The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, which could start producing by 2027, the energy minister said. “Europe is
The economic outlook for Germany has deteriorated in recent months due to high energy price inflation and rising gas security risks, the DBRS Morningstar The sharp increase in global energy prices has
Cyprus and US energy firm Chevron said they are committed to accelerating the development of the offshore Aphrodite gas field to supply the European Union and Egypt. Energy Minister Natasa Pilides announced
The spectre of energy poverty looms large for many Cypriot families, as economists estimate that one in four households are at risk, even the traditionally safe middle class. With electricity bills inflated
Thousands of Cypriot households are on the verge of falling into energy poverty as they cannot pay their rising electricity bills, leaving them in the dark as the supply is cut off.
The Cyprus Electricity Authority’s pricing plans are ready to be approved by the Energy Regulator, with households expected to pay 25% more on their bills. EAC spokesperson Christina Papadopoulou told CNA on
The Cyprus Consumer Association is calling on authorities to impose a freeze on hiking electricity prices, as they fear that bills covering June and July will increase by up to 25% compared
Construction of the Interconnector Greece-Bulgaria (IGB) natural gas pipeline, which links the gas systems of the two countries, is completed and slated to start trial operation next month. Despite the IGB pipeline
Rising electricity prices and spiralling fuel costs burden consumers and small businesses on an island far behind a green and sustainable economy curve. Discussions in recent weeks, as retail fuel costs spiralled
While the concept of sustainable mining is relatively new, it has been gaining traction as modern practices, and technological advances have made it possible for the industry to control and dramatically improve
