More natgas found as gas flares at Cronos-2

Italian ENI’s exploration in the “Cronos-2” target within Block 6 of Cyprus’ exclusive economic zone (EEZ) appears to have yielded positive results, as gas flaring reported from the drilling site indicates the

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‘PV for all’ to start early February

Energy Minister George Papanastasiou said that the revised ‘Photovoltaics for All’ scheme, encouraging homeowners to install solar systems on their roofs, will be up and running from the beginning of next month.

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Christmas comes early for motorists

Consumers might find themselves with a bit more room in their holiday budget for Christmas this year, as stakeholders predict a continued drop in fuel prices. Anticipating further reductions at petrol stations,

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Govt, Chevron resolve Aphrodite standoff

Energy Minister George Papanastasiou has confirmed the successful conclusion of negotiations between the Cyprus government and Chevron, the U.S. energy company, regarding the development of the Aphrodite offshore natural gas field. The

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