Cyprus-Egypt energy powwow

Deepening relations in trade, economy, tourism and Energy will be the focus of a meeting in Cairo between President Nikos Christodoulides and Egypt’s Abdel Fattah al-Sisi. President Christodoulides, on his first major

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Cyprus, Greece, Israel seek energy boost

Cyprus, Israel and Greek foreign ministers highlighted the importance of their energy cooperation and its contribution to the stability in the region. Cypriot Foreign Ministers Constantinos Kombos, Greece’s Nikos Dendias and Israel’s

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Europe’s LNG strategy is flawed

The current European natural gas markets still are looking at very high price settings, while demand is below historical levels, and supply could be hit by Asian demand increases. Since the Russian

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Cabinet extends energy subsidies

The Cabinet on Wednesday decided to extend a series of measures previously introduced to alleviate pressure on households from the hike in fuel prices and electricity. As the government’s acting spokesperson Niovi

Big Oil maintain output plans

International oil companies (IOCs) are maintaining their output plans, despite increasing demand and output of electric vehicles and emission targets that should match zero-carbon ambitions over the next two decades. ExxonMobil is

Government told more RES can’t be absorbed

The government will continue to subsidise the installation of solar panels in homes, despite warnings the system can’t absorb additional Renewable Energy Sources (RES), said Energy Minister Natasa Pilides. A joint letter

Energy markets to remain unstable

The Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven by China, leads to increased energy demand, impacting prices upwards.

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