A tanker carrying about 400,000 barrels of oil departed from Mexico’s Pajaritos port and was on Monday en route to Cuba, where an acute energy crisis has left the island ...
The extension of emergency measures that had been taken to address the energy crisis was necessary and proportionate, Energy Minister George Papanastasiou said on Tuesday during the Energy Council of ...
“The cold is coming soon,” gloated former Russian president Dmitry Medvedev last June. He predicted that the citizens of the European Union, deprived of the Russian gas that normally supplied ...
Retailers in Europe are having to strike a delicate balancing act with this year’s Christmas displays: how to create enough festive sparkle to loosen cash-strapped customers’ purse-strings, while acknowledging ...
Cyprus can be a part of the solution to the energy crisis in Europe, Hungarian Foreign Minister Peter Szijjarto said on Monday, during a meeting with his Cypriot counterpart Ioannis ...
Russia’s president said Europe was to blame for its energy crisis with policies that starved the industry of investment as EU states struggled on Wednesday to agree on a ...
Russian missile strikes on Ukraine’s power network caused blackouts in many parts of the country on Monday, deepening fears of outages this winter and prompting Kyiv to halt electricity ...
The need for the EU to act in such a way as to send a clear message to Turkey that its behaviour is unacceptable was emphasised on Friday by President ...
European Union leaders on Friday agreed to give more financial and military aid to Ukraine, but a full day of talks in Prague’s ornate royal castle seemed to bring ...
Municipalities have asked the finance minister to boost their state grants amid surging energy costs, with local authorities warning that some are on the verge of collapse and will have ...
Europe’s energy crisis has upended the green transition and undermined efforts keep global warming below 1.5 degrees Celsius, business leaders and environmentalists said on Monday, with one warning of an “...
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 ...
Italy will be able to get through the winter with existing gas storage and flow levels unless there are “catastrophic events”, the country’s energy minister said on Sunday.
“We ...
The European Commission wants to force fossil fuel firms that have pocketed gains from soaring energy prices to make a financial contribution to help citizens and industries grappling with sky-high ...
It is time for Cyprus to move from words to action
As we approach winter the global energy crisis is getting worse and worse. It has shifted from a situation ...
European Union energy ministers on Friday tasked Brussels with drafting proposals within a few days to cap the revenues of non-gas energy producers and help power firms stay afloat.
But ...
The island’s consumer and quality of life association on Monday criticised the government for failing to act decisively in an effort to ease the burden of the rapidly rising ...
France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday, saying this showcased European solidarity in the ...
Upcoming European Commission proposals to tackle surging energy prices will aim to cap the price of gas Russia sends to Europe via pipelines, and offer support to electricity producers facing ...
Norway’s gas export system is set to deliver record volumes of energy to Europe and is committed to sending large amounts in the coming years, the head of pipeline ...
Britain faces a “humanitarian crisis” this winter when the difficult choices forced upon low-income households by soaring energy bills could cause serious physical and mental illness, a healthcare lobby group ...
Russian state-owned companies Rosneft and Gazprom will be able to ship oil to third countries under an adjustment of European Union sanctions agreed by member states this week aimed at ...
The current energy crisis and inflation have undone the rebound in the Cyprus economy registered last year, depleting households’ disposable income and posing a threat to the stability of the ...
The energy situation in the European Union as a result of the Russian invasion of Ukraine and the next steps after the suspension by Gazprom of supplies to Poland and ...