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
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
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
Cyprus, along with Malta, have the highest energy demand to keep buildings cool among EU states, while since 1979, the two countries recorded the highest yearly average of cooling degree days. According
One of the priorities of the new administration is to reduce the cost of electricity, to help industry and the economy reach the potential “they deserve”, said new Energy Minister George Papanastasiou.
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
Mild winter and a slow start to 2023 have eased energy prices in Europe, at least for now, with persisting tight oil and gas supplies. China’s economy is on the way to
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
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
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.