By Hussein Sayed, Chief Market Strategist at FXTM This week has kicked off with a new precedent. It isn’t the volatile performance
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Cyprus Electricity Authority (EAC) customer service centres will remain closed to the public until April 16 while moving all services provided by the power utility online. EAC’s announcement follows the government decision to place the country in lockdown as of
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Cyprus hydrocarbons ‘will stay at the bottom of the sea, if no solution is found,’ an international energy expert said, warning time is running out while Turkey is constantly escalating its threats
Cyprus Foreign Minister Nikos Christodoulides has asked for practical help from the US to ensure that Turkey terminates its illegal energy exploration activities in the Eastern Mediterranean. Nicosia requesting decisive action came
A scrappage incentive scheme launched to encourage Cypriot motorists to replace their old high-emission bangers with new electric ones has received five times the number of applications expected. The Transport Ministry says
Washington believes Cyprus has a key role to play in East Med energy supply but warned all sides not to create further instability in the region as tensions run high over Turkey’s
Italy has underlined its full solidarity with Cyprus over Turkey’s continued illegal drilling activities for gas in Cypriot waters. A joint statement issued by Foreign Ministers Nikos Christodoulides and Luigi Di Maio,
Cyprus is failing its green credentials by staying at the bottom end of Europe for electricity generated from renewable sources, consumption of alternative energy and using RES in transport. The share of
By Dr Andrestinos Papadopoulos, Ambassador a.h. The exploration and exploitation by Cyprus and Israel of their offshore hydrocarbon resources were at an advanced stage when in an article I published in ‘Politis’
It only takes a cabinet minister to get on a bus (twice in 40 days, actually) to realise the poor state of public transport and that what is desperately needed is a
President Nicos Anastasiades inaugurated the new Petrolina liquid fuels storage facility at Vassiliko on Saturday, saying the company’s relocation was well within the timeframe agreed with the authorities and that this was
The government is coming under attack from almost every corner for its decision to oblige fuel importers to increase biofuel in the fuel mix which is expected to shoot prices up by 5-6
