran played down the risk of an escalation of hostilities ...

The Cyprus Chamber of Commerce & Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, has announced a call for proposals for the EENergy project, offering grants ...

By Robert Morgan The Electricity Authority of Cyprus (EAC) has discovered two illegal installations of photovoltaic systems, it emerged on Thursday. The offending sites are commercial properties, EAC representative Christina ...

Cyprus has seen “one of the largest increases” in its share of renewable energy sources of any European Union member state, Energy Minister George Papanastasiou said on Thursday. He was ...

Oil prices fell to a three-week low on Thursday, extending losses on hopes of easing tensions in the key producing region of the Middle East, while investors turned their focus ...

Oil prices are up around 16 per cent so far this year near $90 a barrel, with supply worries high given escalating Middle East tensions and tit-for-tat attacks on energy infrastructure between ...

Energy Minister George Papanastasiou is currently in Abu Dhabi to participate in the 14th Session of the Assembly of the International Renewable Energy Agency (IRENA), scheduled to take place from ...

The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing lower than expected consumption in OECD countries and a slump in factory activity. The Paris-based ...

The Great Sea Interconnector project will offer triple benefits to Cyprus, with better energy security, a ‘green mix’ of power generation and cheaper energy for all consumers, the Greek Independent ...

The management of Greece’s Independent Power Transmission Operator (Admie) will be in Cyprus on Tuesday to hold talks with representatives of the energy ministers of Cyprus and Israel. They ...

New materials and designs can make a leading source of renewable energy both greener and cheaper. By Tom Cassauwers At first glance, the wind-turbine tower that rises from the green ...

Western European governments have sought to reduce their energy dependence on Russia since the outbreak of the Ukraine war, but when it comes to gas, they have increasingly substituted the ...

The point of contention has been “overcome” regarding the development of the Aphrodite gas field off the coast of Cyprus, Energy Minister George Papanastasiou said on Wednesday. Speaking after a ...

Oil prices extended gains on Wednesday as investors eyed concerns around crude and fuel supplies, following Ukrainian attacks on Russian refineries and the potential for a widening of the Israel-Hamas ...

Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the US, the world’s biggest oil consuming nations, and growing concerns of a widening conflict ...

Be warned: Cyprus motorists could be hit with hikes of 25 cents/litre by the end of the year By Charles Ellinas With Cyprus finance minister announcing that he will not ...

Kremlin spokesman Dmitry Peskov said on Thursday that Russia was working with partners amid unprecedented pressure from the US and European Union after Reuters reported Moscow was experiencing some delays ...

The electricity authority (EAC) has been left in the lurch and smart meter installation has again fallen into a state of limbo, after the administrative court’s decision to forbid ...

Energy Minister George Papanastasiou travelled to Israel on Wednesday to meet his Israeli counterpart Eli Cohen. The pair are set to discuss the planned electrical interconnector which, if constructed, will ...

Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates (UAE) become more ...

Oil was little changed on Tuesday after rising in the previous session as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks ...

Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the possibility of a ceasefire in Gaza gained traction. Brent crude futures were down 2 ...

The liquefied natural gas (LNG) terminal in Cyprus is back on track and should be finished by the end of the year, China’s ambassador to Cyprus said on Thursday. “...

Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors braced for the US Federal Reserve’s interest rate policy announcement later in the ...