#energy

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 ...

Leaders from European Union countries will agree at a summit this week to jointly purchase gas, liquefied natural gas and hydrogen ahead of next winter, according to a draft of ...

ExxonMobil and Qatar Petroleum, consortium partners in Block 10 of Cyprus’ Exclusive Economic Zone have found “high-quality natural gas” in the ‘Glaucus-2’ appraisal well, the energy ministry said Monday. In a ...

Cyprus has work to do in order to accelerate its switch to greener forms of energy, but has already accomplished a fair amount, Energy Minister Natasa Pilidou said during a ...

Cyprus fuel prices have surged in line with those abroad, but are still among the lowest in the EU, Energy Minister Natasa Pilides said on Friday, adding that based on ...

The rise in energy and grain price levels due to the war in Ukraine, but also the possibility of stagflation are his main concerns Finance Minister Constantinos Petrides said on ...

By Christoph Steitz, Riham Alkousaa and Maria Sheahan Germany signalled a U-turn in key energy policies on Sunday, floating the possibility of extending the life-spans of coal and even nuclear ...

Cyprus LNG plant vs the East Med pipeline in the context of Greek-Turkish and geopolitical tensions By Panayiotis Tilliros According to John Mearsheimer, the eminent American international relations scholar, “what ...

The delay in introducing natural gas to generate electricity puts energy adequacy at risk, Akel said on Tuesday after Phileleftheros reported that the electricity authority (EAC) must, under commitments made ...

The partnership between Cyprus and the US, and the prospects for regional cooperation on energy issues were discussed during a meeting Thursday in Washington between Foreign Minister Ioannis Kasoulides and ...

In 2020, renewable energy sources (RES) made up 37 per cent of gross electricity consumption in the EU, up from 34 per cent in 2019, according to data released by Eurostat, the statistical office ...

Turkey’s president Tayyip Erdogan announced on Thursday that Israeli president Isaac Herzog will pay an official visit to Ankara next month. While Herzog’s spokesman declined to comment, The ...

Cyprus ranked second from the bottom in the EU 27 for the use of renewable energy for electricity consumption in 2020 according to figures issued by Eurostat on Wednesday. It shared this ...

Energy Minister Natasa Pilides late on Wednesday welcomed the approval of €657m in EU funds for the EuroAsia Interconnector as “excellent news for Cyprus”. The ambitious project would end Cyprus’ ...