#cyprus energy

Western governments have agreed to cap Russia’s oil export price at $60 a barrel in a bid to curb profits that support its budget, military and invasion of Ukraine. This ...

By Dr Andrestinos Papadopoulos That Cyprus-Egypt relations are presently at their highest level is an evaluation that represents an undisputable reality. We should go back to ancient times to trace ...

President Nicos Anastasiades on Friday said it was a necessary condition to strengthen the cooperation of the nine Mediterranean states, in order to turn the region into an area of ...

President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing’s goal to establish ...

The effects of human activity from climate change to pollution are “devastating” marine life, with nearly a tenth of underwater plants and animals assessed so far threatened with extinction, the ...

The scramble for quick solutions to secure affordable and reliable energy could imperil climate action There is no question that the energy crisis has forced governments to reconsider their priorities, ...

President Nicos Anastasiades said on Thursday Cyprus would continue with its energy policies, despite any provocation or threat face from Turkey. “Cyprus does not object to Turkey’s participation. We ...

Electricity prices rose sharply – by almost a third – in Cyprus during the first half of the year, according to data just released by Eurostat. The data show a 32 per cent ...

Finance Minister Constantinos Petrides warned on Monday that “tectonic shifts are underway” as he warned that the days of cheap energy and cheap money are over. Petrides made the comments ...

Outgoing president Nicos Anastasiades on Sunday claimed that he was handing over a Cyprus “better than the one he received”. In an interview with ‘INSIDER’ magazine and in relation to ...

Energy companies, hit by soaring power and gas prices related to the war in Ukraine, can secure public guarantees exceeding 90% coverage from EU governments to cover margin call requirements under ...

The European Union needs to do more about third countries violating sanctions on Russia, President Nicos Anastasiades said on Friday attending a European Council meeting in Brussels, and alluding to ...

Prime ministers of Italy and Belgium were among those to air frustration on Thursday with Germany’s refusal to cap gas prices as the 27 European Union leaders met for a ...

The time for talking is over, French Finance Minister Bruno Le Maire said on Monday, as the government ordered more fuel depot staff back to work to try to restore ...

A project which will connect the Cypriot, Greek and Israeli power grids through the world’s longest submarine power cable which will total over 1,200 kilometres with a 2,000 Megawatt capability that ...

EU Energy Commissioner Kadri Simson arrived in Cyprus on Thursday to take part in the inauguration of the works on the EuroAsia Interconnector that are set to start on Friday. ...

Trade unions representing the electricity authority (EAC) employees have accused the state of having “no comprehensive energy strategy” hampering their ability to serve the public. In a publicly released letter ...

Germany said on Wednesday it was receiving less oil but still had adequate supplies, after Poland found a leak in the Druzhba pipeline that delivers crude from Russia to Europe ...

United Arab Emirates President Sheikh Mohammed bin Zayed al-Nahyan will travel to Russia on Tuesday to meet with President Vladimir Putin, UAE state news agency WAM reported on Monday. UAE’...

The European Union can learn from Spain and Portugal’s mechanism to cap the price of gas used in power generation, although the scheme is not suitable to immediately roll ...

By Gloria Dickie Sudanese-British billionaire businessman Mo Ibrahim accused developed countries of hypocrisy in warning Africans against developing natural gas reserves while also eyeing such investments in response to the ...

True alternatives to the Electricity Authority (EAC) for energy provision can be expected by the end of November, Charalambos Rousos, the director of energy has said. Speaking on CyBC radio ...

By Andreas Charalambous and Omiros Pissarides For a prolonged period the prices of conventional energy (coal, oil and natural gas) were contained at low levels, mainly reflecting the view that ...

Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas ...