Concerns about a global economic slowdown impacting demand overshadow Saudi Arabia’s promised output cuts. The market sentiment has also been affected by rising fuel stocks in the US and disappointing Chinese export
Follow-through from last month’s G7 meeting, when “increased deliveries of LNG” and “publicly supported gas investments” were endorsed, has started to emerge. US public finance has started to flow for LNG, despite
Minister of Energy George Papanastasiou is in Israel to meet his Israeli counterpart to discuss the possible import of natural gas and build the associated infrastructure. He also hopes to resolve a long-running dispute
Cypriots will see energy costs rise overnight when a freeze on consumer tax on fuel and a government subsidy on electricity bills expire at the end of June. The relief measures introduced
Cyprus is way off reaching its goal of wiping out CO2 emissions in transport by 2035, as a lack of planning by authorities has meant only a very limited number of electric
Now the football season is coming to a close with a few finals left to be decided in Europe; nothing is more entertaining than the government trying to sell its shiny new
It is difficult to keep up with the rapidly evolving geopolitical developments in the region, especially when you are a small player on a bigger game board. Cyprus’ energy discoveries remain unutilised
Work on the island’s first private conventional power station, promising cheaper electricity, is in full swing as the gas turbines arrived, developers Cyfield Group announced. In an announcement, Cyfield said the 3
Consumers have paid €570 mln between 2017 and October 2022 due to the Electricity Authority of Cyprus’ failure to switch to renewable energy and misuse of the European Emissions Trade Scheme, an
The offshore Aphrodite natural gas field developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the
