Cyprus’ energy market will be opened up to private companies on October 1, the energy regulatory authority (Cera) confirmed on Friday.
It said the move will “mark a new era in ...
Egypt’s Foreign Minister Badr Abdelatty is in Cyprus on Friday for official meetings. He is joined in Nicosia by Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi.
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Problems in energy supply are due to mistakes of the past, Energy Minister George Papanastasiou said on Tuesday, acknowledging the existing grid is getting pushed to its limits.
“We had ...
All of the north’s electricity went out on Friday morning after an explosion at a substation caused the grid to completely collapse.
The explosion occurred at around 5am at ...
The EU commissioner for energy has dubbed the Great Sea Interconnector (GSI) a project of “the utmost strategic significance” for Europe, according to media reports on Thursday.
In an interview ...
The Chinese-led consortium which formerly held the contract to build a liquefied natural gas (LNG) import terminal hit back on Monday at reports that it had delivered a ship with ...
Pegasus lived up to his name and delivered for ExxonMobil. It “gushed forth” gas from the depths of block 10. Pegasus’s name comes from the Greek word “pêgê,” meaning “...
Matters became heated between Energy Minister George Papanastasiou and the electricity authority’s scientific staff’s trade union Sepaik leader Marios Pappoutis at the union’s annual general meeting on ...
Fresh questions are being raised over when the Vasiliko LNG terminal will finally be completed. The state-owned natural gas infrastructure company (Etyfa) has confirmed that the project remains under review, ...
Soaring energy costs and suffocating bureaucracy are the biggest threats facing Limassol’s industries, Energy Minister George Papanastasiou has warned, pledging swift action to tackle the crisis.
Speaking after a ...
The latest drilling, due to have been completed on Sunday, in Exxon Mobil’s Block 10 was successful, Energy Minister George Papanastasiou said on Sunday, adding that results would be announced ...
A fierce row has erupted over the undersea electricity link between Cyprus and Crete, as Greece’s power grid operator on Tuesday warned it would halt work unless it gets ...
As Europe advances on a sustainable energy future, the challenge of building clean, reliable and affordable energy systems is both urgent and complex
Success in building a sustainable energy future ...
It is now official. The commercial operation of Cyprus’ Competitive Electricity Market commences on September 15, with the first trading day on October 1.
It took an inordinate length of time to ...
The energy ministry on Sunday called on oil traders to demonstrate the “maximum responsibility” as the conflict in the Middle East sent oil prices soaring over the weekend.
Meanwhile, the ...
President of the technical chamber Etek on Thursday said that the energy minister’s concerns about the opening up of the electricity market were reasonable and justified.
In a written ...
Energy Minister Geroge Papanastasiou on Tuesday praised the “common political will” of his eight counterparts from the European Union’s other ‘Med9’ states to “promote a coherent green development strategy”.
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This is focused on Cyprus, Egypt and Israel. All three countries have abundant renewable energy potential, especially solar. But so far success in harnessing it is mixed. Cyprus produced 24 per ...
There is “no clear information” on whether or not the Great Sea Interconnector project, which would connect the electricity grids of Greece, Cyprus, and Israel, will proceed, energy expert Dr ...
Despite efforts by the current government to fully postpone green taxation, which the Anastasiades administration had built into the framework for Cyprus to access recovery and resilience funds, the EU ...
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 Cyprus association of renewable energy companies (Seapek) on Thursday expressed its “deep and growing concern” over what it described as a “lack of planning” by the energy ministry, during ...
A “leading role” in the transition to clean energy is played by the Federation of Employers and Industrialists (OEV), it said on Saturday.
“With consistency and responsibility, OEV is working ...
An agreement with Chevron for the exploitation of the Aphrodite field is of “strategic importance” and a “priority”, President Nikos Christodoulides said on Monday.
Christodoulides met with Chevron CEO Mike ...