Establishing the island’s electricity market, promoting green energy projects, and the EuroAsia Interconnector top Cyprus’ Energy Regulatory Authority’s (CERA) to-do list. President Nicos Anastasiades said Monday that authorities are concentrating on carrying
An oil and gas crisis sparked by the Ukraine war may positively affect Cyprus’ exploration program, said Energy Minister Natasa Pilides. She said Cyprus’ gas search is being ramped up after positive
Energy Minister Natasa Pilides told Daily News Egypt the cost of the EuroAfrica interconnector project costs €2.5 bln, including €1.5 bln to connect Crete with Cyprus and €1 bln to connect the
President Nicos Anastasiades and his energy minister are pushing to raise awareness and support in the urgency for energy security as part of the EU’s desire to diversify supplies, especially within the
ExxonMobil and Qatar Petroleum, consortium partners in Block 10 of the Cyprus Exclusive Economic Zone (EEZ), have found “high quality natural gas” in the ‘Glaucus-2’ appraisal well, with the drillship Stena Forth
DThe war in Ukraine and sanctions on invading Russia have been feeding an already brewing energy crisis, in ways that could not have been foreseen. However, environmentalists and consumer associations argue that
The Greek government is taking another step towards financial abyss by announcing a new package of financial measures aimed at strengthening households and businesses hit by runaway energy prices. The total package
By Peter Van der Borgh When considering effective ways to achieve net zero emissions, policymakers tend to focus on renewable energy sources and greener means of transport, often ignoring a key element
Cyprus will be looking to upgrade its role as an alternative energy hub and supplier to the EU, making the most of its untapped natural gas reserves and upcoming electricity interconnectors with
Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders also tracking interest rate decisions and China’s pledge to support volatile markets. The price of benchmark oil
