Cyprus, Greece, Israel seek energy boost

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

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Fuel sales down in February

Annual fuel sales recorded an overall 7% decrease in February, with oil companies reporting sales of 107,779 tonnes of fuel, according to the Statistical Services. There was a decrease in oil supplies

Europe’s LNG strategy is flawed

The current European natural gas markets still are looking at very high price settings, while demand is below historical levels, and supply could be hit by Asian demand increases. Since the Russian

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Cyprus’ power grid in trouble

A lack of desire and disregard have left Cyprus consumers at the mercy of hiking energy prices while the country’s grid is on the verge of crisis, say environmentalists. While consumers struggle

Emission fines inflate electricity bills

While consumers struggle with inflation, there are fears that electricity bills will bulge as the Electricity Authority is called to pay an increased cost for emitting greenhouse gases. According to Phileleftheros daily,

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