The informal European Council meeting in Versailles set the foundations for the bloc’s gradual independence from external energy suppliers, starting from Russia with its stranglehold on natural gas pipelines, primarily to Germany.
President Nicos Anastasiades underlined Cyprus’ role in providing the European Union with energy and the problems posed by Turkey not backing EU sanctions against Russia for invading Ukraine. During his remarks to EU
Putin is upping the ante as discussions rage within Western capitals to sanction Russia’s oil and gas sectors. Russia has even threatened to block the Nord-Stream I pipeline to Germany. US president
Elon Musk’s calls for increasing U.S. oil and gas output in the wake of Russia’s invasion of Ukraine will not deter investors from positioning their portfolios towards renewable energy, despite the “negative”
Copper is an essential part of human life. It is so ingrained in our daily lives that we encounter it without even noticing. Due to its high ductility, malleability, thermal and electrical
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.
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 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
The Auditor-General (AG) took the unprecedented step of issuing a statement, more or less proclaiming the delayed LNG import project risks becoming the victim of ‘blackmail’. The AG’s comments are very serious
Last year’s sharp rise in natural gas prices across Europe, which inevitably hit electricity prices, left a sour inheritance to Greek households and businesses. As summer gave way to autumn, electricity prices
