energy

Cyprus energy news on electricity, natural gas, renewables, infrastructure and policy, with reporting on prices, investment and regional energy cooperation.

Economy

Cyprus air fares to rise due to Iran war as fuel costs skyrocket

Airfares look increasingly likely to rise further as the US-Iran war unsettles energy markets, with Lufthansa saying on Tuesday...
Economy

Cronos deal historic but Cyprus gains little, expert says

The 1.8 billion dollars in contracts that Eni signed on Monday for the subsea infrastructure of the Cronos gas...
Economy

Petrol stations expect new price rises, warn over fuel orders

Petrol station owners expect fuel prices to rise again if international oil prices stay at current levels for a...
Economy

French vessel Abeille Marengo docks in Crete for power link surveys

The French vessel Abeille Marengo sailed into the port of Heraklion in Crete on Tuesday morning ahead of seabed...
Economy

Nine critical energy projects due in 2027, delays possible

Nine critical energy projects, mostly involving the Electricity Authority of Cyprus (EAC) and the transmission system, are expected to...
Economy

Contracts worth up to $1.8bn signed for Cronos gas field

Contracts worth up to 1.8 billion dollars were signed on Monday to develop the Cronos gas field off Cyprus,...
Economy

Cronos gas deal a strong vote of confidence, President says

President Nikos Christodoulides on Monday called the signing of contracts worth up to 1.8 billion dollars to develop the...
Politics

ENI’s Cronos deal strengthens Cyprus’s energy profile

Italian energy company ENI will sign contracts worth up to 1.8 billion dollars in Nicosia on Monday to develop...
Politics

Turkey issues NAVTEX for surveys between its coast and occupied Cyprus

Turkey has issued a new NAVTEX for scientific research and underwater surveys in waters between its coast and occupied...
Economy

Eni set to sign contracts worth up to $1.8bn for Cyprus Cronos gas project

Italian energy company Eni is expected to sign contracts worth up to $1.8 billion in the coming days for...
Economy

Watchdog finds 22 petrol stations did not pass on full tax cut

Twenty-two of the 290 petrol stations checked by the Consumer Protection Service did not pass on the full cut...
Economy

Heating oil gets tax cut as global prices soar

Parliament on Thursday unanimously approved a cut in excise duty on heating oil of 6.39 cents a litre, including...
Economy

ECB warns food prices set to rise faster again in 2027

Food prices in the euro area are expected to start rising faster again in 2027, driven by higher energy...
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