Energy

The anti-corruption authority on Thursday corroborated attorney-general George Savvides’ position that he never received three “corruption cases” from it regarding alleged irregularities at the Vasiliko natural gas (LNG) import terminal. “...

Greek Deputy Prime Minister Kostis Hatzidakis on Wednesday called on the Cypriot government to “clarify its position” over the Great Sea Interconnector project. The project, if completed, will connect the ...

Oil prices rose 1 per cent on Monday on worries over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar. Brent crude was up 62 cents, or 0.9 per ...

The resilience of Cyprus’ electricity system is emerging as a critical priority, according to energy systems expert and former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas.  Speaking on the evolving ...

The government is “studying” the prospect of making a €25-million payment to Greece’s independent transmission system operator (Admie) to help finance the Great Sea Interconnector project, Finance Minister Makis ...

Greek Foreign Minister Giorgos Gerapetritis on Monday night promised that the Great Sea Interconnector project, which, if completed, will connect the energy grids of Greece, Cyprus, and Israel, will go ...

The government is engaged in “damage limitation” following reports of “serious safety issues” regarding the construction of a liquefied natural gas terminal at Vasiliko, Energy Minister George Papanastasiou said on ...

The Transmission System Operator (TSO) on Thursday said it is working with the Electricity Authority of Cyprus to push forward, where possible, applications by businesses wanting to set up energy ...

Oil prices rose 1 per cent on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support. ...

The Eastern Mediterranean has the potential to become a significant hub for the production and export of hydrogen, according to a recent mathematical forecasting study by Frederick University’s H2...

The European Union’s reliance on renewable energy in its overall energy supply is higher than the global average, according to the latest figures published by Eurostat. In 2022, renewables represented 18.9 ...

Oil rose on Wednesday as the American Petroleum Institute reported a drop in US crude inventories and investors awaited the next steps in talks to end the Ukraine war, with ...

The Sustainable Development Solutions Network (SDSN) Cyprus has expressed concern over the country’s ranking of 56th out of 167 nations and last in the European Union in the 2025 Sustainable Development ...

Oil prices fell on Tuesday as traders weighed the possibility that talks between Russia, Ukraine and the US to end the war in Ukraine could lead to the lifting of ...

Oil prices edged up on Monday after White House trade adviser Peter Navarro said India’s purchases of Russian crude were funding Moscow’s war in Ukraine and had to ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency ...

Oil prices erased losses on Wednesday after US Treasury Secretary Scott Bessent said sanctions against Russia or secondary tariffs could go up if Friday’s meeting between President Donald Trump ...

It is expected that there will be no power cuts on Wednesday night, electricity authority (EAC) spokeswoman Christina Papadopoulou said. Speaking to the Cyprus Mail, she said a generator at ...

Oil prices were broadly steady on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would hit oil ...

The continuous power cuts faced by the north after an explosion at a substation on Friday “would have been more widespread” were it not for the Republic stepping in to ...

Oil prices edged higher on Monday, after falling more than 4 per cent last week, as investors looked ahead to talks between the US and Russia later this week on the ...

The Republic of Cyprus is providing electricity to the north on Monday, as the north’s energy woes continue into a fourth day following an explosion at a substation on ...

Kuwait’s Oil Minister, Tariq Al-Roumi, stated on Thursday that OPEC is closely observing global oil market developments, including supply and demand dynamics, as well as recent comments made by ...

Turkey’s aggressive and multi-faceted energy strategy is posing increasing challenges for Cyprus and the broader Eastern Mediterranean region, according to Andreas Poullikkas, professor of energy systems and former chairman ...