Energy policy that leaves consumers paying more
In a damning finding, the report published at the end of February by the auditor general presenting the results of his audit of the Electricity Authority of Cyprus (EAC) concluded ...
Articles
Impact of Iran conflict on oil and LNG
With senior US officials estimating that a war with Iran is now expected to last weeks, not days, and Iran’s declaration of war on Israel and the US, the ...
Energy growth and security in an increasingly disordered transition
This was the theme of the International Energy Week 2026 held last week in London. IE Week is one of the most prestigious international annual conferences and it is organized by ...
Cyprus’ year of fundamental energy challenges
Just over a month into 2026, unfolding developments are already shedding light into the priorities that will shape Cyprus energy this year. These include EEZ and gasfield developments, electricity and renewables, ...
EU’s LNG exposure to the US and associated risks
Forecasts published last week show that by 2030 the EU could be reliant on the US for 80 per cent of its LNG imports (Figure 1). That could mean about 40 per cent of ...
All desalination should be powered by renewables
Cyprus suffered its worst drought in 2025 since 1901. The seriousness of the situation came to a head during the last two-months, propelling the government this week into a state of emergency.
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LNG import back in the limelight
2025 was a tumultuous year for energy in Cyprus. Its two biggest projects, the import of LNG at Vasilikos and the GSI electrical interconnector, were in the limelight mostly for the ...
An energy reset is happening around the world
The global climate summit COP30 that took place in Brazil in November fell short of expectations. It is not that the world is not concerned about climate change or that ...
Recent energy developments and their significance
With 2025 coming to a close, announcements for new energy developments and projects in Cyprus and the East Med have been coming in thick and fast, with something new announced every ...
Reshaping European energy
Europe is striving to progress its Green Deal, but it is facing significant headwinds. Lacklustre economic growth, high energy prices, excessive regulation and declining industrial competitiveness have thrown its energy ...
COP30 finally delivered a deal
After the drama of the last few days of the summit, COP30 finally delivered a deal on Saturday ‑ the Global Mutirão (meaning “collective effort”) ‑ despite major disagreements and divisions. ...
COP30 heads into a final showdown
A fire late on Thursday near the East Africa pavilion at COP30 in Belem, Brazil forced mass evacuations from the climate summit, just as negotiations were reaching their end. A ‘...
COP30: too many issues to tackle and little consensus
Progress at the climate summit COP30, taking place at Belem in Brazil and being attended by more than 190 countries, has been slow and patchy.
Agreements on most of the contentious ...
COP30 passes mid-point
COP30 reached mid-point during the weekend, but despite the positive spin by the hosts Brazil, real progress made so far is limited. Even though more progress is likely this week, ...
Greece at the centre of American plans for the region
The US has developed a comprehensive energy policy that includes southeast Europe and the Mediterranean. This was the subject at the two-day high level meeting of the Partnership for Transatlantic ...
COP30 makes a subdued start
COP30 has started at Belem in Brazil, but with low expectations. Not only under President Trump the US has pulled out of the Paris Agreement – starting January – but his administration ...
Greece’s new energy deal with Chevron shifts Eastern Med power balance
Chevron-Hellenic Energy Consortium’s selection: A geopolitical analysis for Greece and the Eastern Mediterranean
In a very important development, the Chevron-Hellenic Energy consortium has been selected as the preferred investor ...
Reshaping European energy in an age of uncertainty
Cyprus will be assuming the Presidency of the Council of the EU during the first half of 2026. In order to enable discussion of the aims and priorities of the incoming ...
The Great Sea Interconnector saga continues
We have been asking the president to take a clear position on GSI. He took it. He confirmed the government’s full support at his meeting with Greece’s prime ...
Chevron priorities and implications for Aphrodite
In recent interviews Mike Wirth, Chevron’s CEO, detailed the company’s priorities and plans for the foreseeable future. He said “so long as the world is using oil and ...
High hopes, harsh reality: Why CEM is unlikely to deliver cheaper power in Cyprus
The single aim of the competitive electricity market (CEM) must be to bring about substantial reductions in Cyprus’ very high electricity prices. Anything else is of secondary importance and certainly ...
Two key energy projects going nowhere
It has been a tumultuous week for energy in Cyprus. Its two biggest projects, the import of LNG at Vasilikos and the GSI electrical interconnector, were in the limelight mostly ...
How American energy interests play in our neighbourhood
American oil companies became involved in the Middle East right from the start of the oil industry in the region. A Standard Oil subsidiary, that later became Chevron, gained concessions ...
Planning for climate change: caught unprepared
Wildfires, droughts, increased electricity demand, impacts on agriculture and tourism: with climate change they have not only become permanent but are intensifying. And making it even more challenging, the Mediterranean ...