Cyprus has resumed searching for oil and gas after more than a year due to coronavirus with US energy giant ExxonMobil conducting appraisal drilling in block 10 of its Exclusive Economic Zone
An article in the FT pointed out that in the UK, one recent study estimated that 54% of electricity supply is lost before power reaches the consumer because of the inadequacies of
There is no doubt that prices, in general, are rising, and we need to have a plan to tackle this soaring price hike. This analysis is limited to the increase in the
Multinational exercise Nemesis 2021 took place in Cyprus’ exclusive economic zone (EEZ) to test safety and security procedures amid Turkey intervention threats around energy exploration. Aeronautical units and military personnel from Cyprus,
“We have 340 sunny days per year,” Georgia Mouskou said as sunlight streamed through her windows. “But we’re still not betting on renewable energies in Cyprus.” Faced with her skyrocketing electricity bill,
The leaders of Greece, Cyprus and Egypt took their electricity and security alliance to the next level, pledging to establish an office to coordinate “issues of mutual interest”. Speaking after their ninth
Cyprus and Egypt signed a bilateral agreement on electricity interconnection in Nicosia on Saturday that paves the way for the €2.5 bln EuroAfrica Interconnector to move ahead with final feasibility studies, permits
In September, inflation in Cyprus remained relatively high as rising fuel and energy costs kept it at 4.1%, although lower than the 5% in August. Food and non-alcoholic beverage prices slowed while
By Charles Ellinas The global economy is still growing – driven by the more affluent parts of the world as they come out of the pandemic – even if at a touch
If the government could so easily announce a 10% discount on the next two electricity bills, it begs the question, why not earlier? On the other hand, as the sole shareholder of
