While consumers brace for another wave of energy and fuel price hikes, the government is throwing in the towel, claiming it has run out of ammunition to contain costs. Finance Minister Constantinos
Nexans Norway AS has been named the preferred bidder for supplying and installing the EuroAsia Interconnector’s 1,208km subsea high-voltage DC cable. The EU-funded project, connecting the national electricity grids of Israel, Cyprus,
Regional energy regulators meeting in Larnaca this week concluded that despite disruptions in the world energy markets, the prospects for the future of Cyprus and the wider eastern Mediterranean are promising. The
A meeting called by President Nicos Anastasiades with Energy and Finance Ministers to ease the pressure from hiking energy prices did not deliver any immediate relief to the cost-of-living crisis. President Anastasiades
The commercial viability study of the ambitious EastMed gas pipeline is not proceeding normally as Turkey is “interfering with the Nautical Geo ship conducting environmental surveys,” Foreign Minister Ioannis Kasoulides said. He
President Nicos Anastasiades will hold an emergency with ministers and officials from energy authorities in a bid to bring down galloping electricity prices amid an inflation tide. Anastasiadis has called for a
Cyprus supports the creation of a common platform for the supply of natural gas and the EU funding innovative green technologies to address the needs of the Southern Mediterranean. This was the
Cyprus motorists were hit with another nasty shock on Friday as the pump price for diesel registered a record €2.03 per litre – costing around €111 to fill up an average car.
The highest pump price for Diesel reached a record €1.999 per litre in Cyprus on Tuesday, according to the Consumer Protection Service’s Fuel Retail Price Observatory. On average, diesel costs €1.914 per
During her brief visit to three strategic states this week, vital to the European Union’s energy security and supply, the EU Commission President had a lot to say, directed to many, at
