Energy

A new solar farm worth more than €4 million is to be built in the Larnaca suburb of Aradippou, the suburb’s municipality announced on Friday. It said it has now ...

Average gas prices for non-household consumers across the European Union fell by 8.3 per cent during the second half of 2025, according to Eurostat. The cost for industrial users dropped to €6.05 per 100 ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) leadership held a meeting on Friday with Energy Minister Michael Damianos, to discuss the future of the hydrocarbons sector. The delegation ...

Cyprus’ lack of energy storage capacity was lamented by the energy markets association on Friday, which declared that energy storage “cannot remain hostage to delays”. It said that it is ...

Cyprus recorded the second-highest electricity prices for non-household consumers in the European Union during the second half of 2025, according to data released by Eurostat. The figures showed that electricity prices ...

Cyprus is among the European Union countries with the greatest fiscal space to respond to a new energy crisis linked to the war in Iran, according to a new report ...

The Electricity Authority (EAC) said on Thursday that though it can’t entirely rule out the possibility of power outages, it has taken all necessary steps to prevent such an ...

The Department of Labour Inspection of the Ministry of Labour and Social Insurance is organising an Information Seminar on Liquefied Petroleum Gas to be held on Wednesday, May 20, 2026, at the ...

INEOS Energy said on Tuesday it will jointly ​invest in oil and gas ‌exploration and development opportunities in the Gulf of Mexico with Shell ​Offshore, a subsidiary of ​Shell. The ...

The United Arab Emirates owes it to its investment partners to produce what ‌global oil markets require without restrictions, while cooperating with other crude producers, its energy minister said on ...

Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of the Strait of Hormuz prolongs the world’s ​...

The timing was almost theatrical. All day Tuesday, Emirati officials and government-aligned accounts had seeded social media with hints that something transformative was coming. Then Mohammed bin Salman took his ...

Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from warehouses for assembly and repair as the government ​advances a review ...

Petrolina (Holdings) Public Limited has announced a consolidated profit after tax of €8,300,087 for the financial year ending December 31, 2025, a significant increase from the €2,725,272 recorded in the previous year. The board ...

Jet fuel availability, oil supply pressures and wider energy security concerns dominated discussions on Wednesday as European transport ministers and officials met in Nicosia. European sustainable transport commissioner Apostolos Tzitzikostas ...

President Nikos Christodoulides on Wednesday called for an “acceleration” of plans to extract natural gas off the coast of Cyprus, following a meeting with a delegation from American multinational energy ...

Eurobank executives used their participation at the 11th Delphi Economic Forum to outline the challenges of the energy transition, as well as the need for a new productive model for ...

Greece’s Energy Ministry on Monday confirmed that it is in advanced technical discussions with the European Commission to secure funding support for the independent transmission system operator Admie through ...

Petroleum product sales surged by 18.6 per cent year-on-year in March 2026, reflecting strong demand despite ongoing volatility in fuel prices. According the Cyprus Statistical Service (Cystat), total sales reached 127,272 tonnes during ...

Universal Golf Enterprises Plc on Friday announced that it secured planning approval for a photovoltaic park development as part of a broader reassessment of its land use strategy. The company ...

Surplus electricity generated by household solar panel systems will no longer be written off following a unanimous vote in parliament on Thursday. The decision partially accepts a referral by President ...

Plenum on Thursday rejected a referral by President Nikos Christodoulides concerning legislation on renewable energy sources (RES), which includes a ban on installations on fertile agricultural land. The vote saw 15 ...

Trade union Sek has warned that policy failures and lack of strategic planning continue to impose a heavy burden on society, particularly amid rising energy costs. The organisation stressed that ...

The green transition is the most sustainable solution for Cyprus’ economic and overall security, amid growing instability in the Middle East, according to University of Cyprus economics professor Marios Zachariades. “...