#energy

Cyprus will begin accepting applications from commercial producers to construct energy storage facilities on the island in January, Energy Minister George Papanastasiou said on Friday. Addressing the Energy symposium in ...

“Energy giants from Gulf states” are interested in possibly drilling for natural gas in Cyprus’ Exclusive Economic Zone (EEZ), President Nikos Christodoulides said on Friday. Addressing the Energy symposium in ...

The International Energy Agency (IEA) published its annual World Energy Outlook (WEO-2024) on October 16, warning that the world is failing to limit global warming to 1.5C. What is new this ...

It has been over two-and-a-half years since ExxonMobil last drilled in Cyprus’ EEZ, but the company is about to come back. In an interview earlier this month the minister of ...

Cyprus’ first natural gas extraction will most likely be from the Kronos reservoir in block 6, which may be in 2027, Energy Minister George Papanastasiou said in an interview to Kathimerini published ...

The north’s electricity authority Kib-Tek has the right to cancel its 15-year procurement contract with Turkish energy company Aksa over contract breaches with regard to the planned subsea electricity ...

Good news on the Great Sea Interconnector (GSI) front, but priority must now shift to implementing measures that will bring electricity prices down between now and 2030, when the GSI is ...

The project for importing LNG to Cyprus must be completed as soon as possible, as every delay costs the Cypriot economy and the consumer huge sums of money, President of ...

Turkey’s Vice President Cevdet Yilmaz on Friday promised to “ensure the sustainability of the energy supply” in the north. Speaking during a visit to the north, he said Turkey ...

The chairman of the parliamentary energy committee has fired a volley of tough questions at the energy minister over the Great Sea Interconnector (GSI) in his persistent effort to pin ...

Officials of the United Arab Emirates Oil Company (Adnoc) and the British multinational BP will meet Energy Minister George Papanastasiou on Friday. According to the Cyprus News Agency the meeting ...

The EAC is moving forward with securing large plots of state land for building more photovoltaic (PV) parks, Electricity Authority director George Petrou said on Monday. “People have come forward ...

During the last two months two major reports were released reviewing world energy. First was the Energy Institute’s (EI) ‘Statistical review of world energy 2024’ published in June, followed by ...

The Electricity Authority of Cyprus (EAC) must “change” to become a competitive organisation by the time the electricity market opens up, the energy minister said on Tuesday. “Our vision is ...

Europe and the European Commission (EC) consider electricity grid interconnections between member states as strategically important, contributing to Europe’s energy security. They offer economic efficiency, provide reliability to the ...

Global companies such as Tesla and Samsung have shown interest in participating in Cyprus’ battery-based electricity storage system, Energy Minister George Papanastasiou said on Tuesday. In a presentation on the ...

Progress towards implementing the liquefied natural gas terminal at Vasiliko will be on the House energy committee’s agenda on Tuesday when it reconvenes following the elections. Energy Minister George ...

The use of energy by EU households in 2022 dropped to its lowest amount since 2016, also significantly dropping compared to 2021, while energy use in Cyprus returned to its 2019 levels, according to ...

Some companies participating in the Photovoltaics for All plan are not offering the requisite seven-year guarantee to their customers, the Cyprus Consumers’ Association said on Monday. The government had stipulated ...

This is the second time this year I feel compelled to write about the development of – or lack of – the Aphrodite gas field. This is the fifth attempt made by ...

I participated at FLAME 2024, Europe’s lead natural gas conference, in Amsterdam end April. The theme of the conference was ‘Navigating the energy trilemma’ and LNG featured prominently. A key ...

Egypt desperately needs a major gas discovery to shore up its declining production The submission of the updated development plan for the Aphrodite gasfield by Chevron at the beginning of ...

The government has asked Greece’s Independent Power Transmission Operator (Admie) to carry out a cost-benefit analysis that would then allow Cyprus to decide definitively on whether to invest directly ...

Be warned: Cyprus motorists could be hit with hikes of 25 cents/litre by the end of the year By Charles Ellinas With Cyprus finance minister announcing that he will not ...