Energy - Page 26

Cyprus electricity is seventh most expensive in EU

Cypriots are paying among the highest electricity bills as Cyprus ranks seventh for energy costs in the European Union. According to Euronews, Cyprus is among the ten most expensive countries for electricity

30th August 2022

Energy

Cyprus can export natural gas by 2027

Cyprus will be in a position to export natural gas in the next four to five years, said the island’s Energy Minister Natasa Pilides in an interview with a Greek newspaper on

29th August 2022

Cyprus/Energy

Energy subsidies threaten to derail Greece budget

The cost of government intervention to deal with the energy crisis rises daily as gas and electricity prices across Europe lose touch with reality and move into unchartered waters, a senior finance

28th August 2022

Comment/Energy/World

Cyprus can’t satisfy EU gas needs

The latest gas find off Cyprus is insufficient for Nicosia to join the EU’s energy plans to become less reliant on Russian supplies, as Moscow threatens to turn off the taps, says

28th August 2022

Energy

US backs Cyprus’ right to exploit its gas

The US State Department has reaffirmed its support for Cyprus to tap hydrocarbon finds within its exclusive economic zone (EEZ) despite Turkey’s threats to block it. “The US policy for the exclusive

25th August 2022

Energy

New find makes Cyprus gas more viable

Cypriot Energy Minister Natasa Pilides said Tuesday that a new gas find off Cyprus would help the EU member state speed up the commercial exploitation of its untapped resources and help supply

23rd August 2022

Energy

Eni, Total declare Cyprus gas discovery

Italian oil and gas giant Eni and its French partner TotalEnergies have made a significant gas discovery at the Cronos-1 well in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery

22nd August 2022

Energy

Cyprus has EU’s fifth biggest rise in greenhouse emissions

Regarding increased greenhouse gas emissions due to economic activity by a member state, Cyprus had the fifth largest annual rise (14%) during the first quarter of 2022, double the EU average of

17th August 2022

Energy/Europe

Saudi Aramco net income up 90% amid energy crisis

Saudi Arabia’s state-owned energy corporation, Saudi Aramco, has highlighted the huge earnings made by gas and oil-rich nations during the energy crisis after reporting revenues of $48.4 billion in the third quarter,

17th August 2022

Companies/Energy/World

Businesses urge government to speed up green transition

Businesses are urging authorities to quicken Cyprus’ transition to a greener economy to fight back against the rising energy costs. The Cyprus Federation of Employers and Industrialists (OEB) has forwarded five proposals

16th August 2022

Energy