Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the US energy major looks to meet growing demand in the region and Europe. Chevron,
Energy Minister George Papanastasiou has discussed with consortiums the option of importing natural gas quantities from Cyprus’ Exclusive Economic Zone for power generation in combination with LNG exports via a small plant.
The government has decided to continue subsidising fuel prices at the pumps by extending a reduction on consumption tax for another two months. The Finance Ministry announced on Wednesday that the government
Having definitive criteria for renewable hydrogen is key to making investment decisions to launch EU initiatives that can support the growth of the industry, the European Parliamentary Research Service (EPRS) said. EPRS
There is keen interest in installing photovoltaics on roofs or elsewhere, and based on the government’s subsidised programme, PV systems operate by offsetting the electricity produced and consumed. That is, each home
The government plans to extend a subsidy on electricity bills introduced by the previous administration but will discontinue a freeze on consumer fuel tax. According to Phileleftheros daily, quoting government sources, President
The Turkish-occupied north was left in the dark on Monday after suffering a general blackout, with Turkish Cypriot authorities screaming foul play, blaming workers at the electricity authority. As reported by news
Surging oil prices are likely to mean higher interest rates for longer as the price rally adds to inflationary pressures, warned the CEO of a leading financial advisory and fintech. The the
Cyprus, Israel and Greek foreign ministers highlighted the importance of their energy cooperation and its contribution to the stability in the region. Cypriot Foreign Ministers Constantinos Kombos, Greece’s Nikos Dendias and Israel’s
Energy Minister George Papanastasiou said there is potential for the Eastern Mediterranean region to contribute to the diversification of the EU’s energy sources during its transition from natural gas to new renewables
