Cyprus is targeting its first natural gas exports by 2026 from the Aphrodite gas field, Energy Minister Natasa Pilides said. After a parliamentary committee hearing, Pilides said there are many options concerning
Cyprus backs EU plans on energy security and beefing up storage after Russia cut off gas supplies to fellow bloc members Bulgaria and Poland. Brussels says it is preparing for difficult months
Annual household electricity bills shot up by 36% in Cyprus in the second half of 2021, the third-biggest increase in the EU27. According to Eurostat, in the second half of 2021, average
With oil and gas prices not expected to come down, Cyprus needs to rethink its entire energy plans, according to a leading industry expert. Charles Ellinas, a Senior Fellow at the Global
The European Commission and Bulgaria agreed to create the EU’s first regional task force as part of the bloc’s Energy Purchase Platform, following Gazprom cutting gas deliveries to Sofia and Warsaw. The
With Russia halting natural gas supplies to western Europe, the ‘weaponisation’ of energy had lurked in everyone’s mind. Politicians prayed Moscow would never resort to this form of blackmail and the pipelines
By Craig Erlam A little bit of positivity seems to have returned to the markets on Wednesday, but there’s still plenty of underlying unease amid a mixed bag of earnings and rising
By Jeffrey Halley The Ukraine/Russia conflict has suffered some headline fatigue of late, and more than a little complacency by the world’s financial markets, as China’s slowdown fears grabbed centre-stage. The economic
The emission of greenhouse gases (GHG) per person employed has been, since 2010, on a continuous decline in the European Union, but Cyprus consistently remains above the EU average. The decline is
Facing public pressure from spiralling electricity and gas prices while trying to stem imports from Russia, Greece’s prime minister Kyriakos Mitsotakis made a spectacular U-turn on energy policies. Within two weeks, he
