Freeze on fuel tax to be extended

As fuel prices start to rise after reaching their lowest ebb for a year, the outgoing government is considering extending a freeze on consumer tax at the pumps. In comments to Omega

Israel’s first oil exports from Energean field

Israel’s first-ever stream of crude oil exports to global markets was launched from Energean’s Karish development in the eastern Mediterranean. The crude shipment was loaded this week from the Energean Power Floating

Government told more RES can’t be absorbed

The government will continue to subsidise the installation of solar panels in homes, despite warnings the system can’t absorb additional Renewable Energy Sources (RES), said Energy Minister Natasa Pilides. A joint letter

Energy markets to remain unstable

The Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven by China, leads to increased energy demand, impacting prices upwards.

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Natgas market under the weather

The lack of new liquefaction capacity coming online in the US, combined with low additions globally in 2023, stands to pressure the gas market as it grapples with extreme volatility and persistently

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Nowhere to plug your EV

Cyprus’ e-mobility transport network is hampered by a lack of charging points, with authorities rushing to place the infrastructure to cater to the rising demand for electric vehicles. The world is on

New free e-charging point in Nicosia

Cyprus is moving forward with its green agenda by promoting electric vehicles and charging infrastructure to build sustainable cities, said the Minister of Transport Yiannis Karousos. He unveiled a new free electric

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Cyprus surpasses renewable energy targets

Electricity generated from renewable energy sources in Cyprus could eventually make up as much as half of all power conveyed to other countries through an electricity cable linking the island’s power grids

Limassol’s public transport goes electric

Public transport in Limassol is going green, with 35 fully electric buses on the city’s roads in February, pushing the older diesel models into retirement. The 35 six-metre-long electric busses will be

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