Energy

Oil prices dropped by more than 1 per cent on Thursday after a report that OPEC+ is discussing a production increase for July, stoking concerns that global supply could exceed demand ...

Engineers from public natural gas infrastructure company Etyfa on Wednesday conducted an on-site inspection of the floating storage and regasification unit (FSRU) Prometheas as part of the certification process for ...

A proposal to tax the ‘windfall’ profits of producers and suppliers of renewables-generated electricity ran into stiff opposition from industry but also the government during a parliamentary debate on Monday. ...

The summer will find Cyprus “completely unprepared” in terms of energy sufficiency, Marios Papoutis, head of the EAC’s technical employees’ union (Sekaik) warned on Monday. Speaking on CyBC, the ...

Cyprus will have its first large-scale electricity storage system operational within the next 16 months, the energy minister said on Monday. Speaking at the Green Agenda Cyprus Summit in Nicosia, George ...

France and Germany are moving towards a joint European energy policy based on technological neutrality, marking a new phase in nuclear energy, according to Andreas Poullikkas, professor of energy systems ...

Vital energy infrastructures, such the Great Sea Interconnector (GSI) between Israel, Greece and Cyprus, must be protected and the European states need to cooperate in this regard, Energy Minister George ...

Cyprus’ environment department has rejected plans for a 33-turbine wind farm near two protected Natura 2000 zones, citing irreversible damage to wildlife habitats and increased threats to vulnerable species. The proposed 49.5...

The Electricity Authority of Cyprus (EAC) and the energy regulator will meet sometime this week in a bid to settle on a formula on how to bring down the price ...

Greece’s independent transmission system operator Admie on Sunday denied that it has plans to build an electricity interconnector to the country’s Dodecanese islands rather than to Cyprus. The ...

A much-delayed nuclear fusion project involving more than 30 countries is ready to assemble the world’s most powerful magnet – a key part of efforts to generate clean energy by smashing ...

Saudi Arabia and the United States are discussing a deal to cooperate on the kingdom’s ambitions to develop a civil nuclear industry, talks that have long been complicated by ...

The Motor Vehicle Importers and Electric Vehicle Association (Semio) this week issued an urgent appeal to the Transport Ministry, requesting immediate action to resolve the ongoing problems surrounding electric vehicle (...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed US attempts to ...

Any unauthorised drilling activity in Turkey’s ‘continental shelf’ off the southern coast of Cyprus will be immediately dealt with, sources at the Turkish defence ministry were reported as warning ...

The head of the certified electricians’ association, George Kyriakou, on Wednesday warned the public about faulty cut-off switches linked to photovoltaic (PV) installations, and separately cautioned against rushed installations of ...

The president and CEO of Greece’s Independent Power Transmission Operator (Admie) Manos Manousakis described the recent developments in cross-border energy interconnections as a positive step forward for regional energy ...

President Nikos Christodoulides on Monday described his official visit to Israel over the weekend as “completely successful” covering issues including the India-Middle East-Europe Economic Corridor and the Great Sea Interconnector. ...

Oil prices fell more than 2 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more supply coming into a ...

The European Union will on Tuesday announce a roadmap to phase out the bloc’s remaining gas ties with Moscow, but in the absence of sanctions it will be difficult ...

The recent electricity blackout in Spain and Portugal may have been caused by a combination of rare atmospheric vibrations, high renewable energy production, and low system inertia, according to Andreas ...

BP (BP.L) this week reported a deeper-than-expected 48 per cent drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy ...

Oil prices fell on Thursday, extending a steep decline the previous session due to signs that Saudi Arabia, the world’s largest crude exporter, could raise production and data showing ...

Cyprus on track for a Hydrogen Economy by 2060, according to study by Frederick University The H2Zero Research Unit at Frederick University has unveiled a comprehensive strategic plan for Cyprus’...