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.
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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 ...
Cyprus recorded the third highest increase in domestic electricity bills, as prices rose by 36 percent in the second half of 2021 compared to last year, according to data released by Eurostat, ...
The east Mediterranean is critical for energy security, Deputy Assistant Secretary of State for Energy Diplomacy Laura Lochman has told CNA, pointing out that through potential interconnections between Israel, Cyprus ...
Parliament on Tuesday wrapped up discussion of legislation aiming to convert the Natural Gas Public Company(Defa) into a state entity governed by public law, with one MP saying that ...
By Kyriacos Nicolaou and Elias Hazou
Inflation is probably here to stay, Finance Minister Constantinos Petrides said on Tuesday, voicing doubts about the planned transition to ‘green energy’.
He made ...
The EuroAsia Interconnector can be a gamechanger for energy security and the provision of energy to European markets and beyond, Energy Minister Natasa Pilides said on Monday.
She was speaking ...
No one is preventing Turkey from having a role in energy developments in the Mediterranean, once it has agreed with the Republic of Cyprus on the delineation of the exclusive ...
Prospects for the EastMed pipeline suffered what seems like a final blow on Thursday as a senior US State Department official labelled it expensive and unviable, while making the case ...
Energy Minister Natasa Pilides has said that the latest developments may positively affect the development programme of Cyprus deposits and referred to her contacts with her counterparts of Egypt and ...
Ukraine crisis has created opportunities for the East Med region and Cyprus gas
With the EU seeking to get-rid of Russian gas – now at 40 per cent – by two-thirds by the ...