Fuel prices to rise 10% this month

Motorists are warned to expect hefty spikes in petrol prices, as pump rates will go up another 10 to 15 cents per litre. With prices soaring, petrol stations owners warned on Wednesday

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Cyprus energy security at risk

Under commitments made to the European Union, the Electricity Authority (EAC) may have to pull the plug on six steam turbines at its Dhekelia power plant, reducing its ability to meet demand.

Congress members slam US over EastMed snub

US congress members Nicole Malliotakis and Gus Bilirakis slammed the Biden administration for its handling of the EastMed gas pipeline and demanded an in-person briefing. A letter to Naz Durakoglu, Principal Deputy Assistant

EAC €150 mln deal for nat gas power unit

Cyprus Electricity Authority announced a €150 mln deal with Greek firm Terna to construct a natural gas power generating unit at the Vasiliko plant. The authority said the “new, modern and efficient”

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