Consumers are reassured they will not face blackouts triggered by the record high energy demand from air-conditioning units working overtime during the sweltering summer. As Cyprus enters a second week of extremely
Shares in French cable and fibre optic giant Nexans soared 5% Wednesday after announcing a record €1.43 bln contract to build the world’s longest and deepest subsea electricity link between Cyprus and
Scorching temperatures prevailing over Cyprus are testing the island’s power production capacity, feeding growing calls for the government to rethink its decision to scrap an electricity bill subsidy. With air-conditioning units working
The government aims to solve energy storage within the next 18-24 months so the grid does not reject green energy, said Energy, Commerce and Industry Minister George Papanastasiou. Addressing a press conference
The drilling of an appraisal well at the offshore Aphrodite natural gas field was successfully completed with positive signs of undersea riches, said Energy Minister George Papanastasiou. He told journalists Monday that the
The eastern Mediterranean has been attracting increased attention from energy companies and European governments in recent weeks, as the realisation of the anticipated difficulties in securing next winter’s gas supplies sinks in.
With Nicosia hosting the trilateral meeting of heads of state on July 26, Cyprus, Greece, and Israel leaders will meet for the first time – two-re-elected and a newcomer. Top on their
The Cyprus government’s efforts to clamp down on what it perceived as illegal filling up with half-price fuel from the north has backfired, as the long lines of motorists at the crossing
The Spanish EU Presidency supports energy cooperation between Cyprus and Israel, said the Spanish Ambassador Gabriel Ferrán Carrión, during a presentation of Spain’s priorities as EU Council chair. On current energy cooperation
Fuel prices are set to decrease by three cents per litre in the coming days, Energy Ministry spokesperson Constantinos Karagiorgis said. “It is expected that in the next few days, either this
