Coronavirus restrictions take toll on fuel sales
Fuel sales at petrol stations during the first 10 months of the year were significantly down compared to 2019, the decline attributed to the coronavirus-related...
fuel
Cypriots seeing lowest electricity bills in years
Cypriots are set to enjoy the lowest electricity bills in almost 20 years, as the price of oil has tanked and the electricity authority is...
Next electricity bills to be 15% lower for households
The next electricity bills will be almost 15 per cent lower for the average consumer, the state power utility has said. Speaking to Economy Today,...
Electricity authority pre-purchases low priced fuel
The electricity authority (EAC) said on Friday it has pre-purchased 60,000 metric tons (MT) of fuel oil in an effort to make the best use...
Customs seize goods worth €35,118 coming from the north during September
Customs seized over 63,000 cigarettes, 115,860 grammes of rolling tobacco and hookah and 110 cigars brought over from the north during the month of September,...
House to vote this week on emissions tax
THE House will this week be voting on two government bills that aim to introduce emissions-based taxes on passenger cars and vans. Legislators have wrapped...
Fuel sales fall, losses to state some €12m in first seven months (Updated)
Consumption of motor fuel in 2018 fell by around 2 per cent on the previous year, owing to no small part to more and more...
Protesters in France block access to three fuel depots – Total
French protesters angered by higher fuel taxes blocked access to three oil depots on Monday, including two run by Total, the company said, as protests...
No plan to lower fuel tax, minister says (updated)
The government does not favour a change in its tax policy on fuel because it is low compared with the rest of the EU, Finance...
Our View: Is it any wonder we try to avoid paying tax?
ONE of the main arguments used against those filling their cars with petrol in the north is that they are using fuel for which they...
North accuses Republic of trying to damage economy
Officials in the north on Friday accused the Greek Cypriot side of using fuel checks to try to damage the economy by hiding behind excuses...
Fuel checks to target illicit trade only, government says (Updated)
Any checks at crossing points in connection with fuel bought in the north will only concern prevention of illegal trade, the government said on Thursday,...
MPs vote into law bill harmonising fuel quality
Lawmakers on Friday voted into a law with an overwhelming majority, a harmonising bill over the quality of petrol and diesel on the market aimed...
Green Line Regulation creating ‘underground economy’, Sek union says
Sek union wants the government to demand the EU review the 2004 Green Line regulation that provides the rules for trade across the divide because it...
Customs clamping down on fuel from the north
The customs department seized 150 litres of gasoline and 190 litres of diesel which were illegally imported from the north in March, department spokesman Christos...
MEPs call for Larnaca storage tanks to be moved (Updated)
By Annette Chrysostomou The gas storage tanks in Larnaca pose health and safety threats to people living in the surrounding area and should be removed,...
First petrol station to sell LPG opens in Nicosia
The first petrol station in Cyprus selling liquefied petroleum gas (LPG) for gas-fuelled vehicles has opened in Nicosia after securing all the necessary licences. The...
Cabinet approves €50,000 for cancer support groups
The cabinet has approved €50,000 to cover the cost of fuel of a service that transports cancer patients from other districts to Nicosia for treatment,...
MPs fail to ease confusion and anger over fuel prices
By Elias Hazou Parliament intends to draft a bill forcing fuel importers to immediately disclose the cost of their shipments, thus shedding light on their...
EAC bills to rise but then fall due to fluctuating oil prices
CONSUMERS will see their next bi-monthly electricity bills slightly increased due to a rise in oil prices but there will be a drop later, as...