#energy

The Electricity Authority of Cyprus (EAC) has decided not to pursue its request for a 25 per cent hike in their tariff, following a meeting with Energy Minister George Papanastasiou. Reports ...

Electricity costs have been getting higher and higher, and it’s becoming a major issue. To tackle this, the government has been introducing all sorts of incentives to encourage investment ...

The ‘TRNC’ has a right to 462,000 square kilometres of Cyprus’ exclusive economic zone (EEZ) including continental shelf, territorial waters and maritime areas of jurisdiction, Turkish Cypriot leader Ersin Tatar has ...

The plan to switch to gas-fired power generation seems subject to even more delays with consequent EU fines I was in the middle of writing this article when the Auditor ...

EU Finance Ministers, including Cypriot minister Makis Keravnos, have said that gradual recovery is expected in 2024, but have warned that this will be in an environment of heightened uncertainty and ...

Global energy will continue to be driven by security concerns in 2024, ahead of climate goals, as wars, conflicts and threats to supplies continue. Renewable energy systems (RES) will carry on ...

Energy Minister George Papanastasiou conceded on Tuesday that Cyprus cannot become an energy hub in the eastern Mediterranean, as it lacks the necessary infrastructures. He made the remarks during the ...

The Israel-Hamas war is a crisis but, in terms of energy, what happens is dependent on the extent and duration of the fighting. The concern is that the main combatants ...

Navigating the complex interplay of geopolitics and geoeconomics By Panayiotis Tilliros The world is currently witnessing a tumultuous period marked by three significant wars that have far-reaching geopolitical, geoeconomic and ...

The saga of the Aphrodite gas field continues, although according to the latest information from Energy Minister Giorgos Papanastasiou, there is a possibility it would reach its conclusion, in some ...

A Special Purpose Vehicle (SPV) subsidiary, which will facilitate the possible entry of the Republic of Cyprus and other potential investors in the EuroAsia Interconnector project, is to be established ...

Rejecting Turkey’s energy proposals is not enough. Cyprus should also be ready with counter-proposals that could contribute to reviving and speeding-up the Cyprus talks By Dr Charles Ellinas and ...

Cyprus will respond to a request from Chevron to extend a deliberation period for the ‘Aphrodite’ gas field in the exclusive economic zone (EEZ) within the day, Energy Minister George ...

Cyprus is considering the possibility of granting a new extension for negotiations with Chevron and is determined to exhaust every opportunity for negotiations until the very last moment, the Cyprus ...

Chevron’s director of exploration and production for the Middle East, Africa and South America, Clay Neff, will be in Cyprus on Friday for a slew of meetings with the ...

Long-term conflict in the Middle East could delay projects for the development of natural gas fields, experts said on Tuesday as others postulated that in the three to four years ...

The government is working towards making Cyprus energy independent, Energy Minister George Papanastasiou said on Tuesday. “The autonomy of a state is not only related with its finds and its ...

Cyprus receives more energy from the sun per square metre than anywhere else in Europe and yet there is no end in sight to our energy woes “Between May and ...

Energy Minister George Papanastasiou was in Abu Dhabi on Monday to participate in discussions at ADIPEC 2023, the world’s largest and most inclusive international conference for the energy industry. Papanastasiou ...

The exploitation of the Aphrodite natural gas remains a priority President Nikos Christodoulides and the head of Chevron international Clay Neff, and other team members said on Wednesday. From the ...

Chevron is probably prepared to negotiate around its proposed FDP, but it will probably be on the details rather than the substance It finally happened. Cyprus rejected Chevron’s updated ...

Officials of the European Investment Bank (EIB) will be in Cyprus next month for talks with the government concerning the EuroAsia Interconnector project, the finance minister told MPs on Tuesday. ...

Τhe EuroAsia Interconnector and Cyprus’ 2030 Energy Plan Cyprus issued its draft updated National Energy and Climate Plan, 2021-2030, (NECP) for public consultation on July 21 and to the European Commission (EC) ...

Even though the final results of the successful appraisal drilling of the Aphrodite gasfield earlier this year have not yet been formally announced, development of Aphrodite appears to be getting ...