Brussels understands Cyprus’ concerns over the costly impact of the “Fit for 55” package to reduce greenhouse gas emissions in tourism and the economy. Transport Minister Yiannis Karousos said there was support
Israel’s NewMed Energy, one of the partners in the Chevron-operated Aphrodite gas field in Cyprus, announced in its Q1 2022 financial report released on May 23 that talks are underway with the
Cyprus stands ready to contribute to the EU’s efforts to secure gas to ease dependency on Russian supplies, said Energy Minister Natasa Pilides. At the 7th East Mediterranean Gas Forum (EMGF) Ministerial
Tapping into Israel’s vast renewable energy sources will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Tel Aviv, highlighting the importance
Greek firm Energean’s floating gas production rig has arrived in Israel, mooring near the Karish gas field, with Lebanon warning against any activity in disputed waters. Following the crossing of the Suez
The Energy Ministry will not impose a price ceiling on hiking pump prices, despite almost breaching the €2 a litre barrier, as it finds no evidence of profiteering. Responding to MPs requesting
Global energy markets are looking for a way out of the current crisis, partly caused by the Russian invasion of Ukraine and due to COVID-19 fallout, economic growth and a shortage of
Petrol station owners joined consumer outrage over more price shocks as pump prices on Friday went up by another 6-9 cents per litre. In comments to CyBC TV, the Cyprus Petrol Station
EU-funded EuroAsia Interconnector is recruiting for key engineering and administration positions, offering a substantial pay and benefits package. The 2,000MW infrastructure, connecting the national electricity grids of Israel, Cyprus, and Greece, said
Motorists are limiting the use of their vehicles to save on petrol as pump prices continue to break new records. Boosted the war in Ukraine, fuel prices on Monday were at record
