Energy

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 ...

Energean plc announced during its stock market update for preliminary 2025 results that the fourth quarter of 2025 was the strongest production quarter in the company’s history. The company stated the ...

The total sales of petroleum products in Cyprus rose by 4.9 per cent in December 2025 compared with the same month a year earlier, data released by the Statistical Service (Cystat) showed ...

Greece will hire an external adviser to review costs for a stalled project to build one of the world’s largest undersea power cable and link mainland Europe to Cyprus, ...

The European Union reached a record high in the use of renewable energy for heating and cooling in 2024, according to Eurostat, with the total share climbing to 26.7 per cent during ...

The Energy Ministry has launched a Digital One Stop Shop service for renewable energy sources on a pilot basis to support the energy upgrade of buildings, the Energy Service announced. ...

Plans for further natural gas drilling in Cyprus’ gas-bearing blocks 5 and 10, as well as the prospect of expanding cooperation with US energy giant ExxonMobil, were discussed at the Presidential Palace ...

Greenhouse gas emissions across the EU fell again, with Cyprus recording a sharp reduction in emissions relative to economic output, according to new Eurostat data. Specifically, Eurostat reported on Friday ...

Renewable energy use in transport across the European Union edged higher in 2024, but Cyprus recorded a slight decline, according to a report from Eurostat released on Wednesday. The figures show ...

Revenue from carbon dioxide related taxes across the European Union experienced a surge between 2017 and 2023, climbing from €15 billion to €51 billion. According to Eurostat, these levies, which are strictly applied to ...

Half of the smart electricity meters which the electricity authority (EAC) had aimed to install have now been installed, Marios Pappoutis, the transmission system operator’s assistant network operator said ...

Operating an electricity grid on a small island is a “particular challenge”, Marios Pappoutis, the transmission system operator’s assistant network operator said on Friday. “The operation of the grid ...

Renewable energy sources supplied 47.5 per cent of gross electricity consumption in the European Union in 2024, with Cyprus recording one of the lowest shares in the bloc, according to Eurostat. The ...

The formulation of a bilateral agreement between Cyprus and Israel on the management of the Aphrodite-Ishai gas fields “appears to be in the final stages,” the state-run news agency said ...

The independent power transmission operator (Admie) took part in the Eastern Mediterranean regional meeting of the association of Mediterranean transmission system operators (Med-TSO), held in Amman, Jordan. According to an ...

The Kronos gas field in Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) is “in the final stage of development” ahead of a potential final investment decision, President Nikos Christodoulides said ...

The European Union’s new European Grids Package offers Cyprus a practical roadmap to escape energy isolation, cut electricity costs and curb wasted solar power if it is implemented decisively, ...

The rollout of smart electricity meters is continuing across Cyprus in January, with the electricity authority (EAC) on Friday announcing the list of neighbourhoods which are to have smart meters ...

The total sales of petroleum products in Cyprus rose by 5.6 per cent in November 2025, compared with the same month a year earlier, data released by the Statistical Service (Cystat) showed ...

Eurostat has reported that the European Union reduced its primary energy consumption in 2024, bringing it closer to its 2030 efficiency targets and signalling progress that also matters for energy-dependent countries such ...

Cyprus continued to increase its share of renewable energy in gross final energy consumption, according to Eurostat, highlighting steady progress on the island’s energy transition as the European Union ...

EU imports of petroleum oils fell sharply in the first nine months of 2025, while purchases of liquefied natural gas surged, reflecting a continued shift in the bloc’s energy mix, ...

Cyprus’ Commission for the Protection of Competition (CPC) has unanimously approved, subject to binding conditions, the acquisition of ExxonMobil Cyprus Limited by Petrolina (Holdings) Public Limited through Med Energywise Ltd, ...

Electricity tariffs remain a growing concern across Europe, with the European Commission now outlining seven targeted actions aimed at easing costs for households and businesses while strengthening the competitiveness of ...