Energy

Energy Minister George Papanastasiou travelled to Israel on Wednesday to meet his Israeli counterpart Eli Cohen. The pair are set to discuss the planned electrical interconnector which, if constructed, will ...

Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates (UAE) become more ...

Oil was little changed on Tuesday after rising in the previous session as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks ...

Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the possibility of a ceasefire in Gaza gained traction. Brent crude futures were down 2 ...

The liquefied natural gas (LNG) terminal in Cyprus is back on track and should be finished by the end of the year, China’s ambassador to Cyprus said on Thursday. “...

Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors braced for the US Federal Reserve’s interest rate policy announcement later in the ...

Oil prices dipped on Tuesday due in part to the prospect of rising supply from Russia, slower-than-expected downstream demand in sectors such as jet fuel, and cautious trading ahead of ...

President Nikos Christodoulides on Saturday paid a visit to the liquefied natural gas (LNG) terminal ahead of the now-confirmed restart of construction work. Speaking to journalists at the site, he ...

Oil prices edged lower on Friday but were on track to gain over 3 per cent for the week, boosted by the International Energy Agency raising its 2024 oil demand forecasts and ...

Methane emissions from the energy sector remained near a record high in 2023 despite a raft of commitments from the oil and gas industry to plug leaking infrastructure, a report by ...

A U.N.-backed banking climate coalition on Wednesday released updated guidance for members requiring them to disclose more about how they plan to cut carbon emissions, including for the ...

The introduction of a reliable tool for assessing the degree of compliance with ESG (Environmental, Social, Governance) criteria that companies must meet to ensure their sustainable development, will be introduced ...

High-level officials from the Chinese-led consortium responsible for constructing the liquefied natural gas (LNG) terminal at Vasiliko are expected to visit within the week, according to Energy Minister George Papanastasiou. ...

Britain is proposing to build new gas plants to improve energy security and risks facing blackouts without them, the government said on Tuesday. As part of efforts to meet climate ...

Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years ...

Opposition party Akel on Monday reiterated their call on government to make moves to drive down electricity costs for households and businesses, while demanding that light be shed on the ...

By Theodoros Zachariadis The European Union adopted the European Climate Law (Regulation (EU) 2021/1119) in 2021, which requires the EU to reach net zero emissions in 2050 – that is, if emissions still exist, ...

Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships ...

The Tenders Review Authority on Thursday saved the state from a potential major headache – losing out on EU funds – by ruling that a contract awarded for the installation of smart ...

The government intends to participate in the Great Sea Interconnector project alongside Greece and Israel, provided that the conditions set by the cabinet will be fulfilled, Finance Minister Makis Keravnos ...

Oil prices held steady on Thursday, holding onto overnight gains after upbeat Chinese trade data and after US data showed a smaller-than-expected rise in crude inventories and large draws in ...

The energy regulator (Cera) on Wednesday ruled out a price increase on electricity bills. According to a Cera board decision, “It was decided to keep in force for the year 2024 ...

Cyprus has been urged to cough up its €100 million financial share in the Great Sea Interconnector project in a meeting between Finance Minister Makis Keravnos and Greece’s Independent Power ...

Cyprus’ Finance Minister Makis Keravnos met with the chairman of Greece’s Independent Power Transmission Operator (Ipto) Manousos Manousakis, according to an announcement released on Tuesday evening. The announcement said ...