#cyprus energy

Energy company Shell said on Friday it had ‌agreed to sell its BG Cyprus unit to Hungarian oil and gas firm MOL Group for up to $720 million, as the British ...

With the energy sufficiency problems and power cuts that Cyprus is currently facing, energy will be one of the defining issues for the next government. The challenge extends beyond individual ...

Energy Minister Michael Damianos said that energy programme was proceeding according to the schedule, and the first natural gas from the Aphrodite gas field was expected by the end of 2030 ...

Energy Minister Michael Damianos has said that he is “delighted” that United States President Donald Trump has taken an interest in energy production in the region around Cyprus. “I believe ...

Repairs to two electricity generation units at the Dhekelia and Vasiliko power stations are expected to be completed on Thursday, a move that could restore reserve capacity to the grid ...

A proposed electricity interconnection between Cyprus and Lebanon could become a strategically important energy project for the Levant, with both countries asking the World Bank to assess the scheme’s ...

‘Provided that we do not have any breakdowns’ Cyprus’ electricity grid is equipped to meet the increased demand which is forecast over the summer amid rising temperatures and the subsequent ...

The first two articles in this series concluded that the key question facing Cyprus is no longer whether natural gas is needed, but whether the current Vasiliko LNG import project ...

Energy expert Dr Charles Ellinas on Wednesday warned that the Cypriot government is likely offering “continuous concessions” to multinational energy corporations so as to persuade them to drill for natural ...

Two gas fields located in Cyprus exclusive economic zone (EEZ) were on Tuesday declared “marketable” by multinational energy corporations ExxonMobil and QatarEnergy. Both fields, the ‘Pegasus’ field and the ‘Glaucus’ ...

The first contracts for large-scale electricity storage batteries in Cyprus are due to be signed on Tuesday, in an effort towards reducing renewable energy curtailments and increasing the amount of ...

The Cyprus-Greece great sea interconnector project (GSI) remains a strategic priority and has not been suspended, Energy Minister Michalis Damianos asserted on Tuesday, while stressing that the government will make ...

The launch of the East Med Energy Center (Emec) in Houston this week and the revival of high-level regional energy diplomacy mark significant developments in East Med energy cooperation. The ...

Cyprus, Greece, Israel and the United States established the Eastern Mediterranean Energy Centre in Houston on Friday and agreed to develop a joint roadmap for future energy cooperation. The agreement ...

Cyprus’ role in regional and international energy developments has been strengthened in recent years, Energy Minister Michael Damianos said on Tuesday, as he evaluated the day’s Atlantic Council global ...

The US-Iran ceasefire remains in place, but President Trump’s repeated warnings keep oil prices high, over $110/b. The much-heralded Trump-Xi summit in Beijing was more of a show than ...

European Energy Commissioner Dan Jorgensen on Tuesday stressed the European Commission’s “crystal clear” commitment to the planned Great Sea Interconnector project, which, if completed, will link the energy grids ...

The closure of the Strait of Hormuz has stopped about 20 per cent of global LNG supply from reaching markets and has sent gas prices about 50 per cent up from pre-war ...

Cyprus and Egypt have signed a joint declaration on a strategic partnership, marking a significant political upgrade in relations between the two countries on the sidelines of the Informal EU ...

Cooperation between Cyprus and the United States in energy, trade and investment is increasingly becoming a strategic necessity for regional stability and transatlantic energy security, Energy Minister Michael Damianos said ...

Energy is one of the most critical sectors in Cyprus, impacting everyday life, the economy, industry and almost everything else on the island. And yet, it is one of the ...

With Cyprus’ energy policy entering a decisive phase, Energy Minister Michalis Damianos in an interview with the Cyprus Mail laid out a strategy that hinges on a delicate balance, pushing ...

Cyprus EEZ came back into the limelight on the occasion of EGYPES, Egypt’s annual and foremost energy conference and exhibition that took place in Cairo this week. And in ...

The package of eight measures announced by the government to combat rising costs amid the ongoing conflict in the Middle East is worth €100 million, government spokesman Konstantinos Letymbiotis said on ...