Cyprus is weighing a proposal for a gas pipeline from Israel to the island, where it would be processed and exported by ship to Europe as Russia’s war in Ukraine compounds an energy crisis,
Electricity Authority of Cyprus (EAC) trade unions suspended strike action scheduled for Wednesday that would have caused power cuts after Labour Minister Kyriakos Kousios intervened. He arranged for unions to discuss grievances
Open-ended scheduled power cuts will begin Wednesday following a Transmission System Operator (TSO) decision to safeguard the stability of the Cyprus grid during strike action. In comments to state radio CyBC, TSO
Union-led workers at the Electricity Authority of Cyprus do not seem to have understood the free-market concept of competition. Instead, they are again manipulating the pre-election period to push through selfish demands
The power supply could be endangered by electricity authority staff deciding to pull the plug on six out-of-date steam turbines at the Dhekelia power station that pollutes the environment. In comments to
Cypriot consumers will see their electricity bills deflate slightly as a 2.2% reduction is expected on their December fees, as fuel prices drop internationally. In statements, the Electricity Authority’s (EAC) spokesperson Christina
High fuel costs have subsided as pump prices at petrol stations have dropped by three to four cents per litre. Confirming the drop, Star Oil’s CEO George Petrou said that all petrol
President Nicos Anastasiades believes Cyprus could transport natural gas sooner to Europe if Brussels invested in constructing the necessary infrastructure. In an interview with Germany’s Die Welt newspaper, he argued the EU
Cyprus Electricity Authority staff staging a 12 hour-strike Wednesday were accused of exploiting the pre-election period at the public’s expense. Trade unions are protesting the government’s “unwillingness to hire the necessary staff
Finance Minister Constantinos Petrides shot down two bills tabled by the Opposition targeting excess profits with a 90% windfall tax on producers of Renewable Energy, arguing they lack fiscal logic. “The two
