#energy

Nicosia and Athens are monitoring Turkish movements with the Abdulhamid Han drillship and have prepared actions, depending on the target for drilling in the Mediterranean, state broadcaster Cybc reported on ...

The finance ministry said on Thursday it may tax RES producers found to have earned windfall profits as a result of the high tariffs paid to them. In a statement, ...

Turkey’s newest drillship has set sail, with destination unknown, a week earlier than previously intimated by the Turkish government. The Abdulhamid Han (ex Cobalt Explorer) is a seventh-generation ultra ...

Activity in Cyprus’ exclusive economic zone (EEZ) has been very positive lately, with works worth $200 million completed since the start of the pandemic, Energy Minister Natasa Pilides said on Wednesday. ...

Russia dealt a new blow to European countries over their support for Ukraine on Monday, saying it would further cut gas supplies through its single biggest gas link to Germany. ...

Saudi Crown Prince Mohammed bin Salman will visit Greece on July 26 to meet Prime Minister Kyriakos Mitsotakis, the Greek foreign ministry said on Friday, in his first visit to an ...

By Elias Hazou and Nick Theodoulou Oil major Chevron and the Cyprus government said on Thursday they are committed to speeding up development of the offshore Aphrodite gas field, with ...

The governments of France and the United Arab Emirates signed on Monday a strategic agreement to cooperate in the energy sector, the French government said. The partnership aimed to identify ...

The head of powerful armed group Hezbollah warned on Wednesday that “no one” would be allowed to operate in maritime oil and gas fields if Lebanon was barred from its “...

The fiscal council has sounded the alarm over delays in securing EU funds from the bloc’s recovery plan, casting a gloomy outlook against the backdrop of record inflation and ...

Those hoping for immediate relief from the continuous surge in energy prices may be disappointed in today’s meeting on the issue, with top officials instead looking towards longer-term solutions. ...

Germany is in talks with Canada over options for a liquefied natural gas (LNG) terminal on Canada’s east coast for export to Europe, a German government official told Reuters ...

Russia’s war in Ukraine can act as a catalyst for new energy sources, President Nicos Anastasiades said on Wednesday, adding that Cyprus can play its own role in EU’...

Ukraine hopes to make 1.5 billion euros from electricity exports to the European Union by the end of the year and earn to more in the future after obtaining the right ...

Opposition lawmakers on Tuesday blamed the government after learning that the much-trumpeted opening up of the electricity market will be delayed once again. The decision to push back the date ...

By Roberto Sciffo The evidence of ‘energy dependency’ becomes more acute when events, such as what is currently happening in the Ukraine, bring to light both the sensitivity of international ...

‘Promises come and go and nothing happens. And our authorities carry on doing it’ When it comes to gas development Cyprus definitely talks the talk – but can it walk the ...

Austrian Chancellor Karl Nehammer said Russian President Vladimir Putin told him on Friday that Moscow would meet its natural gas delivery commitments to Austria and was ready to discuss a ...

Cabinet on Friday approved a €103m package to help households ride out a surge in the cost of living fueled by sharp increases in energy prices as a result of ...

The EU’s €210bn plan is far-reaching but Cyprus is woefully behind In addition to its plan to stop using Russian oil, the EU has gone further, trying to grasp ...

Germany and Italy told companies they could open rouble accounts to keep buying Russian gas without breaching sanctions against Moscow following discussions with the European Union, sources said. The debate ...

Business leaders have called on the president to urgently boost the island’s self-sufficiency in terms of the food supply, warning that based on current data, higher prices and shortages “...

The European Union acknowledges the role Cyprus can play as an alternative energy supplier in the coming years as the bloc looks to reduce its dependency on Russian natural gas, ...

BP (BP.L) boosted its share buyback programme after net profit soared to its highest in more than a decade on strong oil and gas trading results, as the energy ...