By Han Tan, Chief Market Analyst at Exinity Group Brent crude oil futures have broken above $110 for the first time since 2014 as OPEC+ prepares to discuss its production plans for
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.
Cyprus’ plans to import natural gas to its energy mix face further delays as work on constructing the €300 mln Vasiliko LNG import terminal are held up as large quantities of chemicals
Qatar’s emir said major gas exporting nations were working to ensure “credible and reliable” supplies as he hosted a forum overshadowed by the worsening crisis in Ukraine on Tuesday. Sheikh Tamim bin
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
Italian energy giant Eni, with interests in seven offshore gasfields around Cyprus, on Friday said it returned to net profit last year, boosted by soaring oil prices that brought better-than-expected fourth-quarter results.
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”
Cyprus recorded the third-largest share (89%) of fossil fuels in gross available energy in the European Union in 2020, according to the latest data from Eurostat. Malta (97%) was the EU Member
There is no political aspect in the US position on the EastMed gas pipeline; Washington favours projects that enable clean energy transition and connect markets in the Eastern Mediterranean. This is what
Consumers should prepare for more hikes in their electricity bills, as the Cyprus Electricity Authority (EAC) is liable to pay €183 mln for greenhouse gas emission rights in 2022, 150% over the
