#fuel

Fuel prices could keep rising for months even after the Strait of Hormuz reopens, the U.S. Energy Information Administration said on Tuesday, deviating from President Donald Trump’s assurances ...

Energy Minister Michalis Damianos said on Tuesday that stricter measures including a potential price cap could be imposed if profiteering is identified in the fuel market. Speaking on Sigma TV, ...

European Union governments should prepare for a “prolonged disruption” to energy markets as a result of the Iran war, the bloc’s energy chief has told countries’ ministers ahead of ...

President Nikos Christodoulides will address the public on Thursday with specific measures to tackle rising energy costs, as the government prepares further interventions to ease pressure on households and businesses. ...

Cyprus is facing further fuel price increases in the coming weeks, though supplies remain sufficient for around 90 days, petrol station association president, Savvas Prokopiou, said on Friday. “Naturally, there will ...

Value added tax on fuel has been zeroed in the north to combat price rises amid the ongoing conflict in the Middle East, the north’s ‘energy minister’ Olgun Amcaoglu ...

Slovakia’s government on Wednesday approved a resolution allowing service stations to set higher diesel prices for cars with foreign plates as it clamps down on “fuel tourism” amid a ...

For the moment, Cyprus does not face a problem in relation to its fuel stocks amid the Persian Gulf energy crunch, the Cyprus Mail has learned. “Right now we are ...

Iraq has agreed to supply Lebanon with fuel for six more months, the office of Iraqi Prime Minister Mohammed Shia al-Sudani said in a statement on Saturday, renewing a deal ...

The customs department on Saturday found a total of 1,395 litres of petrol which had been smuggled into the Republic from the north in a house. The petrol was stored in ...

The energy regulator said on Tuesday it will review data purporting to show how the Electricity Authority of Cyprus (EAC) could “trim the fat” and cut costs by up to 15 ...

The customs office has failed to be transparent over rules affecting the public on transporting fuel from the north, ombudswoman Maria-Stylianou Lottides said on Tuesday. In a report, she specified ...

Fuel prices across Cyprus appear to be distorted in 2023 – 2024, with significant price differences across cities, the Cyprus consumers association said on Wednesday. Nicosia in particular appears to have the biggest ...

A truck driver was fined after he was caught trying to bring 4,500 litres of fuel from the north to the Republic, the customs office said on Wednesday. Police pulled the ...

A 41-year-old man was arrested Thursday night for transporting fuel in an unlicensed vehicle, police said on Friday. The suspect was stopped for a police check at around 11:30pm on ...

Government subsidies on electricity and fuel tax will be extended into the spring, President Nikos Christodoulides said on Wednesday. The extensions to the subsidies were announced among a raft of ...

Tanker drivers refueling from the facilities of the Hellenic Petroleum company in Vasiliko went on a spontaneous two-hour work stoppage on Tuesday morning. Employees of Cypoil Trading Ltd, Go Now, ...

Trade union Isotita has called on Finance Minister Makis Keravnos to reduce taxation on fuel, in a strongly worded open letter sent on Thursday. They said fuel is a “major ...

It was encouraging to hear Finance Minister Makis Keravnos defending the government’s decision to end the subsidy of all electricity bills and the reduction of the consumer tax on ...

The government is due to announce stricter controls at crossings to clamp down on abuses related to the purchase of fuel from the north, Energy Minister George Papanastasiou said on ...

Police have confiscated 160 litres of petrol, as well as 107 boxes of cigarettes and 12 boxes of tobacco, from a vehicle on the road between the villages of Kato Moni and Menoiko. ...

The abolition of the tax freeze on fuels and electricity sends the message that the government is out of touch with society, Peo union claimed on Wednesday. “The decision shows ...

Fuel and electricity prices are set to rise as of July 1 following expiration of the relief measures for consumers introduced last year. According to Finance Ministry permanent secretary, George Panteli, ...

The European Union can learn from Spain and Portugal’s mechanism to cap the price of gas used in power generation, although the scheme is not suitable to immediately roll ...