#cyprus energy

Pegasus lived up to his name and delivered for ExxonMobil. It “gushed forth” gas from the depths of block 10. Pegasus’s name comes from the Greek word “pêgê,” meaning “...

Matters became heated between Energy Minister George Papanastasiou and the electricity authority’s scientific staff’s trade union Sepaik leader Marios Pappoutis at the union’s annual general meeting on ...

Fresh questions are being raised over when the Vasiliko LNG terminal will finally be completed. The state-owned natural gas infrastructure company (Etyfa) has confirmed that the project remains under review, ...

Soaring energy costs and suffocating bureaucracy are the biggest threats facing Limassol’s industries, Energy Minister George Papanastasiou has warned, pledging swift action to tackle the crisis. Speaking after a ...

The latest drilling, due to have been completed on Sunday, in Exxon Mobil’s Block 10 was successful, Energy Minister George Papanastasiou said on Sunday, adding that results would be announced ...

A fierce row has erupted over the undersea electricity link between Cyprus and Crete, as Greece’s power grid operator on Tuesday warned it would halt work unless it gets ...

As Europe advances on a sustainable energy future, the challenge of building clean, reliable and affordable energy systems is both urgent and complex Success in building a sustainable energy future ...

It is now official. The commercial operation of Cyprus’ Competitive Electricity Market commences on September 15, with the first trading day on October 1. It took an inordinate length of time to ...

The energy ministry on Sunday called on oil traders to demonstrate the “maximum responsibility” as the conflict in the Middle East sent oil prices soaring over the weekend. Meanwhile, the ...

President of the technical chamber Etek on Thursday said that the energy minister’s concerns about the opening up of the electricity market were reasonable and justified. In a written ...

Energy Minister Geroge Papanastasiou on Tuesday praised the “common political will” of his eight counterparts from the European Union’s other ‘Med9’ states to “promote a coherent green development strategy”. ...

This is focused on Cyprus, Egypt and Israel. All three countries have abundant renewable energy potential, especially solar. But so far success in harnessing it is mixed. Cyprus produced 24 per ...

There is “no clear information” on whether or not the Great Sea Interconnector project, which would connect the electricity grids of Greece, Cyprus, and Israel, will proceed, energy expert Dr ...

Despite efforts by the current government to fully postpone green taxation, which the Anastasiades administration had built into the framework for Cyprus to access recovery and resilience funds, the EU ...

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 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 ...

A “leading role” in the transition to clean energy is played by the Federation of Employers and Industrialists (OEV), it said on Saturday. “With consistency and responsibility, OEV is working ...

An agreement with Chevron for the exploitation of the Aphrodite field is of “strategic importance” and a “priority”, President Nikos Christodoulides said on Monday. Christodoulides met with Chevron CEO Mike ...

Cyprus is an “attractive gateway for energy investment”, Energy Minister George Papanastasiou said on Sunday. Speaking at the Capital Link Cyprus business forum in New York, he said the island ...

For years, Cyprus has struggled with electricity blackouts, high energy costs and a slow transition to renewables. Now, as officials debate a new law to protect solar panel owners from ...

Thousands of megawatt-hours of power generated by renewables get discarded each day because Cyprus lacks the storage systems, MPs heard on Tuesday. The House energy committee discussed energy storage in ...

The leaderships of Electricity Authority (EAC) trade unions will meet on Monday to examine “serious developments” in the energy sector. In a letter to the authority’s board, the four ...

Much of the discussion at the FT’s International Energy Policy Forum in Brussels earlier this month applied to Cyprus as well as other areas of the world. The event ...

Three presidents and 13 years after the discovery of gas in the Aphrodite field, the government this week clinched a deal with US oil giant Chevron for the development of the ...