Energy

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed US attempts to ...

Any unauthorised drilling activity in Turkey’s ‘continental shelf’ off the southern coast of Cyprus will be immediately dealt with, sources at the Turkish defence ministry were reported as warning ...

The head of the certified electricians’ association, George Kyriakou, on Wednesday warned the public about faulty cut-off switches linked to photovoltaic (PV) installations, and separately cautioned against rushed installations of ...

The president and CEO of Greece’s Independent Power Transmission Operator (Admie) Manos Manousakis described the recent developments in cross-border energy interconnections as a positive step forward for regional energy ...

President Nikos Christodoulides on Monday described his official visit to Israel over the weekend as “completely successful” covering issues including the India-Middle East-Europe Economic Corridor and the Great Sea Interconnector. ...

Oil prices fell more than 2 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, spurring concerns about more supply coming into a ...

The European Union will on Tuesday announce a roadmap to phase out the bloc’s remaining gas ties with Moscow, but in the absence of sanctions it will be difficult ...

The recent electricity blackout in Spain and Portugal may have been caused by a combination of rare atmospheric vibrations, high renewable energy production, and low system inertia, according to Andreas ...

BP (BP.L) this week reported a deeper-than-expected 48 per cent drop in net profit to $1.4 billion on weaker gas trading and refining results and announced the departure of its strategy ...

Oil prices fell on Thursday, extending a steep decline the previous session due to signs that Saudi Arabia, the world’s largest crude exporter, could raise production and data showing ...

Cyprus on track for a Hydrogen Economy by 2060, according to study by Frederick University The H2Zero Research Unit at Frederick University has unveiled a comprehensive strategic plan for Cyprus’...

The Ministry of Energy, Commerce and Industry on Wednesday announced a new call for proposals under the business digital upgrade scheme, part of the national programme Thaleia 2021–2027. The scheme, aimed ...

How energy communities are an integral part of the renewable storage solution By Natasa Ioannou Cyprus is experiencing a critical juncture in its transition to renewable energy. While renewable energy ...

Nuclear energy continues to play a critical role in the European Union’s energy mix, covering approximately 22.8 per cent of total electricity generation, according to former chairman of the Cyprus ...

The Cypriot government is under fire over its decision to cut funding for electric vehicle (EV) subsidies, sparking concern among car importers and green mobility advocates. In a statement issued ...

The Cyprus association of renewable energy companies (Seapek) on Thursday expressed its “deep and growing concern” over what it described as a “lack of planning” by the energy ministry, during ...

Italian energy company Eni on Thursday described the two agreements signed by Cyprus and Egypt earlier this year concerning the exploitation of natural gas resources under the seabed in the ...

Oil prices recovered some losses on Thursday after falling nearly 2 per cent in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the ...

Cyprus is set to expand its energy infrastructure with new storage facilities and power generators, Giorgos Petrou, president of the Cyprus energy regulatory authority (Cera) confirmed on Wednesday. According to ...

Oil prices climbed more than 1 per cent on Wednesday, extending the prior day’s gains, as investors weighed a fresh round of US sanctions on Iran, a drop in US ...

Oil prices climbed on Tuesday as investors took advantage of the previous day’s losses to cover short positions, although concerns persisted over economic headwinds from tariffs and US monetary ...

Turkey’s daily natural gas production at its flagship Sakarya field in the Black Sea has reached around 9.5 million cubic metres, Energy Minister Alparslan Bayraktar said, as the country ramps ...

A steep drop in crude oil prices largely due to US President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic ...

The Ministry of Energy, Commerce and Industry has announced a new call for proposals under the Digital Upgrade of Businesses Scheme, part of the EU co-funded Thaleia 2021–2027 programme. According to ...