Almost 10 years to the day, a packed audience in the present-day Hilton Nicosia heard for the first time how Cyprus could have a backup plan to ensure electricity supply is never
The EuroAsia Interconnector, the subsea electricity cable linking Cyprus and Israel with continental Europe, via Greece, has secured a record €657 mln in EU financing geared at clean energy sources, like solar
EuroAsia Interconnector, the Israel-Cyprus-Greece electricity cable that gets underway this year, has secured nearly two thirds of the European Commission’s €1.037 bln funding for key energy infrastructure projects that will drive the EU’s
US Congress members Gus Bilirakis and Nicole Malliotakis have told Secretary of State Antony Blinken they vociferously object to Washington’s reversal of support for the Eastern Mediterranean gas pipeline. They oppose a
The US no longer supports the ambitious EastMed natural-gas pipeline from Israel to Europe; the Biden administration has informed Israel, Greece and Cyprus, a diplomatic source told the Jerusalem Post. State Department officials conveyed
Cyprus’ dreams of becoming an energy hub have taken a step backwards after Nicosia confirmed the construction of the EastMed gas pipeline is a longshot. In comments to state radio CyBC, newly
By Hussein Sayed, Chief Market Strategist at Exinity Oil prices are showing no signs of easing as the bull market remains well supported by fundamentals. Brent crude has rallied for four consecutive
Cyprus Transport Ministry will launch a subsidy scheme for electric bicycles as part of the government’s urban mobility scheme to encourage the public to opt for greener and more sustainable means of
A State Department spokesperson said that Washington continues to support regional stability and energy cooperation between Cyprus, Greece, Israel through electricity interconnectors like EuroAsia. The comments follow the publication in Greek media
After years of official support by the US Administration for energy projects in the East Mediterranean, Washington has shed its clothes. As expected, Washington’s perceived support for a regional offshore gas pipeline